Tag: Property Casualty

U.S. Commercial Auto Insurance Posts 14th Year of Underwriting Losses

U.S. Commercial Auto Insurance Posts 14th Year of Underwriting Losses

Commercial auto insurance in the U.S. continues to face underwriting losses for the 14th year, driven by rising claims costs and under-reserving, according to AM Best.

Cincinnati Financial Sees Remarkable Growth Amid Market Challenges

Cincinnati Financial showcases impressive growth in 2025 with robust underwriting and investment performance, navigating market challenges effectively. Learn more!

U.S. Property/Casualty Industry Boosts Underwriting Gains in Early 2025

The U.S. property/casualty insurance sector reported a $35B underwriting gain in the first nine months of 2025, driven by manageable catastrophe losses and rising investment income, per AM Best.

Homeowners Insurance Coverage Lawsuits Climb to Historic Highs Since 2022

Homeowners insurance coverage lawsuits unrelated to hurricanes have surged in U.S. district courts since 2022, challenging property/casualty insurers with new legal risks.

Patriot Growth Expands with Acquisition of Morse Insurance Agency in Massachusetts

Patriot Growth Insurance Services acquires Morse Insurance Agency, enhancing its footprint in Massachusetts with expanded commercial and personal insurance brokerage services.

Chubb Posts Record Q3 Property/Casualty Profits Amid Market Transition

Chubb reports record Q3 property/casualty profits driven by strong underwriting performance and evolving market dynamics. Net premiums and investment income rise amid competitive pricing pressures.

The Hartford Advances AI-Driven Strategies to Combat Evolving Insurance Fraud

Explore how The Hartford utilizes AI and data science to detect and prevent sophisticated insurance fraud schemes across property-casualty lines, enhancing risk management and reducing losses.

Litigation Trends Drive Economic Impact on U.S. Property Casualty Insurance

Dr. Robert P. Hartwig discusses how litigation trends and frivolous lawsuits impact U.S. property casualty insurance costs and economic factors, per APCIA analysis.

U.S. P/C Insurance Industry Shows Strong Underwriting Income in H1 2025

The U.S. property/casualty insurance sector posted $11.2B in net underwriting income for H1 2025, driven by premium growth and investment income despite rising catastrophe losses and lower capital gains.

2025 Insurance Industry Growth Supported by Economic and Technological Trends

Conning analysts forecast sustained growth in life/annuity and property/casualty insurance in 2025, driven by economic conditions, regulatory focus, AI adoption, and rising catastrophe and cyber risks.