1. 1
    April 29, 2025
    Many Snowbirds Looking to Pack Up and Fly North For Good; Florida Hit Hard
    The number of Canadian “snowbirds” planning to sell their second homes in sunny Florida and Arizona has surged this spring, many of...
  2. 2
    May 1, 2025
    Allstate Q1 Income Drops 52% on Record $3.3B Gross Catastrophe Losses
    Allstate Corp. first quarter 2025 net income applicable to common shareholders fell more than 52% to $566 million primarily due to a record $3.3...
  3. 3
    May 1, 2025
    AM Best Revises Credit Rating Outlook to Negative for NJM Insurance Group
    Ratings agency AM Best has revised the outlook to negative from stable for the members of the NJM Insurance Group (NJM) for the Long-Term Issuer...
  4. 4
    May 1, 2025
    Business Moves: CRC Group Acquires ARC in E&S Deal
    Independent insurance wholesaler CRC Group said it has acquired specialty wholesale distributor ARC Excess & Surplus. Terms were not...
  5. 5
    April 30, 2025
    Heritage Files Libel, Defamation Suit vs. Adjuster After '60 Minutes' Report
    Six weeks after Tampa-based Heritage Property & Casualty Insurance Co. filed a libel suit against a whistleblower claims adjuster, the...
  6. 6
    May 1, 2025
    Buyer's Remorse Hits Finance Bosses Who 'Overhired' for ESG
    There’s a course-correction underway among financial firms that went all out on ESG hiring just a few years back, according to recruiters...
  7. 7
    April 30, 2025
    AIG: Turning One Human Underwriter Into Five, 'Turbocharging' E&S
    Some property/casualty insurers talk about experimenting with artificial intelligence to automate call center responses and back-office operations....
  8. 8
    April 30, 2025
    Bill to Address California Wildfire And Insurance Crises Moving Through Legislature
    A California Assembly committee advanced a bill designed to deal with the state’s wildfire and insurance crises. The California Safe Homes...
  9. 9
    May 1, 2025
    Attorney Fee Amendment Shot Down by Florida Senate; Condo Relief Bill Passes
    Florida’s Senate late Wednesday refused to go along with a prevailing-party attorney-fee amendment to a phosphate mine bill, likely leaving...
  10. 10
    April 30, 2025
    Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils
    Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been the norm in recent...