Doug Bailey

2 weeks ago | insurancenewsnet.com | Doug Bailey

As another volatile hurricane and wildfire season looms, insurers are confronting a new risk that is not coming from the sky or the sea — but from Washington: cuts and massive layoffs at the National Oceanic and Atmospheric Administration (NOAA).

3 weeks ago | insurancenewsnet.com | Doug Bailey

By Doug Bailey The sweeping federal budget legislation dubbed the “big, beautiful bill” by its backers is sparking sharp debate over its potential impact.

1 month ago | insurancenewsnet.com | Doug Bailey

By Doug Bailey As a record number of baby boomers leave the workforce each day, the convergence of economic headwinds, market instability, and geopolitical uncertainty is reshaping what retirement looks like in America. Retirement advisors are stepping into a new kind of frontline—less about returns and more about resilience. "Many folks are reconsidering their plans for retirement due to market uncertainty," says Erika Wood, executive director of planning at Balefire, a Dallas-based...

1 month ago | insurancenewsnet.com | Doug Bailey

The insurance industry is often said to evolve slowly — until it doesn’t. According to two new reports, that moment of rapid insurance industry transformation may be arriving now. TransUnion’s Q2 2025 Personal Lines Trends and Perspectives report shows a near-term market in flux. Auto insurers are breathing a sigh of relief as profitability returns, while property carriers continue to struggle under the weight of rising claim costs, catastrophic weather losses, and premium fatigue.

1 month ago | insurancenewsnet.com | Doug Bailey

The overwhelming popularity of GLP-1 drugs – what President Trump calls “the fat shot” – has insurance companies scrambling to satisfy consumer access to the treatments while at the same time reining in their exorbitant costs.