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Property and Casualty News

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

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August 11, 2026
Image shows the words, "New Rules"
The California Supreme Court recently ruled that policyholders can seek declaratory relief from their excess insurers. (AI-generated image)

Are your clients ready for California’s new insurance rules?

Policyholders do not have to exhaust all underlying coverage before they pursue claims against excess insurers, a California court ruled.

August 5, 2026
Image shows the words, "Home Insurance Crisis"
One progressive group is promoting a federally run property insurance system. (AI-generated image)

Home insurance is in crisis: Could a federal solution be the answer?

A progressive group says a federal single-payer model is the best way to deal with future property insurance costs. Critics disagree.

August 4, 2026
Image shows the AGI logo
American Growth Insurance (AGI) recently announced its launch as an AI-enabled insurance brokerage. (AI-generated image)

How AGI’s new AI-driven platform changes the game for advisors

American Growth Insurance (AGI) recently announced its launch as an AI-enabled insurance brokerage growth platform.

More Stories

U.S. News & World Report Announces Winners of the 2026-2027 Pet Insurance Awards

3 hours ago

WASHINGTON, Aug. 13, 2026/ PRNewswire/— U.S. News& World Report, the global authority in rankings and consumer advice, today recognizes the winners of the 2026-2027 Pet Insurance Awards. "Choosing the right insurance coverage provides peace of mind to pet owners that they won't have to choose between their pet and their wallet when an unexpected accident or illness…

Newsom makes last-minute push to help California utilities facing wildfire bills

3 hours ago

In the final few weeks of his last legislative session as California governor, Gavin Newsom is asking lawmakers to help reduce how much profit-making utility companies must pay out after wildfires. His administration has for weeks floated to lawmakers a wide-ranging but still-vague package of bills to address the spiraling costs of wildfires that has made…

AM Best Upgrades Credit Ratings of California Casualty Group Members

4 hours ago

AM Best has upgraded the Financial Strength Rating to B+ from B and the Long-Term Issuer Credit Ratings to“ bbb-” from“ bb+” of The California Casualty Indemnity Exchange and its wholly owned subsidiaries: California Casualty General Insurance Company of Oregon, California Casualty& Fire Insurance Company and California Casualty Insurance Company.

NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES ANNOUNCES $15.5 MILLION MULTI-STATE SETTLEMENT WITH MORTGAGE SERVICER

10 hours ago

The New York State Department of Financial Services today announced that it joined state financial agencies in 46 states in securing a $15.5 million settlement with one of the nation's largest mortgage servicers for imposing "force-placed" insurance costs on borrowers who already had active homeowners insurance policies. NewRez LLC has returned…

NEW JERSEY JOINS $15.5 MILLION SETTLEMENT WITH MORTGAGE SERVICER

10 hours ago

New Jersey and 46 state financial agencies in 46 states have reached a $15.5 million settlement with one of the nation's largest mortgage servicers for improperly imposing "force-placed" insurance costs on borrowers who already had active homeowners insurance policies. Under the terms of the settlement, Fort Washington, Penn., based NewRez LLC, will pay a…

ARKANSAS JOINS $15.5 MILLION SETTLEMENT WITH MORTGAGE SERVICER

10 hours ago

LITTLE ROCK, Ark. Arkansas and 48 state financial agencies have reached a $15.5 million settlement with one of the nation's largest mortgage servicers for improperly imposing "force-placed" insurance costs on borrowers who already had active homeowners' insurance policies. Under the terms of the settlement, Fort Washington, Penn., based NewRez LLC, will pay a…

REDUCING RISK TODAY WILL FIX CALIFORNIA'S INSURANCE CRISIS FOR FUTURE GENERATIONS

10 hours ago

The following information was released by the Environmental Defense Fund:. California's homeowner's insurance market has come under significant strain as growing wildfire risk drives more frequent and costly insurance claims. The impacts of rising wildfire risk have led insurers to raise premiums, limit coverage, and withdraw from high-risk areas,…

MORRISON LAW ENSURES DRIVERS CAN INVOKE APPRAISAL ON DAMAGED VEHICLES

10 hours ago

The following information was released by the Illinois Senate Democrats:. A new law led by State Senator Julie Morrison will provide insured drivers a way to resolve disputes with their insurers about repair costs or total loss valuations without involving the court system. The new law requires all automobile insurance policies in Illinois that include…

Studies from Texas Technical University Provide New Data on Politics and Government (Modeling Nfip-insured Housing Losses From Texas and Florida Flood Disasters: a Comparative Analysis of Hurricane Harvey, the 2016 Tax Day Flood, and Hurricane …): Politics and Government

August 12, 2026

2026 AUG 12– By a News Reporter-Staff News Editor at Politics, Law& Government Daily– Fresh data on Politics and Government are presented in a new report. We evaluate tract-level National Flood Insurance Program- insured housing losses across 6065 census tracts affected by the 2016 Tax Day Flood, Hurricane Harvey, and Hurricane Irma.”. Our news journalists…

ONE MAN’S OPINION: Remember customer service?

August 12, 2026

My last three cars have each been a Kia Sportage, all three purchased at Bulldog Kia in Athens, from the same salesmen. The service at that dealership started to decline rapidly, and I moved to Heyward Allen Toyota, also in Athens, and from every indication, I will be there to stay. As a broke young TV reporter in Macon in 1984, I had over-bought myself a new sports car.

Hon. Lewis J. Lubell (Ret.) Joins NAM’s Esteemed Panel of Neutrals

August 12, 2026

Judge Lubell brings over two decades of distinguished judicial experience to NAM, having presided over complex civil, matrimonial, medical malpractice, commercial, construction, insurance, mass tort, toxic tort, product liability, and personal injury matters throughout New York’s 9th Judicial District. Elected to the Supreme Court in 2005 and seated in…

Common Gaps in Homeowners Insurance That Could Cost You

August 12, 2026

Many homeowners assume their insurance policy provides complete protection, only to discover coverage gaps after filing a claim. As life changes and property values evolve, it's important to make sure your homeowners insurance keeps pace. Brennan& Stuart Insurance Agency encourages homeowners to review their policies annually to help identify potential…

Lawsuits filed: July 26-Aug. 1, 2026

August 11, 2026

Cases that end in an "A" were filed in the 188th District Court; "B" in the 124th District Court; and "Ccl2" in the County Court at Law 2:. 2026-1179- B, Alexis Wallin vs Francis Tibletti MD, Charles Newlin MD, Associated Clinicians of East Texas PLLC d/b/a Diagnostic Clinic of Longview, Malpractice-Medical. 2026-1167- A, State Farm Mutual Automobile Insurance Company vs…

Gunderson cites state leadership failures for rogue bail bondsmen's actions

August 11, 2026

I don't take any pleasure in writing this column. This week, the Montana Commissioner of Securities and Insurance suspended the bail bond license of Laine Callahan of Kalispell, accusing him of using the financial leverage of unpaid bond debt to coerce a female defendant into performing sex acts, and of running an unlicensed recruiting operation inside the…

Texas Insurers Made Bank. Houston Homeowners Still Pay More

August 11, 2026

Texas home insurers had their most profitable year in decades, but Houston homeowners are still opening renewal notices with sticker shock. Houston homeowners don't need a white paper to know insurance got brutal. So the latest statewide numbers land with a thud: Texas home insurers reportedly made a 22% profit on premiums last year, their best showing in two…

Nearly 1/2 of Gen Z drivers drove or owned an uninsured vehicle

August 11, 2026

Nearly one-third of Generation Z drivers (30%) self-disclosed having owned or driven an uninsured vehicle over the past six months, making them the most likely generation to own or drive a vehicle without coverage, according to new research from TransUnion.

Porch Group Announces Attendance at Upcoming Investor Events

August 11, 2026

Porch Group, Inc., a new kind of homeowners insurance company, today announced its upcoming investor event attendance. Porch Management will be attending and participating in one-on-one and group investor meetings at these upcoming events:. August 12, 2026: 29 th Annual Technology, Internet& Communications Conference August 13, 2026: 8 th Annual Needham…

Insurance industry makes millions each day claims go unpaid, analysis shows

August 11, 2026

A new analysis shows that delaying home insurance claims for just a day or a week can add millions of dollars in profit collectively for the insurance industry.For each day of delays on home insurance claims, the industry takes in an extra $8.8 million in interest and investment income, according to an analysis by the independent financial institution rating…

MetLife Pet Insurance and America’s VetDogs Partner to Help Co-Raise Future Service Dog for Veteran or First Responder with Disabilities

August 11, 2026

MetLife Pet Insurance today announced a partnership with America’s VetDogs, a national nonprofit that provides service dogs to veterans, first responders and active-duty service members at no cost, to sponsor the dogs’ training and development so that it will one day support a veteran or first responder living with a disability. Charlie, a three-month-old…

August 11, 2026
Image shows the words, "New Rules"
The California Supreme Court recently ruled that policyholders can seek declaratory relief from their excess insurers. (AI-generated image)

Are your clients ready for California’s new insurance rules?

Policyholders do not have to exhaust all underlying coverage before they pursue claims against excess insurers, a California court ruled.

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