Property and Casualty News

TALLAHASSEE Insured losses in Florida from Hurricane Isaias so far approach $582 million as claims start to roll in from the Oct. 9 storm, according to the Office of Insurance Regulation. More than 26,000 claims have been filed in Santa Rosa County, nearly 17,000 in Escambia County, about 5,200 in Okaloosa County, more than 2,000 in Walton County and almost 2,000…

Porch Group, Inc., a new kind of homeowners insurance company, today reported third quarter results through September 30, 2026, that exceeded our expectations. “With that organic foundation firmly in place, we are excited to further accelerate our growth through the pending acquisition of Allied Trust. Allied Trust is expected to strengthen an already…

J.D. Power found that total losses account for 26% of auto insurance claims, with a quarter of borrowers receiving payouts below their outstanding loan balances.

An annoying, persistent myth of climate discourse is the idea that trying to stop the planet from becoming a charred hellscape is antithetical to the affordability of life's basic needs. In fact, in two-thirds of U.S. counties, home-insurance premiums now cost more than property taxes, according to new research from Bloomberg Intelligence analyst Andrew John…

If adopted, Lara's proposed rule would put California alongside Hawaii, Massachusetts, and Michigan in prohibiting insurers from using marital status as an auto insurance rating factor. California has allowed insurers to use this factor since 1996.. Rosenfield argues that in California, this practice also conflicts with Proposition 103, a law he wrote in…

Save Money Car Insurance helps Oklahoma drivers find affordable auto insurance coverage. “We needed a partner who could move fast,” said Drew LeHew, Director of Operations at Save Money Car Insurance.“ Way had us live on Way Advantage in a day. Save Money Car Insurance serves Oklahoma drivers from locations in Tulsa and Oklahoma City.

Legal Advertisement IN THE JACKSON SUPERIOR COURT STATE OF INDIANA PENNY TURNER Plaintiff v. CASE NO. 36 D01-2503-CT-000012 AMERICO GARCIA JIMENEZ and STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY and ALLSTATE PROPERTY AND CASUALTY INSURANCE COMPANY Defendants ALIAS SUMMONS THE STATE OF INDIANA TO: Americo Garcia Jimenez ADDRESS UNKNOWN You have been…

In Texas, drivers are required to carry liability insurance, but the state's minimum coverage requirements haven't increased since 2011, even as medical expenses and other accident-related costs continue to rise. Under Texas law, drivers must carry minimum liability coverage of $30,000 for injuries to one person, $60,000 for injuries per accident and…

Florida has sued a company that issues climate change assessments of property risks including flooding that the state alleges are deceptive, deviate from the federal flood insurance assessments, and are depressing home sales. First Street Technology Inc., the complaint filed Friday alleges, posts "alarmist" risk data and "is marketing fear to advance a…

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of The West of England Ship Owners Mutual Insurance Association. West’ s balance sheet strength assessment is underpinned by risk-adjusted capitalisation at the strongest level at year-end February 2026, as measured by Best’ s Capital Adequacy Ratio.

New York Road Runners and GEICO announced a partnership making GEICO the official insurance partner of the TCS New York City Marathon, uniting two organizations focused on serving runners, fans and communities across New York City. New York Road Runners and GEICO announced a partnership making GEICO the official insurance partner of the TCS New York City…

In Texas, drivers are required to carry liability insurance, but the state's minimum coverage requirements haven't increased since 2011, even as medical expenses and other accident-related costs continue to rise. Under Texas law, drivers must carry minimum liability coverage of $30,000 for injuries to one person, $60,000 for injuries per accident and…

Great American Insurance Group is pleased to announce the promotions of Jason M. Cohen and Aaron B. Latto to Executive Vice President and Shawn V. Los to Senior Vice President. Mr. Cohen joined the company in 2006 as Divisional Vice President within Corporate Claims. Mr. Cohen graduated from Harvard University with a bachelor’ s degree in history and earned a Juris…

How satisfied are auto insurance customers in that moment of truth when they need to file a claim? According to the JD Power 2026 U.S. “A complex mix of trends are conspiring to make this an incredibly challenging market environment for managing auto insurance claims customer satisfaction,” said Mark Garrett, director of global insurance intelligence at JD…

Two people are running to serve as District 48' s next senator in the Nebraska Legislature, representing Kimball, Banner and Scotts Bluff counties. From property taxes to government accountability, Incumbent Brian Hardin, of Gering, and Jessica Landers, of Scottsbluff, explained their positions in responses to our candidate survey issued in May.

The Hartford today announced financial results for the third quarter ended Sept. 30, 2026. "The Hartford delivered another quarter of strong results in an increasingly competitive market," said The Hartford’s Chairman and CEO Christopher Swift. The Hartford’s Chief Financial Officer Beth Costello said, " Business Insurance delivered a solid quarter, with 6…

Insurity, a leading provider of cloud-based software and analytics for the property and casualty insurance industry, announced that EMC Insurance has received the Excellence in Operational Efficiency award at the 2026 Excellence in AI& Insurance conference. EMC Insurance earned this recognition for its work to modernize premium audit operations with…

TALLAHASSEE, Fla. — Florida Insurance Commissioner Mike Yaworsky has approved several personal auto insurance rate decreases for the USAA Group,…

PHOENIX& BOSTON—- CopperPoint Insurance Company and General Indemnity Group today announced the successful completion of CopperPoint’ s acquisition of GIG from Boston Omaha Corporation, creating an expanded specialty insurance and surety platform serving customers and distribution partners nationwide. CopperPoint is a leading Arizona- based…

BOSTON& PARIS—- Berkshire Hathaway Specialty Insurance today announced that it has promoted Virginie Pelletier to Head of Executive& Professional Liability in France. “Virginie brings deep expertise, strong relationships with customers and brokers, and a highly collaborative approach to this leadership role,” said Louis Du Ché, Country Manager, France, BHSI.“…