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Property and Casualty News

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

Top Stories

October 6, 2026
Image shows the East Coast map
Lower hurricane activity may reduce catastrophe losses and improve insurer financial performance. (AI-generated image)

A record-quiet hurricane season: what it means for property insurance

For homeowners and their advisors, a quiet storm season provides an opportunity to review coverage, make adjustments.

October 5, 2026
Image shows a man pointing at his watch
According to an InvoiceCloud study, 75% of U.S. policyholders are likely to leave their property/casualty insurer over a poor claims experience. (AI-generated image)

Today’s consumers have ‘zero tolerance’ for slow claims payouts

In an age where instant gratification has become the norm, thanks to rapidly advancing technology, a new study has found that modern insurance consumers are far less willing to tolerate slow insurance payouts than previous generations were.

October 2, 2026
The four issues that drive commercial account retention (AI-generated image)

The 48-hour service rule driving commercial account retention

Four critical data signals show where commercial client loyalty lies.

More Stories

Proposed FEMA map could make some Howard residents get flood insurance

October 7, 2026

The Federal Emergency Management Agency is proposing changes to the Flood Insurance Rate Map in Howard County, which could mean some property owners will have to purchase flood insurance. Changes in the map stretch across the county, with residents who have a portion of their property in the new 100- year floodplain receiving a letter from Howard County.

Police investigating after explosion damages Tacoma business

October 7, 2026

The incident happened at about 6:09 p.m., according to a news release from Officer Shelbie Boyd, spokesperson for the Tacoma Police Department. Someone approached Bad Boys Bail Bonds in the 4800 block of Pacific Avenue while three employees were inside. Anyone with information about this incident is asked to contact the Tacoma Police Department.”.

State insurance commissioner candidates clash over how to fix the system

October 7, 2026

Two Democrats, Ben Allen and Jane Kim, are both running for California insurance commissioner, a job that has become especially high-profile since the Los Angeles area wildfires in January 2025 created a rift in the homeowners insurance system. The Southern California News Group asked the candidates vying to represent you several questions in order to help…

East Hartford woman charged with double-dipping from Medicaid caregiver programs

October 7, 2026

Carmen Rivera-Rivera, 52, was arrested last week by inspectors from the Medicaid Fraud Control Unit of the Office of the Chief State’ s Attorney and charged with health insurance fraud and first-degree larceny by defrauding a public community. On May 20, the fraud control unit received a complaint that Rivera-Rivera, an employee of the AFL program, had enrolled…

Peyton AI Launches Platform That Screens Medical Malpractice Cases in Minutes, Not Months

October 7, 2026

Peyton AI ® today launched an AI-powered triage platform for medical negligence claims, built to help law firms, malpractice insurers and hospital risk teams learn in minutes whether a case merits further investment, a call that typically takes months of record review and an initial expert report. In a validation study of more than 1,000 closed cases, the…

How to apply for flood-related disaster assistance

October 7, 2026

As announced last week, President Trump has approved Ohio's major disaster declaration for the storms and flooding that occurred Aug. 10– 23. U.S. Congressman Troy Balderson has shared the following information on how to apply for flood-related disaster assistance:. If you have homeowners, renters, or flood insurance, please file your insurance claim before…

Klebon Insurance Group welcomes Liam Klebon to the team

October 7, 2026

ELYSBURG— Klebon Insurance Group announced that Liam Klebon has joined the company. As part of his role with Klebon Insurance Group, Klebon is working toward obtaining his property and casualty insurance licenses through Erie Insurance. This training, according to Klebon Insurance Group, will help him further develop his knowledge of the insurance industry…

Advantage Investigations Strengthens Presence in the Northeast with NorStar Acquisition

October 7, 2026

CLEVELAND& DALLAS—- Align Capital Partners’ national insurance investigative services platform Advantage Investigations recently completed the acquisition of NorStar Investigations. The business primarily serves general liability insurance carriers, third-party administrators and law firms throughout New York, New Jersey and Pennsylvania.

Police investigating after explosion damages Tacoma business

October 6, 2026

The incident happened at about 6:09 p.m., according to a news release from Officer Shelbie Boyd, spokesperson for the Tacoma Police Department. Someone approached Bad Boys Bail Bonds in the 4800 block of Pacific Avenue while three employees were inside. Anyone with information about this incident is asked to contact the Tacoma Police Department.”.

Jim Beam column: Flood insurance too expensive

October 6, 2026

U.S. House Majority Leader Steve Scalise of Louisiana told a Baton Rouge columnist that Congress has done a number of good things that people know little about and some that have helped Louisiana. Louisiana would be a major benefactor of that reform because its coastal areas are susceptible to flooding. Dan Charlson of Lake Charles told The AP that his flood…

Extreme weather damage is leaving homeowners with long-term household debt

October 6, 2026

Hippo Holdings released its third annual 2026 Extreme Weather Report, revealing the lasting financial consequences of weather-related home damage.

October 6, 2026
Image shows the East Coast map
Lower hurricane activity may reduce catastrophe losses and improve insurer financial performance. (AI-generated image)

A record-quiet hurricane season: what it means for property insurance

For homeowners and their advisors, a quiet storm season provides an opportunity to review coverage, make adjustments.

Is travel insurance useless in a crisis? Read the fine print

October 6, 2026

Janice Lintz thought the travel insurance on her credit card covered her. But when she found herself stranded during civil unrest in Nepal, she discovered it didn't. "Today’ s world is more volatile; shifting geopolitics, extreme weather, cyber threats, and civil unrest are common," says Frank Harrison, regional security director for the Americas at World Travel…

State Farm raising Illinois homeowners insurance rates by 8%

October 5, 2026

It may not cause the sticker shock of last year’ s whopping increase, but State Farm is set to raise homeowners insurance rates in Illinois by another nearly 8% this fall, according to a recent filing with the state. Bloomington- based State Farm has about 1.49 million homeowners policy holders in Illinois, according to the filing. State Farm said the rate increase…

October 5, 2026
Image shows a man pointing at his watch
According to an InvoiceCloud study, 75% of U.S. policyholders are likely to leave their property/casualty insurer over a poor claims experience. (AI-generated image)

Today’s consumers have ‘zero tolerance’ for slow claims payouts

In an age where instant gratification has become the norm, thanks to rapidly advancing technology, a new study has found that modern insurance consumers are far less willing to tolerate slow insurance payouts than previous generations were.

WARREN, HAWLEY PRESS HOME AND AUTO INSURERS ON SURGE IN CLAIMS RESOLVED WITHOUT PAYMENT

October 5, 2026

The following information was released by the U.S. Senate Committee on Banking, Housing, and Urban Affairs:. Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, and Senator Josh Hawley wrote to executives of State Farm, Allstate, USAA, Farmers, Liberty Mutual, and American Family, raising serious concerns about…

wildfire-mitigation-insurance-savings

October 5, 2026

About 50 miles to the east, Phil Burton faced a similar problem in Pope Valley, northeast of the city of Napa and east of the main Napa Valley. Burton, a former assistant chief of the Pope Valley volunteer fire department, had been dropped by insurers more than once before turning to the FAIR Plan. His annual fire premium eventually topped $10,000 despite thousands…

TEXAS SENIORS GET PROPERTY TAX BREAK

October 5, 2026

As Texas Republicans vow on the campaign trail to once again wage war on the state's property taxes, among the highest in the nation, a clear victor has already emerged: older homeowners. In the wake of additional cuts the Legislature passed last year, some 60% of Texas homeowners age 65 and up no longer pay school property taxes, the largest portion of property…

Texas seniors are getting a huge property tax break

October 5, 2026

As Texas Republicans vow on the campaign trail to once again wage war on the state's property taxes, among the highest in the nation, a clear victor has already emerged: older homeowners. In the wake of additional cuts the Legislature passed last year, some 60% of Texas homeowners age 65 and up no longer pay school property taxes, the largest portion of property…

Business People: Dana McNabb promoted to CEO at General Mills

October 4, 2026

General Mills, Golden Valley, announced the election of Chief Operating Officer Dana McNabb to succeed Jeff Harmening as chief executive officer, effective Jan. 1. Brennan has held executive positions with Transamerica, Ascensus, Definiti and TIFIN@ Work.… Minnesota Lawyers Mutual Insurance Co., a Minneapolis- based provider of lawyers’ professional liability…

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