Insurance Journal

OCTOBER 10, 2024

property/casualty insurers, affecting underwriting margins and earnings. Insurers And … S&P Global Ratings said potential losses from Hurricane Milton could fully deplete the 2024 natural catastrophe budgets for rated U.S. In a report titled “Hurricane Milton: The Implications For Rated U.S.

Casualty Insurance

Insurance Journal

JULY 25, 2024

Executives of two property/casualty insurance organizations—Kinsale Insurance and the U.S. P/C operations of Arch Capital—shared their recipes for success with an analyst who crowned their companies as performance leaders during a recent industry webinar. The short takes: We don’t outsource …

Underwriter

Insurance Journal

JULY 14, 2024

The commercial auto insurance segment maintained its place as a weaker-performing U.S. property/casualty insurance product line in 2023. Despite successive periods of pricing and underwriting actions, commercial auto has generated a statutory combined ratio above 100 in 12 of the …

Auto Insurance

Insurance Journal

JULY 14, 2024

property/casualty insurers posted a net combined ratio of 94 — the best since first-quarter 2007. By Susanne Sclafane Even though direct loss ratios for commercial auto and other liability lines rose in first-quarter 2024, across all lines U.S. Translating to …

Casualty Insurance

Insurance Journal

JULY 15, 2024

Favorable first-quarter economic and underwriting results for property/casualty insurance are in line with projections that the industry will see a small underwriting loss in 2024 and achieve profitability in 2025, according to a report from the Insurance Information Institute (Triple-I) …

Premium

Insurance Journal

MARCH 25, 2025

Armchair analysts prognosticating the impending collapse of property & casualty insurance companies were proven wrong by recently released 2024 financial performance results. The overall industry’s underwriting results were profitable. The 2024 combined ratio losses and expenses divided by premium, …

Casualty Insurance

Insurance Journal

MARCH 21, 2025

property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income to $170 billion, according to a joint report from Verisk and The American Property Casualty Insurance Association (APCIA). The global …

Insurance Industry

Insurance Journal

APRIL 6, 2025

property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income to $170 billion, according to a joint report from Verisk and The American Property Casualty Insurance Association (APCIA). The global …

Insurance Industry

Redbird Agents

NOVEMBER 15, 2024

Filling senior-level roles in the insurance industry requires more than just sourcing resumes—it demands precision, industry knowledge, and a focus on long-term success. That’s where partnering with an insurance executive search firm comes into play. Why Work with an Insurance Executive Search Firm?

Insurer

Triple-I: Homeowners Insurance

OCTOBER 10, 2024

property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. Much of the overall underwriting gain was due to growth in personal lines net premiums written. represented a 2.3-points

Commercial

Agency Revolution

AUGUST 21, 2024

This strategic hire completes Agency Revolution’s leadership team and underscores its commitment to providing top-tier digital marketing solutions for independent insurance agents. Dan brings over 25 years of extensive experience and leadership expertise within the Property and Casualty insurance sector. and Canada.

Broker-Agent

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

The Property Insurance Law Observer

AUGUST 22, 2024

Harleysville Insurance Company , 2024 WL 3792261 (D. Background The plaintiff-insured provided residential and day habilitation services in a property covered by a commercial package insurance policy issued by the defendant-insurer. During the policy period, the insured’s floor “sunk” between eight to 12 inches.

Building

Bankers Insurance

JULY 22, 2024

Westfield’s Legacy of Caring Program Partners with Westfield Insurance Agencies to Support Dozens of Nonprofits Across the Country Westfield partnered with Bankers Insurance to donate $9,500 to the American Red Cross as part of Westfield’s Legacy of Caring program.

Broker-Agent

Triple-I: Homeowners Insurance

MAY 8, 2024

Legislative reforms put in place in 2022 and early 2023 to address legal system abuse and assignment-of-benefits claim fraud in Florida are beginning to help the state’s property/casualty insurance market recover from its crisis of recent years, according to a new Triple-I Issues Brief. With only 15 percent of U.S.

Premium

Neilson Marketing Services

OCTOBER 23, 2024

The insurance distribution landscape is changing more quickly than ever before. While new tech is reshaping how insurance is bought and sold, one of the biggest challenges remains unchanged—effective distribution. The Landscape: Why Access to Independent Agencies Matters There are more than 200,000 insurance agencies in the U.S.,

Broker-Agent

Triple-I: Workers Compensation

FEBRUARY 10, 2022

Despite early “dire estimates” of how the COVID-19 pandemic might affect the workers compensation insurance sector, the system has proved to be resilient, according to Bill Donnell, president and CEO of the National Council on Compensation Insurance (NCCI). Workers comp plays a critical role in the U.S.

Workers Comp

Agency MVP

DECEMBER 20, 2021

If you are looking to take advantage of this new trend by selling property and casualty insurance from your own home, there are certainly many avenues available to you. No matter what is going on globally, there is always a need for many people to shore up their own insurance needs. Working from home is cost-effective.

Insurer

Agency Revolution

AUGUST 21, 2024

This strategic hire completes Agency Revolution’s leadership team and underscores its commitment to providing top-tier digital marketing solutions for independent insurance agents. Dan brings over 25 years of extensive experience and leadership expertise within the Property and Casualty insurance sector. and Canada.

Broker-Agent

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

As we’re trying to raise awareness of this problem with consumers, ‘social inflation’ doesn’t work,” said discussion moderator and Triple-I’s Chief Insurance Officer Dale Porfilio. Secrecy surrounding TPLF prevents insurers and regulators from identifying, let alone mitigating, the risks of increased costs and time to resolve claims disputes.

Out-Of-Pocket

Majesco

FEBRUARY 22, 2024

In Majesco’s recent Thought Leadership report, 10 Trends Shaping the Future of Insurance , we find that 2024’s strategic initiatives drive growth, but also reflect the need for innovation. Today’s innovation is one part inspiration and one part letting go of the past and what you no longer need to do.

Insurer

Triple-I: Workers Compensation

MARCH 21, 2023

By Max Dorfman, Research Writer, Triple-I Today’s inflationary conditions may increase interest for group captives – insurance companies owned by the organizations they insure – according to a new Triple-I Executive Brief. Group captives can provide a viable way to protect companies across several lines of casualty insurance.

Workers Compensation

Majesco

APRIL 11, 2024

Most insurers are in a sort of pressure-cooker situation where challenges are creating pressure and good decisions need to be made. I recently asked three of my creative and respected colleagues to share insights on how insurers might respond. For the full conversation, see 2024 Trends Reshaping the Insurance Business — Are You Ready?

Commercial Property

Insurance Journal

APRIL 30, 2025

Some property/casualty insurers talk about experimenting with artificial intelligence to automate call center responses and back-office operations. But that’s not the road to turbocharging growth that AIG CEO Peter Zaffino envisions for his company. AIG is all-in on AI that …

Underwriter

Majesco

JANUARY 23, 2025

Why is it so exciting to be an MGA in todays insurance market? How can MGAs benefit from modern insurance technology to facilitate profitable growth? It’s difficult to overemphasize the impact MGAs are having on the insurance industry. and 17% percent in 2021, demonstrating the importance of MGAs in the insurance market.

Insurer