The latest news, regulation and trends in property & casualty insurance.
Financial advisors typically don’t hear about a client’s homeowners insurance unless a renewal increases the cost.
AM Best has changed its outlook for Nationwide’s property and casualty business to positive from stable. The rating agency also…
From coastal erosion on the Pacific Coast to flooding rains in the South, we have already had a small taste of what El Niño could bring.
Financial advisors typically don’t hear about a client’s homeowners insurance unless a renewal increases the cost.
AM Best is maintaining its market segment outlook for the delegated underwriting authority enterprise segment at stable, citing an anticipated moderation in premium growth amid more disciplined expansion efforts. The DUAE market posted its fifth consecutive year of double-digit premium growth, outpacing the broader U.S. property-casualty industry.
Gov.-elect Xavier Becerra plans to pursue a freeze on utility bills and home insurance premiums, according to a spokesperson for the campaign. As the Democrat’ s campaign surged in April, PG&E directed more than $13 million to an independent committee designed to undercut his top Democratic rival, Tom Steyer. Becerra reiterated a version of the policy as…
Canopius Group, a leading international specialty and P&C insurer, today announces that Samsung Fire& Marine Insurance has entered into an agreement to acquire the remaining 60% stake in Canopius, alongside funds managed by global investment firm KKR, and Korea Investment Corporation. The outstanding shares are being acquired from Canopius’ other existing…
AM Best has changed its outlook for Nationwide’s property and casualty business to positive from stable. The rating agency also…
From coastal erosion on the Pacific Coast to flooding rains in the South, we have already had a small taste of what El Niño could bring.
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…
Mercantil Seguros is a Panama- based insurer established in 2013, with insurance services revenue mainly composed of health, which represents 89% of its portfolio, with the remaining risk distributed among property/casualty lines of business. The company, which is part of Mercantil Group’ s international companies and controlled by its ultimate parent,…
South Carolina drivers can’ t control the cost of vehicle repairs or the number of claims insurers expect to pay. In a 2025 analysis using 2022 data, the Insurance Research Council ranked South Carolina sixth among states where auto insurance was the least affordable relative to household income. Insurance Research Council research points to factors that can…
2026 NOV 05– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– CopperPoint Insurance Company and General Indemnity Group 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…
Fairfield Glade Fire Department has earned an improved insurance rating of Class 4 following its recent inspection. Some insurance companies use Insurance Services Office— commonly referred to as ISO— fire protection ratings when assessing risk and setting property and homeowners insurance premiums. "We especially thank Fire Chief Kirk McLaughlin and…
News flash: The median price drivers now pay for annual car insurance coverage is $2,079. With grocery, utility, gasoline, and other costs rising and consumers seeking to save dollars wherever they can, it's not surprising that many policyholders are opting to lower their insurance coverage levels. For some, reducing coverage is the right call.
2026 NOV 04– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– New research on Insurance is the subject of a report. In New York Times Co. v. The news correspondents obtained a quote from the research from the University of Virginia,“ The Court’ s purpose was to create‘ breathing space’ for valuable speech by precluding liability for some speech that…
News flash: The median price drivers now pay for annual car insurance coverage is $2,079. With grocery, utility, gasoline, and other costs rising and consumers seeking to save dollars wherever they can, it's not surprising that many policyholders are opting to lower their insurance coverage levels. For some, reducing coverage is the right call.
Exzeo Group, Inc. today announced financial results for the third quarter ended September 30, 2026. Adjusted EBITDA Margin 3 was 51% compared with 55% in the prior-year period, as Exzeo continued to invest in strategic initiatives to support long-term growth, including expanding its workforce and enhancing operational infrastructure. Cash, cash…
Citrus County appears to have done the right thing after discovering that sensitive personal information belonging to about 1,300 county employees and family members had accidentally been released. Those were appropriate steps, and County Administrator Steve Howard was right not to wait for the next County Commission meeting before acting.
The California Department of Insurance is highlighting new data showing the steepest decline in FAIR Plan growth in four years— a key sign that reforms are expanding traditional market options for homeowners and reducing reliance on the state's insurer of last resort. Deputy Commissioner for Rate Regulation Ken Allen and Deputy Commissioner for…
Jane Kim, a populist candidate running for insurance commissioner who wants to cap executive pay in the industry, narrowly led the vote count Tuesday over her Democratic opponent Ben Allen, after a months-long campaign saw the candidates clash on potential ways to reduce homeowners "insurance premiums. The election became a bit of a high-profile contest in…
ReverseReach enables mortgage professionals to identify potential reverse mortgage transactions without specialized reverse mortgage knowledge, creating new opportunities from existing borrower relationships with a combination of technology and an exclusive live help desk staffed by a full-time underwriter.
Horace Mann Educators Corporation, the largest multiline financial services company focused on helping America’ s educators and a core small- to mid-cap growth and value equity in the Financials sector, today reported financial results for the three and nine months ended September 30, 2026:. Diversified business delivered third-quarter net income of $58.5…
