Property & Casualty NEWS


Massachusetts P&C agency hit with $2 million+ judgment for failing to advise on adequate...

Recent jury verdict stemming from a 2010 fire incident proves a cautionary tale about the necessity of advising clients to secure adequate coverage.

Property & Casualty Insurance Discussion

Recent Property & Casualty Insurance News

9 worst scammers of 2017 named to Insurance Fraud Hall of Shame

An extensive (and expensive) list of perpetrators make up the “No Class of 2017” as determined by the Coalition Against Insurance Fraud.

New study finds U.S. car insurance rates at all-time high

Annual report from auto insurance search engine The Zebra examines auto insurance pricing across the U.S., uncovers local and national trends in context of disastrous weather events, technological advances, distracted driving, and other behavioral changes.

Indy agents still responsible for lion’s share of P&C premiums; seen as growth engine...

First-ever J.D. Power U.S. Independent Insurance Agent Satisfaction Study takes pulse of largest P&C distribution channel, and finds overall agent satisfaction with insurers is just 696 (on a 1,000-point scale) for personal lines and 686 for commercial lines.

Insurtech Update: News from 5 startups looking to disrupt their markets

The latest developments at tech companies across the life & health and P&C spectrums – Lemonade, Haven Life, Ladder, Wellthie and Hippo – involve new funding, expansion plans, new offerings and more.

Top auto, home and renters carriers ranked based on user experience

A new Clearsurance ranking of the top auto, home and renters insurance carriers based entirely on policyholder feedback netted some strong results for USAA, which topped two of the categories and placed second in the other.

Vermont again tops for insurance regulation environment; Delaware ranks last, report finds

While Vermont is only state to earn an A+ grade, significant new restrictions imposed on underwriting freedom relegated Delaware to the bottom of R Street Institute’s 2017 Insurance Regulation Report Card.

Hurricanes, wildfires lead to a record-high bill for weather-related disasters in 2017

Natural disasters cost the U.S. a record $306 billion in 2017. And while premiums may well rise for consumers, but experts say increases would have been more dramatic if the industry were not so capitalized and diversified.

The Hartford latest insurance-related firm giving employees bonus in wake of new tax bill

The Hartford recently became the latest insurance company to announce bonuses or permanent raises tied to the new GOP tax bill that reduces the corporate tax rate.

Insurance entities urging Santa to review coverage before Christmas Eve

Santa Claus is being urged (in a tongue-in-cheek manner) to review his insurance coverage prior to embarking on his incredible around-the-world journey on Christmas Eve.

Amazon Key app raises liability questions – and likely homeowners rate

New system meant to curb package theft could end up costing people who use it a lot more in the form of higher homeowners or renters insurance premiums.

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