INSURASALES

Tag: Property and Casualty

Sentry Insurance Maintains AM Best A+ Rating for 34 Years

Sentry Insurance has sustained an A+ (Superior) rating from AM Best for 34 years, highlighting its financial strength, diverse business lines, and growth through acquisition. The insurer's Fortune 1000 ranking reflects operational stability and market presence.

Navigators Appoints Lynanne St. Denis to Lead Wholesale P&C Division

Navigators, a brand of The Hartford, names Lynanne St. Denis as head of wholesale property and casualty, marking a strategic leadership update in the U.S. insurance sector.

Insurance Sector Faces Downward Pressure Amid Market Rotation and Rising Risks

The insurance sector experiences stock declines influenced by rising natural disaster risks, legal challenges, and sector rotation, impacting property and health insurers' market dynamics in the U.S.

Hartford Insurance Insider Sales Highlight Contrarian Opportunity Amid Strong Fundamentals

Hartford Insurance Group's insider sales in Q2 2025 coincide with strong underwriting discipline, premium growth, and a favorable property-casualty market, creating a contrarian investment opportunity.

Westfield Sells Banking Unit to Focus on Core P&C Insurance and Specialty Growth

Westfield sells Westfield Bancorp to First Financial Bancorp for $325M, focusing on expanding its core P&C and specialty insurance businesses. Regulatory approval expected by Q4 2025.

Kingstone Boosts Catastrophe Reinsurance Limit by 57% for 2025/2026

Kingstone Companies increases 2025/2026 catastrophe reinsurance limit by 57%, incorporating a $125 million cat bond under Rule 144A, optimizing coverage cost and supporting growth.

Kingstone Increases Catastrophe Reinsurance Limit by 57% for 2025-2026

Kingstone Companies finalizes 2025-2026 catastrophe reinsurance program, raising limits by 57% and lowering costs, enhancing risk coverage and financial performance.

Mercury Insurance Taps Steve Bennett to Lead Climate Risk Science Team

Mercury Insurance appoints Steve Bennett to lead a new team focusing on climate-driven catastrophe risk mitigation, advancing resilience and coverage in high-risk property and casualty markets.

Mercury Insurance Expands Climate Science Team to Enhance Catastrophe Risk Strategy

Mercury Insurance appoints Steve Bennett to lead a climate science team, enhancing risk mitigation and underwriting in high-risk property and casualty markets.

Mercury Insurance Fortifies Risk Mitigation Team Amid Growing Climate Risks

Mercury Insurance appoints Steve Bennett to lead climate and catastrophe science efforts, focusing on risk mitigation strategies to sustain property and casualty insurance in high-risk areas affected by extreme weather events.