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Property and Casualty News

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New ReSource Pro Primary Research Reveals Five Critical Lessons from Across the Insurance Industry

July 23, 2026

ReSource Pro, a trusted partner providing strategic operations and technology services for the insurance industry, today published its 2026 AI Lessons Learned Report, a first-hand account of how insurance organizations across the U.S. property and casualty insurance ecosystem are navigating the opportunities and pitfalls of artificial intelligence…

Giannoulias Marks Major Victory for Illinois Drivers Facing Skyrocketing Costs with Landmark Auto Insurance Reform

July 22, 2026

Secretary of State Alexi Giannoulias highlighted landmark auto insurance reform legislation that would, for the first time, give Illinois regulators the authority to review and challenge excessive insurance rate increases while strengthening oversight of insurance companies and delivering long-overdue transparency, accountability and consumer…

GOVERNOR HOCHUL ANNOUNCES HUNDREDS OF LAW ENFORCEMENT OFFICIALS SUCCESSFULLY COMPLETED SPECIALIZED AUTO INSURANCE FRAUD TRAINING IN ALBANY

July 22, 2026

The training, led by the New York State Police and the New York State Department of Financial Services, is designed to strengthen the skills of investigators and local law enforcement professionals so they can better detect, investigate and prosecute financial crimes, including auto insurance fraud. "New York has experienced a sharp increase in suspected…

AM Best Affirms Credit Ratings of The Hartford Insurance Group, Inc. and Its Subsidiaries

July 22, 2026

AM Best has affirmed the Long-Term Issuer Credit Ratings of“ a” and the Long-Term Issue Credit Ratings of The Hartford Insurance Group, Inc., which is the ultimate parent of the companies hereinafter mentioned. AM Best also has affirmed the Financial Strength Rating of A+ the Long-Term ICRs of“ aa” of Hartford Fire Insurance Company and its pooling subsidiaries…

July 22, 2026

Opinion: We must clear the insurance industry’s name

My recent experience taught me that leaders in our industry can and will exploit systems intended to serve policyholders for their own benefit.

Wright National Flood Insurance Company announces agreement with First Insurance Co. of Hawaii: Wright National Flood Insurance Company

July 21, 2026

2026 JUL 21– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– Wright National Flood Insurance Company, the nation’ s leading provider of federal flood insurance, has announced an agreement to acquire the flood insurance policy book from First Insurance Company of Hawaii. Wright Flood will service, administer, and issue flood coverage…

American Integrity Founder and CEO Bob Ritchie Named PropertyCasualty360’s 2026 Thought Leader of the Year

July 21, 2026

American Integrity Insurance Group, Inc., a Tampa- based property and casualty insurance holding company and one of Florida’ s leading providers of residential property insurance, today announced that its Founder and Chief Executive Officer, Bob Ritchie, has been named PropertyCasualty360’ s 2026 Thought Leader of the Year in the Insurance Carriers category.

Federato Research: 91% of P&C Leaders Report Real-Time Portfolio Control, Only 27% of Underwriters Say the Same

July 21, 2026

Federato, the AI-native platform that changes the way insurance work gets done, today released its 2026 State of P&C Insurance Technology report, based on a survey of 750 P&C insurance professionals across carriers, managing general agents, and MGA aggregators. The report’s central finding: 91% of P&C leaders report real-time portfolio control, but only 27% of…

July 21, 2026
Image shows a couple preparing to vote.
More than six in 10 consumers (61%) in the Insurify study said they believe elections affect their insurance costs. (This image was created with AI)

High cost of home insurance may drive voter turnout for midterms

A majority of Americans say rising home insurance costs would make them more likely to vote in the midterm elections.

Secretary of State says insurance reforms are not political

July 20, 2026

–Illinois Secretary of State Alexi Giannoulias says he is offended by a state lawmaker’ s suggestion that Giannoulias championed auto insurance regulations for political reasons. Jeff Keicher, R- Sycamore, argued that Giannoulias championed the legislation to help further his own aspirations. The Center Square asked the secretary about Keicher’ s remarks.

Drivers Urged To Prevent Vehicle Theft, Review Insurance Coverage

July 20, 2026

JEFFERSON CITY- The Missouri Department of Commerce and Insurance is encouraging motorists to take steps to protect their vehicles from theft and make sure they understand what their auto insurance policies cover during Vehicle Theft Prevention Month. The department joined the National Highway Traffic Safety Administration's annual awareness…

U.S. News & World Report Announces Inaugural Winners of the 2026-2027 Home Insurance Awards

July 19, 2026

WASHINGTON, July 15, 2026/ PRNewswire/— U.S. News& World Report, the global authority in rankings and consumer advice, today recognizes the winners of the 2026-2027 Home Insurance Awards. "When choosing the right home insurance company to trust with their largest asset, homeowners should consider not only the cost of a policy but also the reliability of that…

What's Working: Where to find Colorado homeowners insurance discounts and grants

July 18, 2026

Quick links: Grants for fortified roofs update| Wildfire mitigation discounts| Insurance profits| Unemployment rate at 3.9%| Free solar-tech training| Colorado gets a D for business| Reader poll. Colorado often ranks among the top states in the nation for many odd and trivial things. But being No. 1 for the largest cumulative increase in home insurance premiums…

COLUMN: Military members, families: Check out these insurance tips

July 18, 2026

North Carolina prides itself on being among the most military-friendly states in the nation. The state has several large active-duty bases and provides significant support for military and veteran communities. Active-duty military members and their families will find themselves making decisions about insurance, meeting liability requirements and…

Homeowners of color pay higher insurance costs in WA, nationwide

July 17, 2026

Property owners in predominantly Black and Hispanic corners of the country pay higher home insurance premiums than those in mostly white areas, even when factoring for environmental risk, the Consumer Federation of America found in a report released this week. Washington had one of the country’ s worst gaps between white and Hispanic homeowners, a finding…

Loews Corp. (NYSE: L) Highlighted for Surprising Price Action

July 17, 2026

Loews Corporation (NYSE: L) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 1.86% on the day to $116.01. Loews Corporation functions as a diversified holding company, with significant business segments spanning insurance, energy infrastructure, hospitality, and manufacturing. Its insurance division delivers commercial property and […]

Charleston ranks 10th-riskiest US county to insure. Here’s how much it costs

July 17, 2026

For Midlands professionals and retirees who own beach houses in Charleston or investment properties along the South Atlantic coast, a new industry analysis quantifies what your renewal notices have already suggested: coverage in the Lowcountry is becoming one of the hardest bets in the U.S. insurance market. The county’ s average annual home insurance…

Travelers Reports Excellent Second Quarter and Year-to-Date Results

July 17, 2026

The Travelers Companies, Inc. today reported net income of $2.208 billion, or $10.26 per diluted share, for the quarter ended June 30, 2026, compared to $1.509 billion, or $6.53 per diluted share, in the prior year quarter. Core income in the current quarter was $2.160 billion, or $10.04 per diluted share, compared to $1.504 billion, or $6.51 per diluted share, in the…

Abbott, Hinojosa pitch dueling plans to address affordability

July 16, 2026

Greg Abbott outlined his plans to address home and car insurance costs during a Wednesday campaign stop in Houston. An outline of the plan shared by Abbott's campaign proposes a $400 million program in which homeowners can receive up to $10,000 for roofs that can withstand wind and hail damage. In Texas, most insurers cannot consider traffic violations when…

Next phase of Abbott's affordability plan is to reduce home, auto insurance costs

July 16, 2026

With Texas suffering from extreme weather events, including record flooding and hurricanes, home and auto insurance premiums have also risen. One aspect of his plan is for the legislature to establish a Texas roof fortification program and to amend state law to allow safe drivers to have access to lower auto premiums. "A more affordable Texas starts with…

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