The median small business holds $12,100 in cash reserves while the average cyber insurance claim now costs $264,000, creating what MoneyGeek calls the “Insolvency Gap,” according to a new analysis examining small business cash flow and cyber risk exposure.
PnC Newsletter
What your homeowners insurance doesn’t cover anymore
The rise of “junk” policies and what consumers must know.
Opportunities exist in serving middle-market businesses
Property/casualty insurers and their agents have a sizable opportunity to serve middle-market businesses, a Conning report said.
5 ways insurers will prioritize AI and customer experience in 2026
Insurers will prioritize customer experience in the coming year as declining customer satisfaction reveals the need to focus on retaining clients.
How cyber insurance will connect consumers and insurers
Several trends are on track to converge in 2026 and boost the perceived value of personal cyber coverage.
While Farmers has continuously offered homeowners insurance to consumers in the state, prior to today’s announcement, Farmers homeowners offerings had been capped at 9,500 new policies per month.
Insurers of last resort are failing households
FAIR Plans were created in the 1960s as a temporary public policy response to a market failure.
Florida homeowners continue to face insurance affordability crisis, report says
A report finds that the “rebuilding” of Florida’s property insurance market after Hurricane Ian struck the state in 2022 has reproduced many of the same conditions that left homeowners exposed in the last crisis.
Americans pay anywhere from 2% to 18.4% of their take-home income for mandatory home and auto insurance, depending solely on where they live, according to a comprehensive new analysis by MoneyGeek covering all 50 states and Washington, D.C.
Insurance company executives consider severe convective storms to be the No. 1 peril by impact to their organizations’ balance sheets, a recent survey found.
The coming year may pose challenges to insurers that are outside their control, such as economic uncertainty and weather catastrophes.
P/C market destabilizing in the wake of billion-dollar disasters, says panel
The U.S. property/casualty insurance market is destabilizing as the annual cost of weather events in the country now totals $200 billion.
Insurers must navigate legal challenges when doing business across state lines
While one state’s laws may apply to the interpretation of the insurance policy, another state’s laws could apply to the underlying claims against the insured.
Property/casualty sector to see strong premium growth continue
The property/casualty insurance sector will see strong premium growth continuing in 2025, according to Conning.
Trends show a new world of insurance litigation
Coverage litigation trends in U.S. federal courts since 2022 reflect a markedly different landscape from both the early COVID-19 years and the decade preceding them.
Environmental insurance: Protecting businesses from hidden risks
Environmental insurance is a fundamental part of risk management.
Will your insurance still fit your small business in 2026?
A smarter way to think about insurance is to treat it like a midyear tax checkup or equipment inspection.
Getting insurance-to-value right in 2025
When it comes to commercial real estate, nothing has been constant or predictable since the pandemic.
Tariffs drive contents claims higher for property/casualty insurers
Higher costs for consumer goods are impacting the cost of property/casualty insurers paying claims for contents of homes that are damaged or destroyed.
