Lightning losses rose 59% in 2025 as claim severity surged, driven by rising repair costs, inflation, and increased home technology exposure.
Insurance Market Share Reports & Industry Trends
A ‘Seamless Experience’ Is What Customers Are Looking For
JD Power’s 2026 Auto Insurance Study found agents resolved 91% of cross-channel customer issues, outperforming websites and apps as customer experience becomes the top driver of satisfaction.
Pet Insurance Market Continues Double-Digit Growth in 2025
Pet insurance premiums hit $5.47B in 2025 with double-digit growth, low penetration, and rising liability risks for insurers and agents.
Risky Business: Economic Uncertainty Remains a Defining Feature of 2026
Gallagher survey finds 94% of business owners fear insurance gaps as cyber, AI, weather, and supply chain risks drive demand for coverage.
Best’s Special Report: Evolving Data Center Landscape Requires Insurer Innovation
AM Best says AI-driven data center growth is creating new risks and driving demand for innovative property and liability insurance solutions.
