Tag: Commercial Lines

Corgi Insurance Company Expands Offerings with Admitted Carrier Launch

Corgi Insurance Company launches an admitted carrier, diversifying its offerings to serve various markets while leveraging AI for underwriting. Explore the impact!

Outmarket AI Achieves Certification as an Integration Partner for AI in Insurance

Outmarket AI gains certification in Applied Systems' Vendor Program, enhancing AI integration in insurance for improved efficiency, data security, and business growth.

2026 Outlook: U.S. Property and Casualty Insurance Market Trends

Explore the 2026 outlook for the U.S. P&C insurance market, examining trends, competition, underwriting profitability, and key challenges ahead.

Gryphon Holdings Acquires PrimeOne Insurance Company – Strategic Move

Gryphon Holdings LLC is set to acquire PrimeOne Insurance Company, enhancing its offerings in the property and casualty insurance sector. Learn more about this strategic move.

Nationwide and Other Insurers Innovate Leadership and Products

Discover key leadership appointments and innovations across top insurance firms, enhancing products, compliance, and technology. Stay updated on industry trends.

XPT Specialty Boosts East Coast Commercial Lines with New Senior Underwriter

XPT Specialty appoints Liam Sole as Senior Underwriter to strengthen East Coast commercial lines, focusing on property and casualty risks and excess & surplus market expertise.

Florida's Citizens Property Seeks Rare Homeowners Rate Cut Amid Market Improvements

Florida's Citizens Property Insurance requests a 2.6% homeowners rate cut for 2026 reflecting strengthened market conditions and legislative reforms reducing litigation costs. Nearly half of policyholders may see premium decreases amid private market competition and moderating reinsurance costs.

Ivans Report Highlights Agency Priorities in Commercial Lines Insurance for 2025

Ivans 2025 report reveals insurance agencies prioritize superior product offerings, responsive service, and technology automation in commercial lines to address complex risks and regulatory pressures.

W. R. Berkley Declares Special Dividends and Quarterly Payouts for 2025

W. R. Berkley Corporation announces special and quarterly dividends totaling $1.59 per share in 2025, returning $776M to shareholders including share buybacks.

November 2025 Ivans Index Shows Broad Rate Increases in U.S. Commercial Insurance Lines

The November 2025 Ivans Index reports rising premium renewal rates in U.S. commercial insurance lines, with workers' compensation rates remaining soft amid ongoing claims inflation and loss cost trends.