Tag: Property and Casualty Insurance

U.S. P&C Insurance Industry Shows Resilience Amid Rate Declines and Rising Catastrophe Losses

U.S. P&C Insurance Industry Shows Resilience Amid Rate Declines and Rising Catastrophe Losses

Explore how the U.S. property and casualty insurance industry navigates declining global rates, rising catastrophe losses, and technology adoption, with key growth insights from Palomar Holdings, W.R. Berkley, and Axis Capital.

Travelers Companies: Strong Growth and Premium Valuation in P&C Insurance

Analyzing Travelers Companies' premium valuation, growth strategies, underwriting discipline, and investment portfolio in the U.S. property and casualty insurance market.

The Hanover Insurance Group Recognized Among Time's and Forbes' Top Insurance Firms

The Hanover Insurance Group earns top spots on TIME's World's Best Companies and Forbes' America's Best Insurance Companies, underscoring its excellence in P&C insurance, employee engagement, and sustainability.

Insurity Survey Reveals Rising Consumer Demand for Enhanced Severe Weather Coverage in P&C Insurance

Insurity's 2025 survey highlights a significant increase in U.S. policyholders willing to pay more for stronger severe weather protection, emphasizing the need for insurers to innovate in coverage and claims technology.

Sapiens Launches Version 13 of CoreSuite P&C with AI-Driven Underwriting Enhancements

Sapiens releases Version 13.0 of CoreSuite for Property & Casualty, enhancing AI-driven underwriting, claims, and billing capabilities to optimize insurer operations in North America.

Utica National Recognized as Top Insurance Employer for Eighth Year

Utica National Insurance Group earns Top Insurance Employer status for eighth year, highlighting strong employee benefits and workplace culture in the property/casualty sector.

California Proposal to Repeal Key Insurance Regulation: Prop 103 at Risk

A California ballot initiative aims to repeal Proposition 103, which has regulated property and casualty insurance for decades. The change could impact premium approvals, market stability, and wildfire risk policies.

CCC, Elitek Expand Integration to Automate Mobile Sublet Service Documentation

CCC Intelligent Solutions and Elitek Vehicle Services have expanded their CCC Diagnostics Network integration to automate documentation for Elitek’s mobile sublet services, enhancing efficiency for collision repair shops using CCC ONE.

AM Best Affirms Global Indemnity Group's A (Excellent) Rating for U.S. Subsidiaries

AM Best has reaffirmed Global Indemnity Group's A (Excellent) financial strength rating, underscoring the company's stability and creditworthiness in the U.S. property and casualty insurance market.

The Hartford Donates Over 1 Million Shares to Hartford Foundation Since 2022

The Hartford has donated more than 1 million shares of its stock to the Hartford Foundation for Public Giving since 2022, showcasing its philanthropic efforts within the insurance community.