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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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Best’s Market Segment Report: Specialty Legal Professional Liability Insurers Continue to Grow, Despite Varied Performance

June 11, 2026

Insurers specializing in the legal professional liability sector have experienced considerable growth in policyholders’ surplus over the past five years, but premium levels have remained relatively stagnant during that timeframe, according to a new AM Best report. The Best’ s Market Segment Report, titled“ Specialty Legal Professional Liability Insurers…

Take these steps during and after a hurricane

June 11, 2026

Now that we're into hurricane season, which runs from June 1 to Nov. 30, it's important to know what to do during and after the storm. As I said in a previous column, preparation is the key. Make sure you have adequate homeowners' insurance and a flood insurance policy.

Proposed solutions to Arizona's e-bike problem

June 10, 2026

In response to the Independent's question about regulating electric bikes: Everywhere in Europe and Asia people ride bikes. Everyone knows the rules of the road and is courteous. We spend millions of tax dollars for assistant attorneys general, legislative staff, Arizona Department of Transportation workers and driver's license testing facilities, but…

I On Politics

June 10, 2026

The Dutch Kills Civic Association will hold their final General Meeting of the season on Thursday, June 11 at 7:00 pm at the Growing Up Green school, located at 39-27 28th Street in Long Island City. The North Queens Homeowners Civic Association meeting will be held on Thursday, June 11 at 7:30 PM at the Lexington School for the Deaf, 25-26 75th Street, East…

LETTER: Let's look at the facts on Vindman

June 10, 2026

A recent letter urged readers to "do their research" regarding Alexander Vindman. Lieutenant Colonel Alexander Vindman was physically present in the White House Situation Room and listened directly to the July 25, 2019 call between President Trump and Ukrainian President Zelensky. As Florida's Attorney General for six years, she had every tool to hold…

Wawanesa Insurance Earns Recognition from JD Power As #1 In Customer Satisfaction Among California Auto Insurers in JD Power 2026 U.S. Auto Insurance Study

June 10, 2026

Wawanesa Insurance has earned the top ranking in the JD Power 2026 U.S. “This recognition is a tremendous honor and a testament to our hard-working and dedicated team members,” said Wawanesa Insurance President Chris Henn.“ We pride ourselves on providing outstanding service and value to our members, and we have been serving California drivers with that same…

USAA gives $1B in Florida rate cuts to following legal reforms

June 10, 2026

USAA is giving nearly $1 billion in rate reductions, member dividends and other benefits to its Florida policyholders, singling out the state’ s tort reforms for curbing legal abuses and allowing the company to pass on more savings to its customers. Beginning June 15, the company’ s eligible auto policyholders in the state will receive an average dividend amount…

Loss of property tax will hurt

June 10, 2026

Maybe in big cities but not in small counties like Highlands. What the governor should have focused on was the bigger elephant in the room, the homeowners insurance crisis we have in the state of Florida. Florida is now ranked number 1 as the most expensive state for homeowners insurance.

A community call to help immigrants seeking safety

June 10, 2026

But, the pro bono coordinators at the Northwest Immigrant Rights Project explained that they provide mentoring and malpractice insurance. My first asylum case for a man held in the Tacoma Detention Center was a steep learning curve. "The Taliban say,' I hate you and I will kill you.' They tell the truth.

The Great Insurance Retreat: Why Homeowners Coverage Is Vanishing in High-Risk States | Insurify

June 10, 2026

Major insurers in California recently limited new policies and sought large rate hikes due to wildfires, inflation, and reinsurance costs. Regulators also threatened to suspend State Farm's license over claim handling from the 2025 L.A. wildfires. For consumers, developments in California and many other states raise a practical question: What are your…

Worried About Insurance Rates? Your Loyalty Might Be Costing You

June 10, 2026

Insurance rates have skyrocketed since the pandemic, and jaw-dropping renewal notices have left many consumers stretched thin when it comes to protecting their assets. Nearly half of Americans with auto insurance and homeowners insurance say they're stressed about their premiums, according to a recent NerdWallet survey. Even as affordability…

June 10, 2026

What self-employed workers and small-business owners should know about injury accidents

It is far easier to calculate lost wages and lost earning capacity when records involve stable salaries, regular pay periods and employer-verified records.

U.S. SENATOR TINA SMITH RELEASES NEW REPORT ON SOLUTIONS TO THE HOME INSURANCE CRISIS

June 10, 2026

The following information was released by the office of Minnesota Sen. Senator Tina Smith, theleadDemocrat on the Senate Housing Subcommittee, releasedanewreport, BoldSolutions to the Home InsuranceCrisis.Itexaminesthe nationwidecrisisofrising home insurance costs, the roleofclimate-change-drivenextreme weatherevents, andpolicysolutions…

Hartford Fire Insurance Company Trademark Application for “HARTCONNECT” Filed: Hartford Fire Insurance Company

June 9, 2026

2026 JUN 09– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ HARTCONNECT” by Cedric DeLaCruz The Hartford Insurance Group, Inc., representing Hartford Fire Insurance Company. The registrar information for this…

Auto Insurers Struggle to Maintain Seamless Interactions Across Channels, JD Power Finds

June 9, 2026

As the auto insurance market continues to soften, customers are holding more of the power— and they’ re using it, according to the JD Power 2026 U.S. “The market has clearly shifted from a pricing crisis to an experience challenge,” said Stephen Crewdson, managing director of insurance business intelligence at JD Power.“ Rates are stabilizing, but many customers still…

June 9, 2026
Image shows "Q1" and a man holding a cell phone
The U.S. property and casualty insurance industry achieved record-breaking underwriting profitability in the first quarter. (This image was created with AI)

S&P Global analysis: Why P&C insurer profitability surged in Q1 2026

The U.S. property and casualty insurance industry achieved record-breaking underwriting profitability in the first quarter of 2026.

Booking Summary May 24-31

June 9, 2026

Arrested by Picayune Police Department for Contempt of Court-Supreme Court, Court of Appeals, Circuit Chancery Courts and County Courts-M. Arrested by Pearl River County Sheriff's Office for DUI– first, reckless driving, driving with suspended/revoked driver's license and failure of owner or operator of motor vehicle to maintain liability insurance card.

June 8, 2026
Image shows a man in two very different work environments.
Sixty percent of the executives who responded to PwC’s survey said the speed of AI technology adoption and scaling drives growth. (This image was created with AI)

PwC: Turning AI risks into opportunities can bring competitive advantage

Those leaders who turn AI risks into opportunities can set their brand apart from the crowd, a PwC executive says.

Hannover Re US Appoints Dr. Elena Strunk as Vice President, Medical Director

June 8, 2026

In this role, Dr. Strunk will advance Hannover Re’ s underwriting innovation and digital transformation initiatives, lead efforts to modernize medical assessment practices to better reflect evolving medical knowledge, and strengthen the company’ s medical oversight and governance capabilities. Previously, Dr. Strunk spent over a decade in academic…

AM Best Upgrades Issuer Credit Ratings of National Security Fire and Casualty Company and National Security Insurance Company; Upgrades Credit Ratings of Omega One Insurance Company, Inc.

June 5, 2026

AM Best has upgraded the Long-Term Issuer Credit Rating to“ bb+” from“ bb” and affirmed the Financial Strength Rating of B of National Security Fire and Casualty Company. AM Best also has upgraded the Long-Term ICR to“ bb+” from“ bb” and affirmed the FSR of B of National Security Insurance Company. In addition, AM Best has upgraded the FSR to B from B- and the Long-Term ICR to“ bb”…

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