Tag: Property and Casualty

Jordan Partners Invests in Vanguard Claims Administration to Expand P&C Claims Platform

Jordan Partners makes strategic investment in Vanguard Claims Administration to enhance technology, reporting, and national expansion in the P&C insurance claims market.

Allstate Corp Declares 2026 Dividend with Slight Decrease; Maintains Strong Dividend History

Allstate Corporation declares its January 2026 dividend, showing a consistent dividend history despite a slight reduction. The company operates in the U.S. and Canada's property and casualty insurance market.

NSI Insurance Group Strengthens Florida Market Position with Mutual Insurance Group Acquisition

NSI Insurance Group expands in Florida's property and casualty sector by acquiring Mutual Insurance Group, enhancing risk management and market reach amid industry challenges.

Fitch Ratings Forecasts 5% Drop in North American P&C Reinsurance Rates for January Renewals

Fitch Ratings expects a 5% decline in reinsurance rates for North American property and casualty insurers at the January 1 renewals, signaling shifts in market pricing for 2024.

Chubb Advances AI-Driven Digital Transformation to Enhance P&C Operations

Chubb's multi-year plan leverages AI and automation to transform underwriting, claims, and operations, aiming for significant cost savings and efficiency in property and casualty insurance.

Canal Insurance Names Matthew Grimm Chief Underwriting Officer

Canal Insurance Company appoints Matthew Grimm as Chief Underwriting Officer, leveraging his 30+ years in property/casualty and transportation insurance to enhance underwriting and market growth.

U.S. Commercial Insurance Rates Hold Steady at 3.8% Increase in Q3 2025

U.S. commercial insurance rates increased by 3.8% in Q3 2025, showing market stabilization and moderated pricing across key lines including workers compensation, D&O, cyber, and commercial property, according to WTW's CLIPS survey.

Canal Insurance Names Matthew Grimm Chief Underwriting Officer to Lead Growth

Canal Insurance Company appoints Matthew Grimm as Chief Underwriting Officer to enhance underwriting leadership and expand its commercial trucking insurance market presence.

U.S. Commercial Insurance Rates Moderate with 3.8% Increase in Q3 2025

U.S. commercial insurance rates showed a moderated 3.8% increase in Q3 2025, continuing a market stabilization trend according to WTW's CLIPS survey.

CRC Group and Jencap Strengthen Binding Operations With Key Regional Hires

CRC Group and Jencap Group enhance regional binding operations and market presence through strategic senior appointments in California, Atlanta, Charlotte, and Denver, driving insurance market growth and service expansion.