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Property and Casualty News

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The latest news, regulation and trends in property & casualty insurance.

Top Stories

March 6, 2026

How gamification helps insurers engage and educate younger homeowners

How can we make insurance feel less like a chore and more like a conversation?

March 5, 2026
Image shows the Strait of Hormuz and a ship wheel
The availability of maritime insurance is having a big impact gas prices.

Morningstar: US oil tanker insurance plan won’t lower gas prices

The U.S. International Development Finance Corp. will begin offering “political risk insurance” at “reasonable prices” to commercial tankers. Will it free up oil traffic?

March 4, 2026

How technology is changing personal injury auto claims

The auto insurance claims operation in 2026 looks almost nothing like it did five years ago.

More Stories

Best’s Special Report: Catastrophe Bond Market Growth Accelerates, As Loss Multipliers Compress

12 hours ago

A new estimate prepared jointly by AM Best and Guy Carpenter projects that the ILS market reached USD 120 billion at year-end 2025, which was up from USD 107 billion at year-end 2024, according to the report. The 144 A property catastrophe bond market reached USD 57 billion outstanding as of year-end 2025; the year-over-year increase from 2024 is nearly USD 12…

Visitor Guard® Rolls Out 2026 FIFA World Cup Travel Insurance for Fans Visiting the USA, Canada, and Mexico

13 hours ago

Visitor Guard ® has introduced specialized 2026 FIFA World Cup visitor insurance plans for fans traveling to the United States, Canada, and Mexico. GLEN ALLEN, Va., March 9, 2026/ PRNewswire-PRWeb/– Visitor Guard ®, a leading provider of travel insurance solutions for international visitors, announces visitor insurance plans tailored specifically for fans…

Medical malpractice success a win, but more needed

March 8, 2026

The passage of medical malpractice reform is the most important public policy success in New Mexico in more than a decade. In addition to the medical malpractice bill, the Legislature entered New Mexico into the national doctor compact and enacted a $10,000 tax credit for physicians. It is cause for celebration, but please don't misunderstand, New Mexico still…

Going Places: Global Insecurity Heightens Need for Emergency Plan, Travel Insurance

March 8, 2026

Some 500,000 to 1 million U.S. nationals were living in or visiting the Middle East when the US and Israel launched its attack on Iran on February 28 without warning and without preparation or planning for getting civilians out of harm's way. Travelers in a dozen countries were impacted: Israel, Bahrain, Cyprus, Iraq, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia,…

New Mexico governor signs major medical malpractice bill into law

March 7, 2026

A medical malpractice reform that was years in the making is now the law of the land in New Mexico. “This, in fact, was a health care session,” Lujan Grisham said during the bill-signing ceremony.“ Congratulations to New Mexico, has all of the components to make this the best place to access, receive and provide care in America.”. Supporters of the bill have said the caps on…

2 attorneys are in a runoff to represent New Orleans East in the state House

March 7, 2026

New Orleans East voters are headed back to the polls this month to settle a race between two attorneys hoping to represent the city's interests in the Legislature. Political newcomers Dana Henry, 52, and Kenya Rounds, 51, are in a runoff to fill the District 100 seat after neither got more than 50% of the vote in the February primary election.

State insurance commissioner is focusing insurance discounts for fortified roofs

March 7, 2026

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. In an earlier interview with the LSU Manship School News Service, Temple had said the department would ask companies to "begin the discounts between…

Governor signs medical malpractice bill, predicts it will deliver quick results

March 7, 2026

"I can't control insurance companies even with that body of law, but we can certainly use the pressure of the hospitals and the independent practices being in line with national medical malpractice laws," Lujan Grisham said, before adding: "We expect to see those come down this year." The medical malpractice bill was one of Lujan Grisham's top legislative wins of…

Home insurance rates rising in La Plata County amid growing wildfire risk

March 6, 2026

Bob Wolff thought he did everything right when mitigating the fire danger around his home at Animas Air Park ahead of what officials expect could be an active wildfire season. Insurance rates have more than doubled in Colorado since 2018, according to Colorado State University's Regional Economic Development Institute. The report found that La Plata…

Bill would increase cap on medical malpractice awards from $2.7M to $6M

March 6, 2026

The rewrite would increase the cap on medical malpractice awards from the current $2.7 million to $6 million, beginning next year. Bill would ease pressure on Virginia's overcrowded mental hospitals. Mark Obenshain, R- Rockingham, who sponsored the original measure, Senate Bill 536, as he urged the House Courts of Justice Committee to approve the rewrite.

Judge must review documents in insurance dispute before releasing them

March 6, 2026

The decision reversed a First District Court of Appeals order directing Farmers Property Casualty Insurance to hand over the materials to Melissa and Alexis Eddy without such review. In addition, Justice DeWine stated that under the Ohio Rules of Civil Procedure, the trial judge must also inspect the documents that attorneys created when a lawsuit was…

March 6, 2026

How gamification helps insurers engage and educate younger homeowners

How can we make insurance feel less like a chore and more like a conversation?

Bill would increase cap on awards Bill would increase cap on medical malpractice awards from $2.7M to $6M

March 6, 2026

RICHMOND- A sweeping, last-minute rewrite of a limited bill about interest payments on medical malpractice lawsuits would more than double a current cap that often leaves victims with millions of dollars less than their lifetime of care will require. The rewrite would increase the cap on medical malpractice awards from the current $2.7 million to $6 million,…

South Carolina House advances earthquake insurance bill. Here's what it includes

March 5, 2026

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…

State insurance commissioner wants insurance discounts for fortified roofs

March 5, 2026

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…

What do people use pet insurance for? In 2025, it wasn’t only emergency visits

March 5, 2026

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 Affirms Credit Ratings of Cincinnati Financial Corporation and Subsidiaries

March 5, 2026

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 Expands AI Hub Platform with Specialty Insurance Provider, Reinforcing AI-Native Strategy for the Insurance Industry

March 5, 2026

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…

March 5, 2026
Image shows the Strait of Hormuz and a ship wheel
The availability of maritime insurance is having a big impact gas prices.

Morningstar: US oil tanker insurance plan won’t lower gas prices

The U.S. International Development Finance Corp. will begin offering “political risk insurance” at “reasonable prices” to commercial tankers. Will it free up oil traffic?

Reports Summarize Insurance Findings from Zhongnan University of Economics & Law (Does Directors’ and Officers’ Liability Insurance Enhance Corporate Tax Compliance? Evidence From Chinese A-share Listed Companies): Insurance

March 4, 2026

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…

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