Onex's acquisition of Integrated Specialty Services highlights a strategic shift towards digital transformation in property and casualty insurance, backed by major institutional investors. This deal illustrates growing investment in data-driven insurance platforms and sets a benchmark for future insurtech consolidation.
Combined Ratio Solutions in Hartford innovates with open-source software for property and casualty insurers, boosting efficiency in policy administration and insurer profitability.
Kingstone Companies appoints Randy L. Patten as CFO, enhancing financial leadership to support growth in the Northeast property and casualty insurance market.
Homeowners insurance premiums in the U.S. have risen 9.3% since 2024, driven by climate risks and increased deductibles, challenging affordability and complicating mortgage closings. The E&S market grows in catastrophe-prone states.
PICC Property & Casualty Co announces election of new employee representative director and dissolves supervisory committee, marking key governance changes in the China insurance sector.
RAPID X, a blockchain-based auto claims data exchange platform, wins the 2025 PropertyCasualty360 Insurance Luminaries award for innovations in claims processing.
Corporate Insight introduces Commercial Insurance Monitor, a research service delivering comprehensive analysis of digital experiences in commercial P&C insurance across 17 leading carriers to inform competitive strategies and product development.
U.S. insurers increasingly dispute coverage of OEM post-collision repairs, raising safety and reimbursement issues amid growing industry conflicts.
The Baptist General Convention of Texas is launching the Texas Baptists Indemnity Program to offer comprehensive, affordable property and liability insurance tailored for Texas Baptist churches, backed by regulatory approval and a $12 million reserve.
American Financial Group's Q1 2025 earnings show a profit decline due to catastrophe losses and reduced investment returns, with a strong focus on capital returns and underwriting discipline.
