Latest Property Casualty Headlines
All the headlines from our Property Casualty Topic Page, ordered by recency.
Dissecting the McKinsey Report for Profitability in P&C
May 25 2025 // This post is part of a series sponsored by AgentSync. P&C market summary It’s no secret the property and casualty (P&C) market is full of struggle. After years of premium increases and market withdrawals, the...
Don’t Miss Out: Enter Now for Insurance Journal’s Top 100 P/C Agencies Ranking
May 23 2025 // The deadline to submit for Insurance Journal’s Top 100 Agencies and Top Agency Partnerships ranking is approaching! We hope that you will consider entering your firm for Insurance Journal’s 2025 Top 100...
Q1 Shows ‘Clear’ Signs of Commercial P/C Softening, Says CIAB
May 19 2025 // According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the first quarter 2025 rose by 4.2%—down 22% from the last three...
2024 P/C Insurance Combined Ratio Best in More Than a Decade
May 15 2025 // With combined ratios for personal and commercial lines landing only 0.4 points apart last year, the property/casualty insurance industry’s aggregate 2024 combined ratio was 96.5—marking the lowest figure since...
Zurich Insurance P/C Revenue Rises in 1st Quarter; Targets Affirmed
May 8 2025 // Zurich Insurance reported higher first-quarter revenue and gross written premiums at its core property/casualty (P/C) business on Thursday, maintaining its targets despite instability in the crucial U.S....
Viewpoint: Challenging P/C Market Generates Opportunities for Surplus Lines’ Writers
May 8 2025 // The U.S. surplus lines market notched double-digit year-over-year (YoY) premium growth from 2018-2023, as wholesale brokers tapped this market with greater frequency to explore coverage solutions for businesses amid...
People Moves: 3 Key Exec Roles Filled in Everest Wholesale Business; Willis Appoints Merker to Lead P/C Broking Sales
Apr 25 2025 // Everest of Warren, New Jersey, made three key leadership appointments to the company’s U.S. wholesale business, Everest Evolution. Matt Meserole Matt Meserole has been named head of excess casualty, overseeing the...
Navion Acquires P/C Business of Instasure in California
Apr 21 2025 // Navion insurance Associates Inc. acquired the property/casualty book of business from Instasure in California. Instasure is an insurance agency that specializes in serving the commercial insurance needs of clients. Navion...
US P/C Insurance Industry Income Tops $100B in 2024: Verisk, APCIA
Apr 7 2025 // The U.S. 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...
AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years
Apr 7 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit. AM Best in a “First Look” at U.S. P/C financial results said the industry left 2024 with a...
Florida’s Universal P&C Overstated Claims to Cat Fund, Must Pay $4M Fine, AG Says
Apr 2 2025 // The Florida Hurricane Catastrophe Fund will not have to pay some $30 million to Universal Property & Casualty Insurance Co., after the carrier settled a civil suit that alleged the insurer had backdated claims to boost...
People Moves: JM Wilson Promotes Staruch, Dodd and Ladik and Re-Hires Snyder-Knutson; Huntington Hires Weaver as Senior Director of P&C
Apr 1 2025 // JM Wilson Promotes Staruch, Dodd and Ladik and Re-Hires Snyder-Knutson Natalie Staruch JM Wilson, headquartered in Portage, Michigan, Natalie Staruch was promoted to executive property & casualty (P&C) underwriter....
People Moves: Everest Re Taps Haines From Carpenter as Global Head of Engineering; MGA Aqueous Promotes Dorrell to New Role as Head of P/C
Mar 27 2025 // This edition of International People Moves details appointments at Everest Re and the MGA Aqueous Underwriting. A summary of these new hires follows here. Everest Re Taps Haines From Carpenter as Global Head of...
US P/C Insurance Industry Income Tops $100B in 2024: Verisk, APCIA
Mar 21 2025 // The U.S. 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...
AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years
Mar 18 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit. AM Best today in a “First Look” at US P/C financial results said the industry left 2024 with...
Not Only the Fires Are Wild: California and the P&C Market Outlook
Mar 18 2025 // This post is part of a series sponsored by AgentSync. After years of watching insurance carriers exit the California property and casualty market, the state may see another exodus in the wake of the January 2025 wildfires...
US P/C Industry Improves Despite 2024 Underwriting Loss: Changes in Personal Lines Segment Driver of Expected Improvement
Mar 10 2025 // The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection, most notably in the personal lines sector. A report from industry...
People Moves: Incline P&C Group Adds Wafer as Independent Director
Feb 24 2025 // Incline P&C Group, a leading insurance program market services firm, has elected Thomas Wafer to the Board of Directors of each of its insurance carriers as an independent director. Wafer brings over 40 years of...
Chubb Posts Record P/C Underwriting Income for Q4 and 2024
Feb 24 2025 // Chubb posted record property/casualty underwriting income of about $1.6 billion, up 3.8% during the last quarter of 2024. Fourth-quarter net income was down 22% to about $2.6 billion compared to the same period a year ago,...
AM Best: US P/C Industry Improves Despite 2024 Underwriting Loss
Feb 21 2025 // The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection. A report from industry rating agency AM Best this week said U.S. P/C...
