Casualty Insurance and Damage - Insurance Industry Brief

Heritage Files Libel, Defamation Suit vs. Adjuster After ’60 Minutes’ Report

Insurance Journal

APRIL 29, 2025

Six weeks after Tampa-based Heritage Property & Casualty Insurance Co. filed a libel suit against a whistleblower claims adjuster, the adjuster’s lawyer has pushed back, arguing that the suit is an attempt to silence those who question insurers’ damage estimates.

Casualty Insurance

Casualty Insurance Damage Claim Insurance

BRIC Funding Loss Underscores Needfor Collective Actionon Climate Resilience

Triple-I: Homeowners Insurance

APRIL 21, 2025

Resilience key to insurance availability Average insured catastrophe losses have been on the rise for decades, reflecting a combination of climate-related factors and demographic trends as more people have moved into harms way.

Risk

Risk Building Protection Damage

How Tariffs AffectP&C Insurance Prospects

Triple-I: Homeowners Insurance

MARCH 13, 2025

Property and casualty insurers are no less concerned, as the cost of repairing and replacing damaged property is a driver of claim costs and, ultimately, policyholder premiums. Tariffs and threats of tariffs have been roiling financial markets since January.

Casualty Insurance

Casualty Insurance Insurance Insurer Insured

Texas: A Microcosmof U.S. Climate Perils

Triple-I: Homeowners Insurance

JULY 11, 2025

In Texas – as in much of the United States, particularly far from the coasts – few homeowners have flood insurance. Many believe flood damage is covered by their homeowners’ or renters’ insurance. Severe convective storms are a growing source of losses for property/casualty insurers. The entire U.S.

Damage

Damage Risk Casualty Insurance Commercial

Hurricane Francine Insured Losses to Be Manageable With New Orleans Miss

Insurance Journal

SEPTEMBER 16, 2024

Losses from Hurricane Francine are expected to be manageable for property/casualty insurers, with major population centers sparred from the worst of the storm’s damage. Privately insured loss from Hurricane Francine are estimated to be close to $1.5 billion, catastrophe modeler …

Casualty Insurance

Casualty Insurance Damage Insurance Insurer

Hurricane Francine Insured Losses Expected to Be Manageable

Insurance Journal

OCTOBER 6, 2024

Losses from Hurricane Francine are expected to be manageable for property/casualty insurers, with major population centers sparred from the worst of the storm’s damage. Privately insured loss from Hurricane Francine are estimated to be close to $1.5 billion, catastrophe modeler …

Casualty Insurance

Casualty Insurance Damage Insurance Insurer

Florida CFO Bars Insurers From Altering Adjusters’ Reports Without Explanation

Insurance Journal

OCTOBER 9, 2024

Almost two years after a group of independent claims adjusters alleged that insurers had deceptively altered their damage estimates and low-balled policyholders, Florida’s chief financial officer has issued an emergency rule barring similar actions in Hurricane Milton claims. “Any move …

Policyholder

Policyholder Claim Damage Insurance

UNDERSTANDING PROPERTY CASUALTY INSURANCE IN NJ

Boyle Agency Insurance

JULY 19, 2024

What Is Property Casualty Insurance? Property Casualty Insurance is insurance that combines protection for property owned by you, such as a house, or personal possessions, and liability insurance for if you ever cause an accident that injures another person or damages another person’s property.

Casualty Insurance

Casualty Insurance Insurance Insurer Insured

Split Decision: Florida Districts Clash Over Insurance Coverage for Unperformed Repairs

The Property Insurance Law Observer

OCTOBER 16, 2024

In the recent decision Universal Property & Casualty Insurance Co. The court emphasized that under both the insurance policy’s plain language and Florida Statute §627.7011(3)(a), payment of replacement cost value is contingent upon the actual completion of repairs. in damages. in damages.

Damage

Damage Property Insurance Casualty Insurance Policy

Does a sagging floor constitute a “collapse”? Court finds ambiguity in “collapse.”

The Property Insurance Law Observer

AUGUST 22, 2024

The insurer argued that the damage to the floor did not meet the policy’s definition of “abrupt collapse” because it did not completely fall to the ground. The insurer further noted that the insured’s personnel walked on the floors after the incident occurred. Hartford Casualty Insurance Co. , 3d 84 (Conn.

Building

Building Commercial Property Damage Policy

Outdated Building Codes Exacerbate Climate Risk

Triple-I: Homeowners Insurance

DECEMBER 5, 2024

By Lewis Nibbelin, Contributing Writer, Triple-I Natural catastrophe perils rising frequency and severity may be impossible to fully abate, but Nationwide Property & Casualty Insurance Co. President and CEO Mark Berven believes modern building codes could dramatically reduce their costly destructiveness. “The U.S.

Building

Building Risk Casualty Insurance Premium

2022 P&C Underwriting Profitability Seen Worsening as Inflation, Hard Market Persist

Triple-I: Business Insurance

AUGUST 11, 2022

The property & casualty insurance industry’s combined ratio – an indicator of underwriting profitability – is forecast at 100.7 Combined ratio represents the difference between claims and expenses paid and premiums collected by insurers. for 2022, up 1.2 We forecast 2022 P&C premium growth of 8.5

Underwriter

Underwriter Underwriting Workers Compensation Premium

Group Captives Offer Cost-Sensitive Companies Opportunities to Savein Face of Inflation

Triple-I: Workers Compensation

MARCH 21, 2023

The lines of coverage written typically are those with more predictable losses, such as workers compensation, general liability, and automobile liability and physical damage.” Group captives can provide a viable way to protect companies across several lines of casualty insurance.

Workers Compensation

Workers Compensation Premium Liability General Liability

The Pressures of Operational Optimization

Majesco

APRIL 11, 2024

There is inflation and its pressure on claims costs, whether it’s medical or it is physical damage to homes and businesses. Some customers can’t afford their insurance and they are decreasing the amount of insurance they have or not purchasing it all together. We have challenges from a macroeconomic perspective.

Commercial Property

Commercial Property Risk Claim Deductible

Recall Roundup: June

Hunton Andrews Kurth

JULY 16, 2021

In Discover Property & Casualty Insurance Co. Blue Bell sought coverage for the shareholder suit under a number of commercial general liability policies issued by Travelers, arguing that the suit seeks damages because of “bodily injury.” Blue Bell Creameries USA, Inc.

General Liability

General Liability Commercial General Liability Liability Injury

Study Touts PayoffsFrom Alabama Wind Resilience Program

Triple-I: Homeowners Insurance

MAY 29, 2025

Homes built or retrofitted to FORTIFIED standards from the Insurance Institute for Business & Home Safety were found to have suffered far less property damage and a lower volume of insurance claims from Hurricane Sally which made landfall in Gulf Shores, Alabama, as a Category 2 storm in September 2020 than non-FORTIFIED properties.

Property Damage

Property Damage Casualty Insurance Insurance Claim Building

Insurance Industry Brief

Heritage Files Libel, Defamation Suit vs. Adjuster After ’60 Minutes’ Report

BRIC Funding Loss Underscores Needfor Collective Actionon Climate Resilience

Trending Sources

How Tariffs AffectP&C Insurance Prospects

Texas: A Microcosmof U.S. Climate Perils

Hurricane Francine Insured Losses to Be Manageable With New Orleans Miss

Hurricane Francine Insured Losses Expected to Be Manageable

Florida CFO Bars Insurers From Altering Adjusters’ Reports Without Explanation

UNDERSTANDING PROPERTY CASUALTY INSURANCE IN NJ

Split Decision: Florida Districts Clash Over Insurance Coverage for Unperformed Repairs

Does a sagging floor constitute a “collapse”? Court finds ambiguity in “collapse.”

Outdated Building Codes Exacerbate Climate Risk

2022 P&C Underwriting Profitability Seen Worsening as Inflation, Hard Market Persist

Group Captives Offer Cost-Sensitive Companies Opportunities to Savein Face of Inflation

The Pressures of Operational Optimization

Recall Roundup: June

Study Touts PayoffsFrom Alabama Wind Resilience Program

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