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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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AM Best Affirms Credit Ratings of Seguros El Potosí, S.A.

April 16, 2026

El Potosí is a Mexico- based insurer underwriting property/casualty, life, and accident and sickness insurance. The company is majority-owned subsidiary of Seguros Atlas, S.A. and operates in a competitive market, with a market share of less than 1% based on gross written premiums in 2025.. In 2025, earnings declined by 9% year-over-year, primarily driven by…

Inszone Insurance Services Acquires Randall Realty and Insurance, Expanding Expertise in Manufactured Home Insurance

April 16, 2026

Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce the acquisition of Benchmark Insurance Group LLC, doing business as Randall Realty& Insurance. “Partnering with Inszone put us about five years ahead of our personal and financial goals; they were exactly the right partner at…

NMGOP urges legislative committee to take up medical malpractice, 'baby boxes,' during interim

April 16, 2026

Republican New Mexico senators are calling on the Democratic chairwoman of a legislative health committee to place some of Republicans' top issues on interim meeting agendas over the coming months. Liz Thomson asking her to allow the interim Health and Human Services Committee to hear legislative proposals regarding medical malpractice reform, "baby…

Travelers Reports Excellent First Quarter Results

April 16, 2026

The Travelers Companies, Inc. today reported net income of $1.711 billion, or $7.78 per diluted share, for the quarter ended March 31, 2026, compared to $395 million, or $1.70 per diluted share, in the prior year quarter. Core income in the current quarter was $1.696 billion, or $7.71 per diluted share, compared to $443 million, or $1.91 per diluted share, in the prior…

From a chance conversation to owning the table: How Carina Tom built Nu World Connect Title

April 15, 2026

Carina Tom was 18 years old, working at Glamour Shots in a Long Island mall, when someone walked in and mentioned an entry-level opening at a title insurance company nearby. Today, Tom is the president and owner of Nu World Connect Title, a full-service settlement and title insurance company with offices in New York, New Jersey, Connecticut, Pennsylvania, Florida,…

‘The Little Rascals’ Star Bug Hall Arrested in Ohio Over Missed Court Appearance

April 15, 2026

Brandon“ Bug” Hall— best known for playing Alfalfa in The Little Rascals— is back in the headlines following an arrest in Ohio. The missed court date stemmed from a December 31, 2024 hearing tied to an earlier traffic violation on October 29, 2024, for driving without liability insurance. Born Brandon Rowan, Hall rose to fame as Alfalfa in The Little Rascals, a role…

Op-Ed | Don't trade away justice: Limiting rights won't lower costs for New Yorkers

April 15, 2026

Kathy Hochul has centered her affordability agenda on proposals she says will lower auto insurance premiums. But her plan amounts to a giveaway to Big Insurance and ride-hailing giants like Uber, at the expense of taxpayers and crash victims who will find the courthouse doors slammed shut when they seek justice. That is why a growing number of legislators,…

Bill restricting how insurers can use driving data sparks debate

April 15, 2026

JEFFERSON CITY— A bill restricting how automobile insurance companies could collect and use drivers' telematics data was heard in the House Insurance Committee on Monday. Bill Lucas, R-DeSoto, said the bill is intended to protect Missourians' personal freedoms and privacy as vehicle technology becomes more advanced. Lucas argued that if companies such as…

COMMITTEE APPROVES BILL TO MAKE PROPERTY INSURANCE MORE AFFORDABLE

April 15, 2026

The following information was released by the Colorado Senate Democrats:. DENVER, CO The Senate Finance Committee today passed a bill to stabilize Colorado's homeowners insurance market and mitigate the impacts of natural disasters. SB26-155, sponsored by Senators Kyle Mullica, D- Thornton, and Janice Marchman, D- Loveland, would create a grant program to…

Group: Billboard lawyers, nuclear verdicts drive up premiums

April 15, 2026

From freezes to hurricanes, Texas has no shortage of natural disasters. UAF’ s report prompted a response from the American Property Casualty Insurance Association, which was quick to point out that Texas has been“ impacted more than any other state in the country by what are known as Billion Dollar Storms.”. The onslaught of lawyer advertising and lawsuits that…

April 15, 2026

Purpose over speed: How carriers will win with AI

Before any AI tool is implemented, insurers must ask a fundamental question: What problem are we looking to overcome?

New report casts negative light on Rep. De La Cruz's congressional work on home insurance industry

April 15, 2026

Monica De La Cruz has put the home insurance industry ahead of her constituents after taking nearly $50,000 in industry cash for her campaigns, according a new report that will be issued later today. The report, prepared by an opposition research group, points out that the McAllen metro area that De La Cruz represents has the highest percentage of uninsured…

FEMA cuts and home insurance rates: How a shrinking disaster response budget could hurt your budget

April 15, 2026

FEMA cuts and home insurance rates: How a shrinking disaster response budget could hurt your budget. Funding cuts to federal programs, such as FEMA's Building Resilient Infrastructure and Communities program and the National Flood Insurance Program, reduce disaster preparedness and response across the U.S.. Insurance.com examines how recent federal…

NMGOP urges legislative committee to take up medical malpractice, 'baby boxes,' during interim

April 15, 2026

Republican New Mexico senators are calling on the Democratic chairwoman of a legislative health committee to place some of Republicans' top issues on interim meeting agendas over the coming months. Liz Thomson asking her to allow the interim Health and Human Services Committee to hear legislative proposals regarding medical malpractice reform, "baby…

River Forest balances budget as revenues increase

April 15, 2026

Estimated revenues of $22,496,285 increase 6.89% from $21,046,487 in FY2026 and estimated expenditures of $23,291,316 increase 6.72% from $21,249,031. Non-recurring expenditures include $310,000 for a portion of the annual contribution to the Intergovernmental Risk Management Association for liability insurance; $129,945 for police, fire and…

‘Little Rascals’ Star Bug Hall Arrested for Failure to Appear in Court

April 14, 2026

Little Rascals star Brandon "Bug" Hall was recently arrested for failure to appear in court— and it wasn't his first run-in with the law. Hall was cited on October 29 in Ohio for failure to show proof of liability insurance. In June 2020, he was arrested in Weatherford, Texas, Page Six reported, and booked for misdemeanor possession for use to inhale or ingest a volatile…

Triple-I: Severe Convective Storms Generate More Than $50B in Insured Losses for Third Consecutive Year

April 14, 2026

The Insurance Information Institute has published a new members-only Issues Brief, Severe Convective Storms: State of the Risk, finding that tornadoes, hail, straight-line winds and severe thunderstorms caused $51 billion in U.S. insured losses in 2025, marking the third straight year such losses have exceeded $50 billion, more than any other category of…

Origami Risk’s Cloud-Native P&C Platform Selected by Tokio Marine HCC – Specialty Group

April 14, 2026

Origami Risk, the industry-leading risk, safety and insurance Software as a Service technology firm, today announced Tokio Marine HCC– Specialty Group has selected its cloud-native SaaS P&C platform to refine core operations across its global specialty insurance portfolio. Origami Risk was selected by TMHCC– Specialty Group following an extensive…

Centura Consulting Services Advises Property Owners on Casualty Loss Tax Deductions

April 14, 2026

The Southern California- based consultancy helps property owners nationwide identify, document and evaluate casualty loss deductions for tax relief under federal and state tax law. “CCS was formed in response to the challenges property owners face when seeking compensation for casualty losses after federally declared disasters,” said Derek Myron, CCS’ s…

FedEx sues NYC law firm, alleges staged car accidents

April 14, 2026

Federal Express has filed a lawsuit against New York lawyers it accuses of staging traffic accidents and arranging for unnecessary medical treatment to increase the value of injury lawsuits. FedEx sued Ikhilov Law Group and several medical care providers last week in New York federal court, as rising auto-insurance costs have been a hot topic in the state.

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