Property and Casualty News

The House of Representatives has passed a bipartisan bill to provide protection for insurers against acts of terrorism. "This legislation would reauthorize TRIA, the program established by Congress in the aftermath of the September 11, 2001, terrorist attacks, through 2034," Flood said. Rep. French Hill, who is chairman of the House Financial Services…

Insurity, one of the largest software providers to the property and casualty insurance industry, today announced the appointment of Jatin Atre as Chief Executive Officer. Atre succeeds Jeff Clarke, who will continue with Insurity as Executive Chairman. Jatin Atre has been appointed Chief Executive Officer of Insurity.

The House of Representatives has passed a bipartisan bill to provide protection for insurers against acts of terrorism. “This legislation would reauthorize TRIA, the program established by Congress in the aftermath of the September 11, 2001, terrorist attacks, through 2034,” Flood said.“ We are so fortunate that we have never seen a TRIA claim in the program's…

EPIC Insurance Brokers& Consultants, a national insurance brokerage and consulting firm providing specialized services across select industries and client sectors, today announced the appointment of Monica Donatelli as National Surety Practice Development Leader. In this role, Donatelli will develop practice strategy, client service delivery and the…

Three quarters of Midwestern homeowners are concerned about rising home insurance premiums and 86% of homeowners surveyed in a poll released Thursday by Climate Power and the Insurance Fairness Project say elected officials should do more to reduce the cost. The poll surveyed Iowa, Nebraska and Kansas homeowners and found they largely supported policy…

The U.S. International Development Finance Corporation today signed a cooperation agreement with the Multilateral Investment Guarantee Agency, the home of the World Bank Group Guarantee Platform, to establish a political risk insurance framework for the United States-Ukraine Reconstruction Investment Fund. This framework is intended to catalyze and…

New World screwworm hasn't plagued American domestic animals in nearly 60 years. But since June 3, federal authorities have confirmed at least 20 cases in Texas and New Mexico. "Standard accident and illness pet insurance policies usually cover treatment for parasitic infestations," said Julia Taliesin, a licensed insurance agent and economic analyst for…

After years of relentless increases, auto insurance policyholders have been enjoying a relative break in the recent cycle. Average full-coverage premiums fell roughly 6% in 2025, according to Insurify analyses, marking the first meaningful decline after rates surged an average of 46% nationwide between 2022 and 2024.. "While auto insurance rates have not…

A bill to help homeowners keep their insurance by requiring greater disclosure of reasons for nonrenewal and instructions for how to keep coverage when possible passed the Assembly Insurance Committee today.

One day after the state Supreme Court said he couldn't piggyback on someone else's lawsuit against an insurance company, Oklahoma Attorney General Gentner Drummond filed his own lawsuit Wednesday against State Farm Fire and Casualty Co. to enforce state racketeering law. Filed in Cleveland County District Court, the 21- page petition alleges State Farm…

One day after the state Supreme Court said he couldn't piggyback on someone else's lawsuit against an insurance company, Oklahoma Attorney General Gentner Drummond filed his own lawsuit Wednesday against State Farm Fire and Casualty Co. to enforce state racketeering law. Filed in Cleveland County District Court, the 21- page petition alleges State Farm…

OKLAHOMA CITY– Oklahoma Attorney General Gentner Drummond on Wednesday filed a new lawsuit against State Farm Fire and Casualty Company, alleging the insurer is engaging in a scheme to deny and underpay hail and wind damage claims by Oklahoma homeowners. According to Drummond's office, State Farm is alleged to have engaged in a pattern of deceptive and…

First American Financial Corporation, a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today published a new white paper examining the essential role title insurance plays in protecting the integrity of the U.S. property rights system and maintaining the…

South Carolina is a beautiful state to live in, but it’ s also one of the most expensive states for home insurance in the U.S., and a recent report warns that it’ ll get even costlier in the coming years due to increasing climate risk. Coalition for an Insurable Future, an advocacy group, and Mandala Partners, a public policy consulting firm, worked together to create a…

The following information was released by the Texas Department of Insurance:. The Texas Department of Insurance has created resources to give Texans access to data the agency collects about home insurance claims and premiums and home and auto rate filings. The Texas homeowners losses by county page shows the loss types and dollar amounts that companies paid…

W. R. Berkley Corporation will release its second quarter 2026 earnings after the market closes on Monday, July 20, 2026. Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance…

The following information was released by the Michigan State Government:. Summer travel season has arrived, and the Michigan Department of Insurance and Financial Services is providing insurance tips to help Michiganders prepare as they hit the road or travel abroad throughout the warm-weather season. "Summertime is great for getting out on the road and…

MetLife Pet Insurance is introducing a new Memorial Tree Program to help honor that bond, alongside grief counseling services that support pet parents through end-of-life decisions and the months that follow. MetLife Pet Insurance research underscores the depth of that bond: 95% of Americans consider their pet to be family, and 50% say they have grieved a pet’…