INSURASALES

Tag: Property and Casualty Insurance

Selective Insurance Group Board Member Resigns Amidst Strategic Focus Shift

Wole Coaxum resigns from Selective Insurance Group's Board of Directors to focus on other professional priorities. The insurer maintains a strong strategic vision and reputation in the property and casualty market.

Selective Insurance Group Q2 Earnings Miss Drive 19% Share Drop Amid Social Inflation

Selective Insurance Group’s Q2 earnings fell short of expectations due to a combined ratio above 100%, driven by social inflation affecting casualty reserves. Shares dropped 19%, signaling market concerns over underwriting losses and claims cost pressures in the property and casualty insurance sector.

Guidewire Software Stock Sees Upward Price Target Amid Market Optimism

Guidewire Software's stock price target rises to $270 as analysts forecast growth in the property and casualty insurance software sector, with mixed valuations noted.

American Integrity Insurance Group Celebrates IPO and NYSE Listing

American Integrity Insurance Group announces IPO and NYSE listing, marking growth in Florida residential property insurance sector and expansion into Southeastern U.S. market.

Frankenmuth Insurance Maintains AM Best A (Excellent) Rating in 2025

Frankenmuth Insurance upholds its AM Best Financial Strength Rating of A (Excellent) for 2025, reflecting sustained stability and reliability in property and casualty insurance.

California Wildfires Drive $1.1B Underwriting Loss for US Property/Casualty Q1 2025

The US property/casualty insurance sector posted a $1.1 billion underwriting loss in Q1 2025 driven by California wildfires, impacting combined ratios and net income significantly.

Travelers Companies Reports Strong Q1 Revenue Growth, Stock Outperforms S&P 500

Travelers Companies posts robust Q1 revenue and adjusted earnings, outpacing S&P 500 gains with a "Moderate Buy" analyst rating. Key insights on TRV stock performance and market position.

Donegal Group Q1 2025 Financials Show Earnings Growth and Dividend Hike

Donegal Group Inc. reported strong Q1 2025 financial results with improved combined ratio, earnings growth, and increased dividends reflective of underwriting success and capital strength.

Duck Creek Appoints Retired General Daniel Hokanson to Board

Duck Creek Technologies names retired General Daniel Hokanson to its board, enhancing strategic governance amid evolving P&C insurance challenges. Learn how this leadership change supports innovation and regulatory compliance.

Washington State Insurance Statistical Reporting Requirements and Thresholds

Comprehensive overview of Washington state's statistical reporting requirements for property and casualty insurers, including premium thresholds, NAIC guidelines, and line-specific rules.