The total cost of a Baltimore bridge collapse and associated claims could run into the billions of dollar...
Florida property insurers post income turnaround in 2023
Florida domestic residential property insurers' income in 2023 moved into positive territory for the first time in seven years....
Florida domestic residential property insurers' income in 2023 moved into positive territory for the first time in seven years....
Article / 10 days ago
State Farm facing worst homeowners loss ratio in 2 decades
The insurer's homeowners direct incurred loss ratio for the first three quarters of 2023 was 84%...
The insurer's homeowners direct incurred loss ratio for the first three quarters of 2023 was 84%...
Article / 3 months ago
US REIT same-store net operating income slightly improves in Q3
Publicly-traded US equity real estate investment trusts saw a slight improvement in same-store net operating income during the third quarter, posting...
Publicly-traded US equity real estate investment trusts saw a slight improvement in same-store net operating income during the third quarter, posting...
Article / 4 months ago
A ray of sunshine for Florida's troubled residential property insurance market
For the first time in three years, Florida's struggling domestic residential property insurers have posted a quarterly profit....
For the first time in three years, Florida's struggling domestic residential property insurers have posted a quarterly profit....
Article / 8 months ago
Heavy weather losses forecast for P&C insurers' Q2 2023 earnings season
Most of the largest publicly traded US property and casualty insurers are set to report year-over-year revenue gains in the second quarter, although...
Most of the largest publicly traded US property and casualty insurers are set to report year-over-year revenue gains in the second quarter, although...
Article / 8 months ago
US property and casualty insurers' earnings ride on management of personal auto
Most of the largest publicly traded US property and casualty insurers are set to book sequential and year-over-year increases in revenues in the...
Most of the largest publicly traded US property and casualty insurers are set to book sequential and year-over-year increases in revenues in the...
Article / 11 months ago
Fla. residential property insurers post back-to-back $1B+ losses
Costs associated with litigation and Hurricane Ian pushed Florida's domestic residential property insurers deeper into the red in 2022....
Costs associated with litigation and Hurricane Ian pushed Florida's domestic residential property insurers deeper into the red in 2022....
Article / 12 months ago
Fla. homeowners market accounts for majority of insurers liquidated in '22
Property and casualty underwriters made up the bulk of U.S. insurers placed into receivership in 2022 for the the sixth straight year, according to...
Property and casualty underwriters made up the bulk of U.S. insurers placed into receivership in 2022 for the the sixth straight year, according to...
Article / 1 year ago
Hurricane Ian exacerbates misery for Florida's tired P&C players
The devastation of Hurricane Ian has added to the financial strain under which the carriers that constitute the troubled Florida domestic residential insurance...
The devastation of Hurricane Ian has added to the financial strain under which the carriers that constitute the troubled Florida domestic residential insurance...
Article / 1 year ago
E&S premiums accounting for larger share of US property and casualty market
Premium dollars continue to flow into the U.S. excess and surplus market, which constituted 8.7% of the country's total property and casualty industry...
Premium dollars continue to flow into the U.S. excess and surplus market, which constituted 8.7% of the country's total property and casualty industry...
Article / 1 year ago