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Chubb Q2 Net Income Jumps 33% on Premium Growth, Underwriting

Jul 23 2025 // Chubb followed up a challenging first quarter due to the California wildfires with second quarter net income of nearly $3 billion, up about 33% compared to the same quarter a year ago. Second quarter P/C underwriting...

Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans

Jul 21 2025 // Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second quarter 2025 results of the Ivans Index. The Chicago-based technology provider for...

Q2 Composite Personal Lines Rates Up 4.6%; Commercial Up 2.8%

Jul 21 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased in the second quarter by 4.6% compared to 4.9% during the first quarter. Dallas-based MarketScout, a division of Novatae...

US Excess & Surplus Lines Growth Slowed Again in 2024; Berkshire, AIG Top Premium Rankings

Jul 21 2025 // A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4% in 2024, down from 14.5% a year earlier. While growth stayed up in double...

Pennsylvania Regulator Has Nixed $200M in P/C Insurance Rate Hikes in First 6 Months

Jul 17 2025 // The Pennsylvania Insurance Department (PID) reported that its actuaries denied $210.1 million in requested property/casualty (P/C) insurance premium increases in the first six months of 2025, which is more than was saved...

State Farm Implements 27% Rate Increase for Illinois Homeowners

Jul 15 2025 // State Farm is implementing a significant rate hike for Illinois homeowners, citing more frequent severe weather events and rising home replacement costs that are driving up the cost and frequency of claims. The rate hike...

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