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Many insurance professionals are weathering today's unprecedented market hardening for the first time.

'We came so close,' said general counsel for the Independent Insurance Agents & Brokers of California.

The increased legalization of cannabis and the introduction of new products is creating a number of new risks for insurers covering these businesses.

December 2022 through January 2023 saw an increase in every type of loss associated with winter storms compared to the previous year, according to a report from Verisk.

Insurers are paying out less in claims and policyholders have seen premiums drop following 2020 changes to the state's no-fault system.

During the final quarter of 2022, the median rate increase was 0.3% for workers' comp, according to AJG.

Companies will receive credit for any UPC policies that are taken prior to the approval of incentive program applications.

News from NFP, EvolutionIQ, Arbella Insurance Group and more.