The property/casualty insurance sector is likely to experience changes following Donald Trump’s election as U.S. president, with Republican control of the Senate and possibly the House. Experts suggest Trump’s fiscal policies may stabilize the environment for mergers and acquisitions by easing concerns about tax increases. However, potential economic policies, like new tariffs, could raise repair and rebuilding costs, leading to higher premiums for policyholders. Tort reform advocates, supported by the American Property Casualty Insurance Association, will push for federal legislation requiring disclosure of third-party litigation funding. Dr. Robert Hartwig, finance professor, noted that most tort reforms will still need to occur at the state level, and Trump’s judicial appointments could impact liability insurers. Read more by clicking here.