All the headlines from our Property Casualty Topic Page, ordered by recency.
Apr 7 2025 // The U.S. property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income to $170 billion, according to a joint report from Verisk and The American Property...
Apr 7 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit.AM Best in a “First Look” at U.S. P/C financial results said the industry left 2024 with a...
Apr 2 2025 // The Florida Hurricane Catastrophe Fund will not have to pay some $30 million to Universal Property & Casualty Insurance Co., after the carrier settled a civil suit that alleged the insurer had backdated claims to boost...
Apr 1 2025 // JM Wilson Promotes Staruch, Dodd and Ladik and Re-Hires Snyder-KnutsonJM Wilson, headquartered in Portage, Michigan, Natalie Staruch was promoted to executive property & casualty (P&C) underwriter. She underwrites...
Mar 27 2025 // This edition of International People Moves details appointments at Everest Re and the MGA Aqueous Underwriting.A summary of these new hires follows here. Everest Re Taps Haines From Carpenter as Global Head of...
Mar 21 2025 // The U.S. property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income to $170 billion, according to a joint report from Verisk and The American Property...
Mar 18 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit.AM Best today in a “First Look” at US P/C financial results said the industry left 2024 with...
Mar 18 2025 // This post is part of a series sponsored by AgentSync.After years of watching insurance carriers exit the California property and casualty market, the state may see another exodus in the wake of the January 2025 wildfires...
Mar 10 2025 // The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection, most notably in the personal lines sector.A report from industry...
Feb 24 2025 // Incline P&C Group, a leading insurance program market services firm, has elected Thomas Wafer to the Board of Directors of each of its insurance carriers as an independent director. Wafer brings over 40 years of...
Feb 24 2025 // Chubb posted record property/casualty underwriting income of about $1.6 billion, up 3.8% during the last quarter of 2024.Fourth-quarter net income was down 22% to about $2.6 billion compared to the same period a year ago,...
Feb 21 2025 // The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection.A report from industry rating agency AM Best this week said U.S. P/C...
Feb 13 2025 // This edition of International People Moves details appointments at the broker BMS and the managing general agent DUAL UK.A summary of these new hires follows here. BMS Taps Howden Re’s Biddell as Managing Director...
Feb 6 2025 // Thirteen U.S. property/casualty companies became impaired in 2023, 10 of which were placed into insolvent liquidation, according to an AM Best report.The insurance company impairments identified in the U.S....
Jan 31 2025 // The Pennsylvania Insurance Department (PID) reported that in 2024 it refused to approve $180.3 million in annual property/casualty (P/C) insurance premium increases in the state through its rate review processes.The PID...
Jan 29 2025 // Chubb posted record property/casualty underwriting income of about $1.6 billion, up 3.8% during the last quarter of 2024.Fourth quarter net income was down 22% to about $2.6 billion compared to the same period a year ago,...
Jan 17 2025 // The “gap is closing” between commercial lines and personal lines underwriting results as the insurance industry overall is expected to continue its run of premium growth and improved underwriting results over...
Jan 15 2025 // This edition of International People Moves details appointments at Lockton Re and Westfield Specialty International.A summary of these new hires follows here. Lockton Re’s International P/C Division Appoints Moruzzi...
Jan 7 2025 // Moody’s Ratings changed the sector outlook for the global property/casualty insurance industry to stable from negative last month, pointing to personal lines price hikes in the U.S. and UK as a reason for the...
Dec 12 2024 // U.S. property/casualty insurers are positioned favorably heading into 2025, Fitch Ratings forecasted in its annual outlook report.Citing “a strong personal lines turnaround” and “resiliency following an...