Property and Casualty News

COLUMBIA, S.C.– A push to strengthen South Carolina's preparedness for earthquakes moved forward Wednesday as lawmakers advanced a bill that would require insurers to clearly inform homeowners when their policies do not cover earthquake damage. Gil Gatch of Summerville, along with Reps. Wendell Gillard of Charleston, and Michael F. Rivers, Sr., of Beaufort, would…

By Sheldon "Trey" Vice III| LSU Manship School News Service. BATON ROUGE— Louisiana Insurance Commissioner Tim Temple is working with the National Association of Insurance Commissioners to establish a targeted discount rate for homeowners who install a fortified roof. Temple, who generally favors free-market solutions, had been opposed to enforcing…

Nationwide Insurance published the results of its 15th annual pet insurance claims survey on Thursday. The company analyzed more than 3.3 million insurance claims submitted for dogs and cats in the U.S. in 2025, finding chronic conditions dominate the top 10 most common reasons for claims. There are numerous pet insurance providers across the U.S., and the…

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of the property/casualty insurance subsidiaries of Cincinnati Financial Corporation and The Cincinnati Life Insurance Company. All companies except The Cincinnati Specialty Underwriters Insurance Company are domiciled in Fairfield, OH.

OneShield, a leading provider of technology solutions for the property and casualty insurance industry, today announced that a Michigan- based specialty insurance provider has selected the OneShield AI Hub platform to power its next-generation insurance operations. This press release features multimedia. “AI is fundamentally reshaping how insurance…

2026 MAR 04– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Investigators publish new report on Insurance. According to news originating from Wuhan, People’ s Republic of China, by NewsRx correspondents, research stated,“ Directors’ and Officers’ liability insurance is a key component of modern corporate governance, and assessing its impact…

WASHINGTON COURT HOUSE, Ohio— Western Reserve Group has named Parrett Insurance Agency Inc. of Washington Court House a“ Presidential Agency Partner,” the company announced. Parrett Insurance Agency has represented Western Reserve Group, a property and casualty insurer based in Wooster, since August 1996. Western Reserve Group provides insurance solutions…

Opening arguments began Wednesday morning in the blockbuster insurance fraud trial of two New Orleans personal injury lawyers accused of scheming for years to crash cars into big rigs and bilking insurance companies for huge payouts. The trial taking place at New Orleans' federal courthouse on Poydras Street, plus another slated for August, follow a…

TALLAHASSEE, Fla., March 04, 2026– During National Consumer Protection Week, the Personal Insurance Federation of Florida is highlighting signs of stability in Florida's property and auto insurance markets— as well as the journey from crisis to course correction— through its resource hub: PIFF.net/MarketPulse. "States across the country are watching Florida,"…

LOS ANGELES, March 04, 2026– The Schall Law Firm, a national litigation firm, announces that it is investigating claims on behalf of homeowner policyholders of State Farm, Travelers, and Progressive for breach of covenant of good faith and fair dealing and other potential claims. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century…

You might think it was exactly the kind of scenario you’ d buy travel insurance for in the first place. That’ s where the world found itself this week, as major conflict between the United States, Israel and Iran broke out in the Middle East. For the thousands of Australians currently stranded in or unable to travel through the Middle East, it’ s almost impossible to…

Emily Rogan, senior program officer for United Policyholders, says underinsurance has been a problem in every disaster the nonprofit consumer advocacy group has worked on. In fact, researchers at the University of Colorado found these homeowners were underinsured by an average of $139,000. The study, "Coverage Neglect in Homeowners Insurance," analyzed…

As taxpayers prepare to file, Mercury Insurance highlights key insurance paperwork that may be needed— and often forgotten.LOS ANGELES, March 3, 2026/ PRNewswire/– The IRS processes more than 160 million individual tax returns each year, and millions of taxpayers request filing extensions. Mercury Insurance is encouraging homeowners and renters to review…

The following information was released by U.S. International Development Finance Corporation:. The U.S. International Development Finance Corporation is ready to mobilize its Political Risk Insurance and Guaranty products to stabilize international commerce and support American and allied businesses operating in the Middle East during this period…

Only 3 in 10 Americans (31%) review or shop for insurance each year, with many waiting until premiums increase, major life changes occur, or coverage issues arise.

Examples of general liability insurance claims: What's typically covered by insurance? General liability insurance is a type of business insurance that can help protect business owners from some costs around the most common small business insurance claims they face— from customer injuries to property damage to advertising disputes.

March is Reading Month and the Michigan Department of Insurance and Financial Services recommends Michiganders carefully review their insurance policies with a licensed insurance agent or trusted advisor, and to shop around to ensure they have the protection that best meets their families' needs and budgets. Insurance affects nearly every aspect of life…