1,273 insurers have failed globally since 2000, new PACICC catalog finds

Florida and New York are the two most failure-prone insurance jurisdictions on earth by frequency, but state guarantee funds mean US policyholders are better protected than most

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.