Monitoring
Atlantic Basin AOI-1
30%
7-day formation
May 24
First NHC mention
From Our Desk Original analysis · P&C
All P&C insights →
Cat Modeling
By Sarah · 14 min read · Jun 10
P&C Insurance
Supershear Quakes Expose $13.2B Blind Spot in Cat Models
MS Amlin finds supershear earthquakes caused 66% of insured earthquake losses since 2016, an estimated $13.2B absent from cat models. Loss increases reach 30-60% at the 500-year return period.
By Sarah · 14 min read · Jun 10
Everest Group: Decision Intelligence Now Defines P&C Tech Vendor Differentiation
Everest Group ranked 38 vendors across the $16-18B P&C tech ecosystem. With 58% of AI use cases in claims and 46% in underwriting, decision intelligence defines vendor differentiation.
By Shruti · 13 min · Jun 10
Malpractice Insurers Hit 105% Combined Ratio as Verdict Severity Doubles
S&P Schedule P data shows medical professional liability exceeded 105% combined ratio in 2025 for the fifth time in eight years. LDF and ILF recalibration under non-stationary severity.
By Sarah · 10 min · Jun 10
Reinsurance Illiquidity: Why Record Capital Still Costs Too Much
Howden Re identifies structural illiquidity as a systemic drag on reinsurance economics, keeping capital costs elevated even as dedicated capacity hits $785B and June 1 rates fall up to 25%.
By Sarah · 14 min · Jun 9
Texas Claims Nine of Ten Top Homeowners Rate Hikes in Q1 2026
S&P Global data shows nine of the ten largest U.S. homeowners rate filings in Q1 2026 landed in Texas. Analysis of how file-and-use regulation concentrates rate volatility.
By Sarah · 12 min · Jun 9
On the Wire
- D&O Liability Market Remains Profitable, but Reserve Deficiencies Signal Trouble AheadRisk & Insurance · 10h ago
- Everest targets $530m of retro with two Kilimanjaro III Re catastrophe bond seriesArtemis · 14h ago
- Massachusetts MPIUA gets $150m Mayflower Re 2026 cat bond priced below guidanceArtemis · 17h ago
- US P&C insurance industry rebounds with $16.3bn underwriting gain in Q1’26: AM BestReinsurance News · 8h ago
- Adaptive Insurance Selects ZestyAI to Enhance Storm Risk Underwriting and RatingInsurance Innovation Reporter · Yesterday
Earnings Pulse Latest P&C carrier filings · Q1 2026
All filings →
This week
Six of the top ten personal-lines carriers reported Q1 results. Combined ratios improved 280 bps on average vs. PY, with auto leading and homeowners still drag-heavy on SCS losses.
Progressive
86.2CR
3.4pt vs PY
Q1 2026
Allstate
94.8CR
5.1pt vs PY
Q1 2026
Travelers
92.1CR
1.8pt vs PY
Q1 2026
Hartford
95.6CR
0.6pt vs PY
Q1 2026
Combined ratios from most recent 10-Q filings. Lower is better; green indicates improvement vs. prior-year period.
Cat Watch Active perils & recent federal declarations
NHC & FEMA →Declared
Midwest SCS Outbreak
$2.4B
Industry insured loss est.
14 cos.
Cat code activations
Watching
CA Wildfire Outlook
Above Norm.
June–Sept outlook
+18%
vs. 10-yr avg fuels
CAS Radar Casualty Actuarial Society research & announcements
CAS.org →May 23
Research
CAS Working Party releases updated paper on machine-learning reserving methods for long-tail lines
Variance · Vol 17, Issue 1
May 22
Announcement
Exam 5 results released: 47% pass rate, lowest in five spring sittings
CAS Office of the President
May 20
Webinar
"AI-augmented reserving in commercial auto" — June 11, 1pm ET, free for CAS members
CAS Continuing Education
May 19
Standards
Exposure draft: Revised guidance on stochastic reserving practice for personal auto
CAS Committee on Reserves
May 18
Society News
2026 CAS Annual Meeting announced for Nov 8–10 in Boston; CFP open through July 15
CAS Annual Meeting Committee
May 16
Research
New monograph: Bayesian credibility frameworks for low-frequency, high-severity commercial lines
CAS Monograph Series · No. 14