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Some Good Climate News to End the Year Planet-warming greenhouse gas emissions kept rising in 2025 and country pledges to cut them are nowhere near where they need to be to avoid catastrophic climate change, but there were silver linings too. The world is decarbonizing faster than was …
POSTED DECEMBER 31, 2025 10:18 AM |
2025 Was One of Three Hottest Years on Record: Researchers Climate change worsened by human behavior made 2025 one of the three hottest years on record, scientists said. It was also the first time that the three-year temperature average broke through the threshold set in the 2015 Paris Agreement of …
POSTED DECEMBER 31, 2025 9:29 AM |
China Lashes Out at Criticism as Taiwan Drills Seem to Wind Down China blasted Western criticism of its most intrusive drills ever around Taiwan as its armed forces appeared to wrap up the maneuvers. The Taiwan question was an “internal affair” and “no country is entitled to make irresponsible comments” about the …
POSTED DECEMBER 31, 2025 9:09 AM |
Severity Was Up, But Will Falling Claims Volume Impact the Profession? The average claim severity during the third quarter 2025 could turn out to be one of the highest quarterly amounts in recent history, however the quarter will produce the lowest claim volume in five years—continuing a trend of decreased catastrophe …
POSTED DECEMBER 31, 2025 7:20 AM |
AI, Litigation Funding and Market Currents: What CM Readers Cared About in 2025 As 2025 unfolded, Carrier Management readers gravitated toward features that explored the intersection of technology, economics, and strategy. From artificial intelligence transforming underwriting to litigation funding reshaping claims costs, and regulatory shifts redefining market dynamics, here are the 10 most-viewed …
POSTED DECEMBER 31, 2025 6:34 AM |
Fight Over Trump’s $100,000 H-1B Visa Fee Moves to Appeals Court The US Chamber of Commerce is appealing a federal court’s refusal to block the Trump administration’s $100,000 fee on applications for H-1B visas that are heavily relied on by American technology companies for hiring skilled foreign workers. The national business …
POSTED DECEMBER 31, 2025 6:24 AM |
[Video] Wildfires, Lawsuits, AI, and M&A: A Look Back at Insurance in 2025 Insurance Journal recaps the biggest stories of 2025—across all of our regions—from record-breaking wildfires and climate losses to broker mega-deals, litigation reform, cyber threats, AI-driven layoffs, and signs of recovery in key insurance markets heading into 2026. Watch this end-of-year …
POSTED DECEMBER 31, 2025 6:23 AM |
Cloudy Future for Bourbon Has Jim Beam Closing Distillery for a Year Bourbon maker Jim Beam is halting production at one of its distilleries in Kentucky for at least a year as the whiskey industry navigates tariffs from the Trump administration and slumping demand for a product that needs years of aging …
POSTED DECEMBER 31, 2025 6:02 AM |
Alabama DOI Expands Policy Cancellation, Nonrenewal Prohibitions Property insurers in Alabama will no longer be able to cancel or non-renew policies because of natural disasters or because of losses that don’t affect that line of business, the Alabama Department of Insurance announced in a recent bulletin. Personal …
POSTED DECEMBER 31, 2025 6:02 AM |
Report: California Comp Combined Ratio for 2024 Highest in 20-Plus Years After three consecutive accident years with relatively stable loss ratios, the projected loss and allocated loss adjustment expense ratio for accident year 2024 rose by 9 points and the combined ratio for accident year 2024 rose by 12 points—the highest …
POSTED DECEMBER 31, 2025 6:00 AM |
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