INSURASALES

Tag: Property and Casualty

Franklin Mutual Insurance Boosts Underwriting with AI-Powered Aerial Imagery

Franklin Mutual Insurance enhances underwriting efficiency and accuracy using Nearmap’s AI-driven aerial imagery platform, supporting cost reduction and growth.

Heritage Insurance Shares Surge on Strong Underwriting, Reinsurance Strategy

Heritage Insurance stock rises 11.7% on strong underwriting discipline and enhanced reinsurance program, positioning for growth in property and casualty insurance market.

WSIA Conference Highlights Divergent Trends in P&C Insurance Rates

Insights from the WSIA marketplace conference reveal varying trends in property and casualty insurance rate movements across the E&S sector, impacting underwriting and market strategies.

Marco Capital Acquires Benteler Reinsurance to Expand P&C Run-Off Portfolio

Marco Capital expands its European P&C run-off insurance portfolio with the acquisition of Benteler Reinsurance Company DAC, enhancing its strategy to rationalize non-core insurance entities.

Arthur J. Gallagher Acquires Bremer Insurance Agencies from Old National Bancorp

Arthur J. Gallagher acquires Bremer Insurance Agencies, expanding its property and casualty insurance brokerage footprint in St. Paul, Minnesota. Transaction details remain undisclosed.

AM Best Downgrades Erie Insurance Group Property/Casualty Ratings, Affirms Erie Family Life

AM Best downgrades Erie Insurance Group's property/casualty credit ratings from A+ to A, citing underwriting losses and weather claims impact. Erie Family Life's rating affirmed.

Skyward Specialty Acquires Apollo Group for $555M, Expands Lloyd’s Market Presence

Skyward Specialty Insurance Group to acquire Lloyd’s specialist Apollo Group for $555 million, enhancing US specialty insurance market position and entering Lloyd’s with over $3 billion premium.

Q2 Earnings Show Strength and Challenges Across U.S. Property & Casualty Insurers

Q2 earnings reports reveal mixed but resilient performance in U.S. property & casualty insurance stocks including Essent Group, Root, Selective Insurance, Mercury General, and CNA Financial.

New Homeowner Insurer Joins Florida's Revived Property & Casualty Market

Florida's property and casualty insurance market expands with a new homeowner insurer joining the state's revived P&C sector. Insights on market developments.

Q2 Earnings Review: Insights into Property & Casualty Insurance Sector Performance

Analyze Q2 earnings across major U.S. property and casualty insurers including Old Republic International, Root, Selective Insurance Group, RLI, and Stewart Information Services. Understand market trends, interest rate impacts, and sector challenges.