Extreme hailstorms are becoming more frequent in mid-US states; last year the US renewables market experi...
After sizable surplus slide, Calif. auto insurer reiterates rate hike urgency
Weeks after warning that the lack of rate increases on its California private-passenger auto book "puts [our] ability to continue business at...
Weeks after warning that the lack of rate increases on its California private-passenger auto book "puts [our] ability to continue business at...
Article / 24 days ago
Texas approves most impactful homeowners rate hikes in Q4'22
U.S. states employ a variety of rate regulation mechanisms, including prior approval, modified prior approval, file and use, and use and file....
U.S. states employ a variety of rate regulation mechanisms, including prior approval, modified prior approval, file and use, and use and file....
Article / 1 month ago
After lengthy COVID delay, California approves multiple auto rate hikes in Q4'22
After a moratorium that lasted for more than two years following the start of the COVID-19 pandemic, California finally started to approve personal auto insurance...
After a moratorium that lasted for more than two years following the start of the COVID-19 pandemic, California finally started to approve personal auto insurance...
Article / 2 months ago
Reinsurers to attract fresh capital after Jan. 1 wins
While insurers may have winced at the spike in property-catastrophe prices at the Jan. 1 renewals, the resulting rate hikes and new policy terms should spur investor interest in the reinsurance space....
While insurers may have winced at the spike in property-catastrophe prices at the Jan. 1 renewals, the resulting rate hikes and new policy terms should spur investor interest in the reinsurance space....
Article / 2 months ago
US P&C 2023 outlook: reinsurance costs, M&A slowdown, E&S evolution
A hard market, higher reinsurance costs and ongoing low M&A activity are in the cards for property and casualty insurers in the new year.
A hard market, higher reinsurance costs and ongoing low M&A activity are in the cards for property and casualty insurers in the new year.
Article / 3 months ago
Jan. 1 renewals to be late and tough as reinsurers overhaul prices, terms
A wrecked car sits on a buckled roadway in Matlacha, Fla. in the wake of Hurricane Ian. Losses from Ian have helped make Jan. 1, 2023 renewals one of the most challenging in recent years....
A wrecked car sits on a buckled roadway in Matlacha, Fla. in the wake of Hurricane Ian. Losses from Ian have helped make Jan. 1, 2023 renewals one of the most challenging in recent years....
Article / 3 months ago
California takes pole position on commercial auto rate increases in Q3
U.S. states employ a variety of rate regulation mechanisms, including prior approval, modified prior approval, file and use, and use and file....
U.S. states employ a variety of rate regulation mechanisms, including prior approval, modified prior approval, file and use, and use and file....
Article / 4 months ago
Texas approves $455.5M in homeowners rate increases across Q3
Regulators in the Lone Star State approved 53 rate hikes, and Liberty Mutual and Farmers were two of the biggest beneficiaries...
Regulators in the Lone Star State approved 53 rate hikes, and Liberty Mutual and Farmers were two of the biggest beneficiaries...
Article / 5 months ago
La. insurance regulator 'optimistic' on cat reforms despite reinsurance squeeze
Louisiana's insurance commissioner hopes the state's new capital rules will spur carriers to buy more reinsurance even though coverage is getting...
Louisiana's insurance commissioner hopes the state's new capital rules will spur carriers to buy more reinsurance even though coverage is getting...
Article / 5 months ago
US P&C insurers in line for higher revenues, lower EPS in Q3
Revenues at 10 of the largest publicly traded U.S. property and casualty insurers are expected to increase year over year in the third quarter, while...
Revenues at 10 of the largest publicly traded U.S. property and casualty insurers are expected to increase year over year in the third quarter, while...
Article / 5 months ago
