Tag: property and casualty

Bain: AI Adoption Expands in P&C Claims, but Full Scaling Remains Rare

Bain & Company’s 2025 report shows 78% of P&C insurers use generative AI in claims, but only 4% have scaled it. Learn about AI's potential to transform claims efficiency and productivity.

Activist Shareholders Propose Chubb Consider Litigation Over Climate-Driven Catastrophe Losses

Activist shareholders have filed a proposal for Chubb to evaluate suing major oil and gas companies over climate-related catastrophe losses, reflecting insurance industry concerns on climate risk and litigation.

US P&C Insurance Posts $34.9B Underwriting Gain Amid Stable Catastrophe Losses

The US property & casualty insurance industry achieved a $34.9B net underwriting gain in the first nine months of 2025, driven by premium growth and low catastrophe losses. Combined ratio improved to 94.0 with stable loss expenses.

NAIC to Enhance 2026 Homeowners Insurance Data Call for Improved Market Insights

NAIC plans a detailed 2026 homeowners insurance data call including claims, cancellations, premiums, and mitigation data to improve regulatory oversight and market analysis.

Validea Upgrades Highlight Fundamentals-Based Growth in U.S. Insurance Stocks

Validea's latest upgrades of U.S. insurance and financial services stocks reveal strengthening fundamentals and growth potential in property and casualty insurance and related sectors.

Key 11th Circuit Insurance Appeals Impacting Property & Casualty Litigation

Analysis of recent 11th Circuit appellate cases impacting property and casualty insurance litigation, highlighting legal trends in claims and policy disputes relevant to U.S. insurers and legal professionals.

DBRS Morningstar Maintains Neutral Outlook for Canada P&C Insurance in 2026

DBRS Morningstar keeps a neutral outlook for Canada's property and casualty insurance sector in 2026 amid underwriting discipline, competitive pricing, regulatory changes, and climate-related risks, with easing reinsurance costs improving insurer resilience.

Chubb's Informal Acquisition Approach to AIG Ignites Industry Interest

Chubb's informal bid to acquire AIG elevates market activity and alters stock movements in the Property & Casualty insurance sector.

Old Republic International Gains Analyst Upgrade; Acquires Everett Cash Mutual

Old Republic International receives analyst upgrade with new acquisition of Everett Cash Mutual, bolstering specialty and farmowners insurance portfolios. Insights for property and casualty insurance market professionals.

Homeowners Face Challenges with Property Claims as Insurers Limit Payouts

Homeowners face more stringent property insurance claim approvals as insurers increasingly limit damage payouts. State Farm involved in a roofing claim dispute highlights industry-wide stricter claims practices.