Property - North America

News, insights and thought leadership for re/insurance professionals with an interest in North American property.

US P/C Commercial Lines See Pricing, Underwriting Improvement

US P/C Commercial Lines See Pricing, Underwriting Improvement

The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised for f...

Article / 4 days ago

Premium renewal rates rise in April for most lines: Ivans - Business Insurance

Premium renewal rates rise in April for most lines: Ivans - Business I...

Premium renewal rates rise in April for most lines: Ivans - Business Insurance

Commercial auto, business owners policy, general liability and workers compensation saw month-over-month premium renewal rate increases, while commercial property...

businessinsurance.com / Article / 18 days ago

Commercial insurance prices up 11% in Q1 - IB

Commercial insurance prices up 11% in Q1 - IB

Commercial insurance prices up 11% in Q1 - IB

Global commercial insurance prices rose 11% in the first quarter, according to Marsh’s Global Insurance Market Index...

insurancebusinessmag.com / Article / 25 days ago

Prices rise for all major commercial lines but comp: Ivans - Business Insurance

Prices rise for all major commercial lines but comp: Ivans - Business Insurance

All major commercial lines of business saw positive first-quarter 2022 premium renewal rate changes, except wo...

businessinsurance.com / Article / 26 days ago

Marsh: US commercial insurance rate increases decelerate to 12% in Q1

Marsh: US commercial insurance rate increases decelerate to 12% in Q1

Marsh: US commercial insurance rate increases decelerate to 12% in Q1

Insurance pricing increased by 12 percent in the US in the first quarter of 2022, a modest deceleration from increases of 14 percent in the prior quarter...

Article / 26 days ago

Moderation but challenges remain

Moderation but challenges remain

Prices increases in most US commercial lines are moderating, and capacity is returning, but social inflation, ...

Article / 1 month ago

Commercial prices continue to increase in Q1: MarketScout - Business Insurance

Commercial prices continue to increase in Q1: MarketScout - Business Insurance

Commercial insurance rates continue to rise as the composite rate increase for the first quarter of 2022 was 6...

businessinsurance.com / Article / 2 months ago

Lawsuit alleges power line sparked Colorado wildfire - AP

Lawsuit alleges power line sparked Colorado wildfire - AP

Lawsuit alleges power line sparked Colorado wildfire - AP

The first lawsuit filed in connection with a wildfire that destroyed over 1,000 homes and other buildings in suburban Denver claims...

apnews.com / Article / 2 months ago

Coal industry on notice for cleanup - Business Insurance

Coal industry on notice for cleanup - Business Insurance

Companies with coal ash facilities should review their insurance coverage as they face regulatory enforcement ...

businessinsurance.com / Article / 2 months ago

Gallagher Re’s Vickers: Inflation “a pressure point” in overall stable Japanese renewals - Insurer TV

Gallagher Re’s Vickers: Inflation “a pressure point” in overall stable Japanese renewals - Insurer TV

Low catastrophe activity in Japan in recent months stymied rate rises for reinsurers in the region at the 1 Ap...

Article / 2 months ago

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US P/C Commercial Lines See Pricing, Underwriting Improvement

US P/C Commercial Lines See Pricing, Underwriting Improvement

The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised ...

Florida Citizens CFO says risk transfer markets in "disarray"

Florida Citizens CFO says risk transfer markets in "disarray"

The CFO of Florida's Citizens Property Insurance Corporation said today that the reinsurance risk transfe...

Florida insurance commissioner named in lawsuit - IB

Florida insurance commissioner named in lawsuit - IB

Two insurers have also been named as defendants...

TWIA renewal FoT's imply ~29% increase in reinsurance rate-on-line YoY

TWIA renewal FoT's imply ~29% increase in reinsurance rate-on-line YoY

Firm order terms (FOT's) for the 2022 traditional reinsurance renewal for the Texas Windstorm Insurance A...

Climate change is hurting insurers - Reuters

Climate change is hurting insurers - Reuters

Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its...

FedNat details Florida downsizing plan, says Monarch to be acquired

FedNat details Florida downsizing plan, says Monarch to be acquired

Further details of under pressure U.S. primary insurance carrier group FedNat's plan to reduce its scale ...

How Climate Change Fuels Wildfires, Billions in Damages - Bloomberg

How Climate Change Fuels Wildfires, Billions in Damages - Bloomberg

The US West is at the epicenter of the fury, as the megadrought puts lives and homes in danger...

Model unlocks real-time estimation of large earthquakes and provides earlier warning of tsunamis - The Watchers

Model unlocks real-time estimation of large earthquakes and provides earlie...

Recently discovered speed-of-light prompt elastogravity signals (PEGS) have raised hopes for rapid and re...

How Climate Change Fuels Wildfires, Billions in Damages - Bloomberg

How Climate Change Fuels Wildfires, Billions in Damages - Bloomberg

The link between climate change and wildfire intensity is clear. The US West is at the epicenter of the f...

CSU: (Re)insurers should brace for “above-normal” 2022 Atlantic hurricane season

CSU: (Re)insurers should brace for “above-normal” 2022 Atlantic hurricane s...

In this video, Colorado State University (CSU) researcher Phil Klotzbach tells The Insurer TV the upcomin...