Property and Casualty News

GEICO today celebrated the official opening of its new Tampa campus with a ribbon-cutting ceremony at Corporate Oaks Business Park. GEICO celebrated the official opening of its new Tampa campus, with plans to add a total of 1,500 new jobs. The insurer now has approximately 4,400 employees in Florida, including locations in Tampa, Lakeland and Jacksonville, as…

Kathy Hochul and Democratic legislative leaders have agreed to a tentative $268 billion budget that includes money to bail out New York City, an overhaul of the state's auto insurance industry, and restrictions on police cooperation with ICE, despite threats of a federal crackdown. New York City will receive another $1.5 billion in state aid under the…

The Baldwin Group, a leading independent insurance brokerage and advisory firm, today released its Q1 2026 Market Pulse Report, documenting the sharpest divergence between property and casualty pricing trends since the report was launched in Q4 2024.. Commercial property deepened to its steepest negative reading on record while key casualty lines…

Neptune Flood, the largest private flood insurance provider in the United States, today announced that it has surpassed 300,000 policies in force and $400 million in premium in force. This milestone marks a significant step forward in expanding the reach of private flood insurance and strengthening the resilience of communities across the country.

Exzeo Group Inc., a modern insurance operating platform for property& casualty carriers, today announced the launch of WindForm Pro, a purpose-built solution that leverages internally developed AI tools and is designed to help Florida insurers meet the latest wind mitigation inspection requirements issued by the Florida Office of Insurance Regulation….

Ahead of the June primary election, the Southern California News Group compiled a list of questions to pose to the candidates who wish to represent you. Other political positions held: Santa Clara County Central Committee for the Republican Party. I "m running again because just as in 2022, California" s insurance system is failing the people it "s supposed to…

Two California home insurance providers, Travelers Insurance and the the Interinsurance Exchange of the Automobile Club, are seeking to hike rates 7% and 11%, respectively, under a new catastrophic modeling plan adopted by the state in 2025.. With 32,756 California policyholders of its total 195,413 policyholders in distressed areas, Traveler’ s plans to…

Pressured in part by rising claims severity and social inflation, the U.S. medical professional liability segment reported another year of increased underwriting losses as direct premium growth slowed, according to a new AM Best report. “The premium growth in 2025 was generally below expectations, reflecting competitive forces impacting carriers pushing…

COLUMBIA— South Carolinians' cost for replacing cracked or broken windshields could change with legislation advancing in the Statehouse. As long as they have comprehensive coverage, South Carolina drivers don't pay out of pocket for windshield replacements. Still, there is no "free" glass coverage in South Carolina.

Administrative issues in Washington are threatening better flood insurance premium discounts for Lake County property owners, and the county commission is asking its federal legislators for help. Administration of the National Flood Insurance Program's Community Rating System, or CRS, has been paused, just as Lake County is set to receive a rating upgrade…

Ahead of the June primary election, the Southern California News Group compiled a list of questions to pose to the candidates who wish to represent you. City where you reside: Irvine. California is in the middle of an insurance crisis, and no one in this race is more qualified to fix it than I am.

Ahead of the June primary election, the Southern California News Group compiled a list of questions to pose to the candidates who wish to represent you. Other political positions held: State Senate, State Assembly, Gardena City Council. City where you reside: Gardena.

Ahead of the June primary election, the Southern California News Group compiled a list of questions to pose to the candidates who wish to represent you. Other political positions held: Fire Safe Council for San Luis Obispo County. City where you reside: Grover Beach.

Ahead of the June primary election, the Southern California News Group compiled a list of questions to pose to the candidates who wish to represent you. City where you reside: San Francisco. I am running to make insurance in California fair, efficient and transparent.

Ahead of the June primary election, the Southern California News Group compiled a list of questions to pose to the candidates who wish to represent you. Other political positions held: Member of the San Francisco Board of Education, San Francisco Supervisor. City where you reside: San Francisco.

Ahead of the June primary election, the Southern California News Group compiled a list of questions to pose to the candidates who wish to represent you. You can find the full questionnaire below. City where you reside: Sacramento.

Ahead of the June primary election, the Southern California News Group compiled a list of questions to pose to the candidates who wish to represent you. You can find the full questionnaire below. Santa Monica-Malibu Board of Education, 2008-2014.

Ahead of the June primary election, the Southern California News Group compiled a list of questions to pose to the candidates who wish to represent you. You can find the full questionnaire below. City where you reside: Alhambra.

Ahead of the June primary election, the Southern California News Group compiled a list of questions to pose to the candidates who wish to represent you. City where you reside: Pacific Palisades, ahead of the fire; now, Westwood, Los Angeles. I’ m a Pacific Palisades fire survivor, father of two amazing sons, and a former senior lawyer with Amazon and Disney with over 30…

Ahead of the June primary election, the Southern California News Group compiled a list of questions to pose to the candidates who wish to represent you. You can find the full questionnaire below. Questionnaires may have been edited for spelling, grammar, length and, in some instances, to remove hate speech and offensive language.