Happy Wednesday! In this week’s Big I Buzz: what’s shaping the 2025 P&C market so far. Plus, a closer look at how climate disasters could impact the future of foreclosures.

What to Watch: The Trends for P/C Insurance in 2025 So Far

As we reach the halfway point of 2025, it’s a great time to review the key trends shaping the property/casualty market so far—and consider what may lie ahead. The industry continues to navigate a complex environment marked by economic uncertainty and shifting consumer expectations. Policyholders are increasingly budget-conscious, prompting insurers to rethink engagement strategies and offerings. While the second half of the year remains unpredictable, a few emerging trends are worth keeping a close eye on. Read more here.

Climate Disasters Could Drive Foreclosures to $5.4B Over Next Decade

Foreclosures linked to climate disasters could total $5.4 billion by 2035, up from $1.2 billion in 2025, according to First Street’s 13th National Risk Assessment. The report highlights a 1,580% increase in climate-related costs over the past four decades—reshaping how households, lenders, and investors assess risk. With extreme weather now the leading cause of homeowners insurance claims, mortgage lenders rely heavily on insurance as a safeguard against loan defaults. As risks intensify, so does the financial pressure on both borrowers and the institutions that serve them. Read more here.

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