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Property and Casualty News

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The latest news, regulation and trends in property & casualty insurance.

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July 22, 2026

Opinion: We must clear the insurance industry’s name

My recent experience taught me that leaders in our industry can and will exploit systems intended to serve policyholders for their own benefit.

July 21, 2026
Image shows a couple preparing to vote.
More than six in 10 consumers (61%) in the Insurify study said they believe elections affect their insurance costs. (This image was created with AI)

High cost of home insurance may drive voter turnout for midterms

A majority of Americans say rising home insurance costs would make them more likely to vote in the midterm elections.

July 14, 2026
Image shows the California state flag
Extreme weather events has renewed focus on some important California codes. (This image was created with AI)

CA fire laws: How homeowners can recover and how advisors can help

When a California homeowner applies for or renews a homeowner’s policy, residential property insurers are required to provide them with a replacement cost estimate.

More Stories

4 Myths about Insurance in California

15 hours ago

Editor's Note: Noozhawk republishes news articles from CalMatters on state and local policy issues that affect Santa Barbara County readers. As the state's residents prepare to vote for a new insurance commissioner in November, here's a look at a few common myths about insurance in California. About 44% of the state's residents do not own their homes,…

Connecticut Attorneys Title Insurance Company Trademark Application for “CATIC ACADEMY” Filed: Connecticut Attorneys Title Insurance Company

July 24, 2026

2026 JUL 24– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ CATIC ACADEMY” by Catherine Intravia SHIPMAN& GOODWIN LLP, representing Connecticut Attorneys Title Insurance Company. This application was made available to…

Florida Democrats Annette Taddeo and Earle Ford compete to face CFO Blaise Ingoglia in November

July 24, 2026

For months, it appeared the Florida Democratic Party would strike out in fielding a candidate to oppose GOP incumbent Blaise Ingoglia, appointed to the position a year ago by Gov. Then, just two weeks before the qualifying deadline, Earle Ford, a former assistant state attorney and federal investigator for the Internal Revenue Service, dropped out of his race for…

NEW MERKLEY BILL TACKLES DUAL CRISES OF WILDFIRE RISK AND INSURANCE AFFORDABILITY

July 24, 2026

The following information was released by Oregon Senator Jeff Merkley:. Senator Jeff Merkley today unveiled the Wildfire Insurance Affordability Act, new legislation that would help homeowners reduce wildfire risk, give insurers confidence in lowering home insurance rates in communities at risk of fires, and keep insurers in the market.

Researchers’ Work from California Institute of Technology (Caltech) Focuses on Economics (Competing Under Information Heterogeneity: Evidence From Auto Insurance): Economics

July 23, 2026

Funders for this research include Chinese University of Hong Kong, University of Hong Kong, Princeton, Rochester, European Commission Joint Research Centre, Ronald and Maxine Linde Institute of Economic and Management Sciences, Bank of Italy. The news reporters obtained a quote from the research from the California Institute of Technology,“ Using data from…

Insurance companies might have to start warning homeowners about cancellation

July 23, 2026

Allen did not respond to The Center Square on this story before press time on Thursday. However, advocates of the bill told The Center Square Thursday that the rise of nonrenewals in California has made the Golden State a national hotspot for cancelled policies. “Consumers often have little information about the reason for the nonrenewal, and have no path to…

Cooper County Fair loses $5,000 deposit after carnival contractor shuts down

July 23, 2026

The Cooper County Fair Board lost the $5,000 deposit it paid to a carnival company after the business abruptly shut down just one week before this year's fair. In a letter to clients, Amusement Associates representative Arthur McCarthy said liability insurance costs had risen to between $6,000 and $7,000 per event. Before the company shut down, the Cooper…

Safety Insurance Group, Inc. Enters Into Merger Agreement With Mapfre for $1.54 Billion

July 23, 2026

Safety Insurance Group Inc., one of the leading property and casualty insurers in Massachusetts and across New England, today announced that it has entered into a definitive agreement under which an affiliate of Mapfre S.A. will acquire Safety in an all-cash transaction valued at approximately $1.54 billion. The transaction has been unanimously approved…

Universal Reports Second Quarter 2026 Results

July 23, 2026

Universal Insurance Holdings reported second quarter 2026 results. Strong retention and new business generation resulted in 4.1% direct premiums written growth, including growth in Florida and across our multi-state footprint.”. Thanks to the efforts of the Governor, the Legislature, and the OIR, the Florida homeowners insurance market has stabilized and…

AM Best Affirms Credit Ratings of Top Layer Reinsurance Ltd.

July 23, 2026

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of Top Layer Reinsurance Ltd.. These ratings continue to reflect the substantial amount of support Top Layer receives from its co-owners, State Farm Mutual Automobile Insurance Company, currently with an FSR of A+ and a Long-Term ICR of“ aa”, and Renaissance…

AM Best Upgrades Credit Ratings for Farm Mutual Reinsurance Plan Inc.

July 23, 2026

AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to“ a-” from“ bbb+” of Farm Mutual Reinsurance Plan Inc.. The outlook of these Credit Ratings has been revised to stable from positive. Established in 1959, Farm Mutual Re is the exclusive reinsurer for 42 members in Canada and accepts each insurer’ s entire…

New ReSource Pro Primary Research Reveals Five Critical Lessons from Across the Insurance Industry

July 23, 2026

ReSource Pro, a trusted partner providing strategic operations and technology services for the insurance industry, today published its 2026 AI Lessons Learned Report, a first-hand account of how insurance organizations across the U.S. property and casualty insurance ecosystem are navigating the opportunities and pitfalls of artificial intelligence…

Giannoulias Marks Major Victory for Illinois Drivers Facing Skyrocketing Costs with Landmark Auto Insurance Reform

July 22, 2026

Secretary of State Alexi Giannoulias highlighted landmark auto insurance reform legislation that would, for the first time, give Illinois regulators the authority to review and challenge excessive insurance rate increases while strengthening oversight of insurance companies and delivering long-overdue transparency, accountability and consumer…

GOVERNOR HOCHUL ANNOUNCES HUNDREDS OF LAW ENFORCEMENT OFFICIALS SUCCESSFULLY COMPLETED SPECIALIZED AUTO INSURANCE FRAUD TRAINING IN ALBANY

July 22, 2026

The training, led by the New York State Police and the New York State Department of Financial Services, is designed to strengthen the skills of investigators and local law enforcement professionals so they can better detect, investigate and prosecute financial crimes, including auto insurance fraud. "New York has experienced a sharp increase in suspected…

AM Best Affirms Credit Ratings of The Hartford Insurance Group, Inc. and Its Subsidiaries

July 22, 2026

AM Best has affirmed the Long-Term Issuer Credit Ratings of“ a” and the Long-Term Issue Credit Ratings of The Hartford Insurance Group, Inc., which is the ultimate parent of the companies hereinafter mentioned. AM Best also has affirmed the Financial Strength Rating of A+ the Long-Term ICRs of“ aa” of Hartford Fire Insurance Company and its pooling subsidiaries…

July 22, 2026

Opinion: We must clear the insurance industry’s name

My recent experience taught me that leaders in our industry can and will exploit systems intended to serve policyholders for their own benefit.

Wright National Flood Insurance Company announces agreement with First Insurance Co. of Hawaii: Wright National Flood Insurance Company

July 21, 2026

2026 JUL 21– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– Wright National Flood Insurance Company, the nation’ s leading provider of federal flood insurance, has announced an agreement to acquire the flood insurance policy book from First Insurance Company of Hawaii. Wright Flood will service, administer, and issue flood coverage…

American Integrity Founder and CEO Bob Ritchie Named PropertyCasualty360’s 2026 Thought Leader of the Year

July 21, 2026

American Integrity Insurance Group, Inc., a Tampa- based property and casualty insurance holding company and one of Florida’ s leading providers of residential property insurance, today announced that its Founder and Chief Executive Officer, Bob Ritchie, has been named PropertyCasualty360’ s 2026 Thought Leader of the Year in the Insurance Carriers category.

Federato Research: 91% of P&C Leaders Report Real-Time Portfolio Control, Only 27% of Underwriters Say the Same

July 21, 2026

Federato, the AI-native platform that changes the way insurance work gets done, today released its 2026 State of P&C Insurance Technology report, based on a survey of 750 P&C insurance professionals across carriers, managing general agents, and MGA aggregators. The report’s central finding: 91% of P&C leaders report real-time portfolio control, but only 27% of…

July 21, 2026
Image shows a couple preparing to vote.
More than six in 10 consumers (61%) in the Insurify study said they believe elections affect their insurance costs. (This image was created with AI)

High cost of home insurance may drive voter turnout for midterms

A majority of Americans say rising home insurance costs would make them more likely to vote in the midterm elections.

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