Property and Casualty News

In a Jan. 8 press release, the Federal Emergency Management Agency— FEMA— shared they have delivered preliminary updated flood maps for Tehama County and Red Bluff. They state updated information was provided from FEMA and Tehama County officials to accurately reflect flood risks. Preliminary maps, indexes and a preliminary flood insurance study can be found…

Congressman Scott Fitzgerald's Keeping Violent Offenders Off Our Streets Act, legislation aimed at combating radical bail policies by subjecting bail bonds to insurance fraud laws, passed the House Judiciary Committee today. "Public safety must come first, and our bail system should never be exploited by left-wing groups that help put dangerous criminals…

Billions of dollars have flowed into the Los Angeles area since the January 2025 wildfires exploded across the region. In the Los Angeles area, the U.S. Small Business Administration and Federal Emergency Management Agency have pumped billions into disaster assistance recovery, along with the city and county of Los Angeles, and the state.

Billions of dollars have flowed into the Los Angeles area since the January 2025 wildfires exploded across the region. In the Los Angeles area, the U.S. Small Business Administration and Federal Emergency Management Agency have pumped billions into disaster assistance recovery, along with the city and county of Los Angeles, and the state.

Agero, the leader in digital driver assistance services and software for the majority of automotive and auto insurance companies, has appointed former Safelite president and CEO Tom Feeney to its board of advisors. “Tom is an exceptional business leader who led Safelite with true vision and impact,” said Dave Ferrick, Agero President and CEO.“ He set the benchmark…

A year after a series of wildfires ripped through the Los Angeles and San Diego metropolitan areas, one California home insurer has gotten the go-ahead to drop nearly 1,400 policies in areas with high wildfire risks. On Jan. 3, state insurance regulators granted Standard Guaranty Insurance Company's request to change eligibility rules for its First Select…

With a 2025 U.S. News survey finding that 65% of consumers feel travel insurance is important, these ratings provide a crucial resource for travelers looking to protect their vacation investments. "We're seeing roughly 50% of Americans investing in travel insurance as searches for coverage have steadily increased since the COVID-19 pandemic," said Erin…

–The speaker of the Illinois House is signaling that insurance regulation will be a priority for state lawmakers when the General Assembly reconvenes later this month. Illinois House Speaker Emanuel“ Chris” Welch, D- Hillside, was asked about the upcoming legislative session when he addressed the City Club of Chicago on Tuesday. Illinois Secretary of State…

Earthquake damage is not covered by a standard homeowners insurance policy in the United States. Earthquake risk varies widely across the U.S. According to federal seismic hazard models, earthquake hazards extend beyond the well‑ known Western states to many regions across the country. In this article, Cheap Insurance reviews the differences between…

The following information was released by the office of the Mayor of Philadelphia:. This achievement is expected to save Philadelphia property owners, renters and businesses a combined $424,000 annually in flood insurance premiums. Philadelphia is the 4th largest city in the U.S to join CRS.

The Fifth Court of Appeals at Dallas held that a jury may reasonably account for a policy deductible when calculating damages and confirmed that homeowners who prevail at trial are entitled to recover attorneys’ fees. “The court made clear that insurers cannot erase jury verdicts by relying on deductibles after the fact,” said Chad Baruch, the managing…

High home insurance rates are straining Americans' budgets as they enter 2026. A new survey from Insurify found that 59% of policyholders said their costs increased last year, and 57% have made financial sacrifices to help pay for coverage. In 2025, the average annual cost of home insurance reached $3,017, according to Insurify rate data.

In 2024, the U.S. P/C segment’ s combined ratio dropped 5.1 percentage points to 96.6 from a year earlier, which benefitted from 5.4 percentage point drop in the loss and loss adjusted expense ratio. The turbulence caused by macroeconomic and weather-related factors largely impacted the P/C industry’ s loss and loss adjustment expense ratio as insurers fought…

VergeIO, the VMware alternative for organizations seeking unified infrastructure, today announced that Alinsco Insurance has completed a full migration from VMware on Dell VxRail to VergeOS across its Fort Worth headquarters and international locations. Alinsco Insurance, a Texas- based auto insurance company serving millions of drivers since 2003,…

“The Hartford is a destination for top talent working on the frontier of technological change, and this Columbus office is part of our strategy to have employees collaborate on products and services that are integral to the future of insurance,” said The Hartford’ s Chief Information Officer Shekar Pannala.“ By expanding our technology presence, we are creating…

American Integrity Insurance Group, Inc., a leading Southeast regional property insurer with a long-standing record of disciplined underwriting and financial resilience, today announced its expansion into North Carolina. American Integrity now offers its homeowners insurance product to North Carolina residents, representing a strategic extension…

The Baldwin Group today announced leadership appointments in its Insurance Advisory Solutions segment, the firm’ s retail property and casualty and employee benefits brokerage business. Joe Valerio, Chief Operating Officer, The Baldwin Group’s Insurance Advisory Solutions segment. Following The Baldwin Group’ s recently closed merger with CAC Group, Erin…