Property and Casualty News

Aon Appoints New CEO to Lead Middle Market Practice in North America CHICAGO, March 11, 2025- Aon plc, a leading global professional services firm, today announced Denise Perlman will join the firm to lead the middle market segment practice in North America, effective April 1. Perlman will report to Lori Goltermann, CEO of Regions and North America for Aon, and will…

PLEASANT GROVE, UTAH- March 11, 2025- Food Liability Insurance Program is pleased to announce a new monthly payment option for its Liquor Liability Insurance. Now, small businesses like bartenders, caterers, chefs, food vendors, concessionaires, and food trucks can protect their operations for as little as $37.75/ month. FLIP's Liquor Liability Insurance is…

The city's municipal liability insurer, held with Public Entity Partners, will chip in its maximum payout of $1 million per the city's policy, Sarah Nobles told News Channel 11 in an email. Johnson City consistently denied all allegations, and the settlement includes language from the plaintiffs' attorneys stating they faced a "significant risk" of not proving…

Porch Group, Inc., a new kind of homeowners insurance company, today announced the addition of four seasoned insurance industry leaders to its team to strengthen the organization across strategy, sales, reinsurance, underwriting and risk management, as it enters a new phase of expected growth. Previously, Eric held sales leadership roles at Farmers Insurance…

Question: My vehicle was recently involved with a crash with another vehicle. I had car seat inside but no child was present at the time of the crash. I am wondering if the car seat would still need to be replaced.

For at least one family— and, if the statistics tell us anything, many others— the cost of living and sky-high property insurance premiums are driving them to make the difficult decision to give up on Florida. With the move, Garcia expects his $5,000 annual homeowners’ insurance policy to drop to as low as $1,100, based on quotes he said he’ s received from companies in…

Advocates say a major storm is brewing that could overwhelm the state's child foster care system. The problem is legal liability insurance, or, more specifically, the lack thereof. Insurance companies, advocates and providers say, are not taking on new private foster care agencies as clients and some agencies are being notified that they're losing their…

Ron DeSantis and the Florida Legislature passed historic lawsuit abuse reforms in December 2022 and March 2023, which began to curb outrageous litigation bonanzas to improve and stabilize the Florida insurance market. And just two years after these significant legislative reforms, the market is seeing 11 new insurance companies come to Florida and rates…

Insurance Business America has honored five exceptional women leaders from Alliant Insurance Services in its prestigious 2025 Elite Women awards program. Jennifer Dimura, Executive Vice President, National Director of Pharmacy Aaisha Hamid, Vice President, Diversity, Equity& Inclusion Kristen Handel, Senior Vice President, Retail P&C Jennifer Spence,…

The natural disasters in our country of late, from North Carolina storms to California's massive wildfires and other smaller wildfires in the West, have caused significant loss and generated sizable insurance claims. Mike Lowry of Phocus Insurance tells us those fires affect our rates in Arizona. $53 billion is the estimated loss from Hurricane Helene in…

Mar. 8— Question: My vehicle was recently involved with a crash with another vehicle. No child was in my vehicle's car seat at the time of the crash. I am wondering if the car seat would still need to be replaced.

Advocates say a major storm is brewing that could overwhelm the state's child foster care system. The problem is legal liability insurance, or, more specifically, the lack thereof. Insurance companies, advocates and providers say, are not taking on new private foster care agencies as clients and some agencies are being notified that they're losing their…

After drawing seven bids from its invitation to negotiate for "turn-key" office space in Jacksonville, Citizens Property Insurance Corp. has selected a property in South Jacksonville. The selection puts Citizens on a path to leave its Downtown offices in the 30- story high-rise at 301 W. Bay St.. About 4:30 p.m. March 7, Mayor Donna Deegan released a statement…

Advocates say a major storm is brewing that could overwhelm the state’ s child foster care system.The problem is legal liability insurance, or, more specifically, the lack thereof.Insurance companies, advocates and providers say, are not taking on new private foster care agencies as clients and some agencies are being notified that they’ re losing their…

South Carolina businesses and consumers may soon see increased fairness, transparency, and accountability in the state's liquor liability insurance and alcohol permitting process, thanks to new legislation introduced by State Senator Deon Tedder. "This legislation is about fairness and accountability," said Senator Deon Tedder. ·Annual Reporting by…

Commissioner Tim Temple says Liberty Mutual owes about 138,000 Louisiana policyholders approximately $4 million after overcharging the Louisiana Citizens Property…