Property and Casualty News

Origami Risk, the industry-leading risk, safety, and insurance Software as a Service technology firm, today announced that WCF Insurance Company has selected its cloud-native claims platform to drive operational efficiency and support the expansion of its commercial lines business. WCF, an innovative property and casualty insurer serving the Western…

OKLAHOMA CITY— Oklahoma Insurance Commissioner Glen Mulready and Attorney General Gentner Drummond have aired grievances with each other this week related to an investigation of business practices of insurance companies in the state. In a statement issued later in the day, Mulready said he would not be used as a "political pawn" by Drummond, who is running to be…

New Mexico earned a Tort Reform Trailblazer designation in the American Tort Reform Associations 2026 Legislative HeatCheck report after lawmakers passed landmark medical malpractice reform with overwhelming, bipartisan support led by a coalition of women legislators. New Mexico lawmakers came together across party lines to fix a problem that was…

The following information was released by Public Citizen:. In June, CDI published a proposed regulation that would require large domestic insurers in California to assess and mitigate long-term risks to their solvency from climate change, technological innovation, and other emerging risks. "CDI must do more than protect the bottom line of insurers," said Elyse…

The Louisiana Department of Insurance Office of Insurance Fraud assisted the State Fire Marshal's Office in an insurance fraud investigation that led to the arrest of Tashira S. Glover, 42, who is charged with fraudulently obtaining insurance benefits following a residential fire. "Stopping insurance fraud requires a unified front among state agencies,…

Consumer Watchdog unveiled a website this week where homeowners affected by last year’ s Los Angeles County wildfires can file claims complaints against State Farm, the biggest home insurer in California. The complaints will be shared with State Farm to help speed up resolution. State Farm agreed to it, but it "s a general power that that Consumer Watchdog has,"…

American Integrity Insurance Group, Inc., a Tampa- based property and casualty insurance holding company and one of Florida’ s leading providers of residential property insurance, today announced that its Vice President of Claims, Trevor McDonald, has been named PropertyCasualty360’ s 2026 Claims Leader of the Year in the Insurance Carriers category.

Lenoir town council will consider making changes to its flood damage prevention plan which could impact residents ability to purchase flood insurance at its meeting scheduled for Tuesday, July 28. The meeting is scheduled to start at 6 p.m. at 905 West Ave. NW, Lenoir. A. Ordinance amendments: Flood Damage Prevention; Second Reading; The Emergency Management…

Editor's Note: Noozhawk republishes news articles from CalMatters on state and local policy issues that affect Santa Barbara County readers. As the state's residents prepare to vote for a new insurance commissioner in November, here's a look at a few common myths about insurance in California. About 44% of the state's residents do not own their homes,…

2026 JUL 24– 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“ CATIC ACADEMY” by Catherine Intravia SHIPMAN& GOODWIN LLP, representing Connecticut Attorneys Title Insurance Company. This application was made available to…

For months, it appeared the Florida Democratic Party would strike out in fielding a candidate to oppose GOP incumbent Blaise Ingoglia, appointed to the position a year ago by Gov. Then, just two weeks before the qualifying deadline, Earle Ford, a former assistant state attorney and federal investigator for the Internal Revenue Service, dropped out of his race for…

The following information was released by Oregon Senator Jeff Merkley:. Senator Jeff Merkley today unveiled the Wildfire Insurance Affordability Act, new legislation that would help homeowners reduce wildfire risk, give insurers confidence in lowering home insurance rates in communities at risk of fires, and keep insurers in the market.

Funders for this research include Chinese University of Hong Kong, University of Hong Kong, Princeton, Rochester, European Commission Joint Research Centre, Ronald and Maxine Linde Institute of Economic and Management Sciences, Bank of Italy. The news reporters obtained a quote from the research from the California Institute of Technology,“ Using data from…

Allen did not respond to The Center Square on this story before press time on Thursday. However, advocates of the bill told The Center Square Thursday that the rise of nonrenewals in California has made the Golden State a national hotspot for cancelled policies. “Consumers often have little information about the reason for the nonrenewal, and have no path to…

The Cooper County Fair Board lost the $5,000 deposit it paid to a carnival company after the business abruptly shut down just one week before this year's fair. In a letter to clients, Amusement Associates representative Arthur McCarthy said liability insurance costs had risen to between $6,000 and $7,000 per event. Before the company shut down, the Cooper…

Safety Insurance Group Inc., one of the leading property and casualty insurers in Massachusetts and across New England, today announced that it has entered into a definitive agreement under which an affiliate of Mapfre S.A. will acquire Safety in an all-cash transaction valued at approximately $1.54 billion. The transaction has been unanimously approved…

Universal Insurance Holdings reported second quarter 2026 results. Strong retention and new business generation resulted in 4.1% direct premiums written growth, including growth in Florida and across our multi-state footprint.”. Thanks to the efforts of the Governor, the Legislature, and the OIR, the Florida homeowners insurance market has stabilized and…

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of Top Layer Reinsurance Ltd.. These ratings continue to reflect the substantial amount of support Top Layer receives from its co-owners, State Farm Mutual Automobile Insurance Company, currently with an FSR of A+ and a Long-Term ICR of“ aa”, and Renaissance…

AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to“ a-” from“ bbb+” of Farm Mutual Reinsurance Plan Inc.. The outlook of these Credit Ratings has been revised to stable from positive. Established in 1959, Farm Mutual Re is the exclusive reinsurer for 42 members in Canada and accepts each insurer’ s entire…