The United States insurance market is uniquely complex due to its structure of state-based regulation. Each of the 50 states, along with several territories, acts as a separate insurance jurisdiction with its own regulatory framework, laws, and market conditions. This decentralized system creates a diverse landscape of challenges for insurance carriers operating across the country. This article explores the different insurance jurisdictions throughout the United States and the specific challenges insurance carriers face in each.
In today’s volatile insurance marketplace, hospitality companies face mounting challenges: rising premiums, shrinking capacity, and coverage gaps for emerging risks. For forward-thinking operators, the traditional purchase of insurance is no longer a foregone conclusion—it’s an opportunity to take control. Alternative risk transfer, especially through captive insurance, empowers hospitality businesses to transform insurance from a sunk cost into a strategic asset.
Enterprise Risk Management (ERM) is a holistic, organization-wide approach to identifying, assessing, and managing risks that could impact a company’s ability to achieve its objectives. Unlike traditional risk management, which often operates in departmental silos, ERM takes a top-down perspective, integrating risk awareness and mitigation into strategic planning and daily decision-making.
Signed into law in July 2025, the "Big Beautiful Bill"—officially the One Big Beautiful Bill Act—represents one of the most comprehensive legislative packages in recent memory. While much of the public attention has focused on its tax and social spending provisions, the bill also brings significant changes to the U.S. insurance landscape, particularly in the areas of health insurance and property and casualty (P&C) insurance.
Over the Fourth of July weekend in 2025, central Texas was struck by catastrophic flash floods, primarily impacting the Hill Country region and communities along the Guadalupe River. Torrential rains—up to 12 inches in some areas—caused the river to surge nearly 30 feet in less than an hour, overwhelming local infrastructure and catching residents and campers off guard. The disaster claimed more than 100 lives, with dozens still missing, and left a trail of devastation across Kerr County and neighboring areas. With insured losses and the total economic impact expected to be well north of ~$20 billion the budget cuts to NOAA will be a continued topic of discussion moving forward.
Staffing cuts at NOAA and the National Weather Service have critically weakened the United States’ ability to forecast both hurricanes and inland severe weather events in 2025. The industry must adapt to a new reality where both named and non-named storm risks pose unprecedented challenges to traditional risk management.
Rate on Line (ROL) is a fundamental metric in reinsurance that quantifies the cost of reinsurance coverage relative to the protection obtained. It represents the ratio of the reinsurance premium paid to the maximum loss recoverable (reinsurance limit), expressed as a percentage. This metric directly influences insurers' risk transfer decisions and reinsurers' profitability assessments.
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