Allstate 2Q Estimated Catastrophe Losses Decline to $1.99 Billion: Allstate Corp. estimated pretax catastrophe losses for the second quarter declined to $1.99 billion from $2.12 billion in prior-year quarter.
The carrier ...
Date: July 17, 2025
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California Regulator Orders 'Illegal' Heath Carrier to Cease Business: The California Department of Insurance sent a cease-and-desist order to Innovative Partners LP, which the regulator said acted illegally as an insurance ...
Date: July 16, 2025
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Gallagher Re: Large Chunk of $84 Billion Weather Cat Losses in First Half Falls to US Insurers: U.S. insurers incurred 92% of the first half's $84 billion in estimated global insured weather or climate-related losses, which is another sign of the toll ...
Date: July 16, 2025
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US Cargo Thefts Reach ‘Unprecedented’ Level, NICB Tells Congress: Cargo theft in the United States has hit an unprecedented level, with the value of stolen goods and estimated losses surpassing $1 billion in 2023 for the ...
Date: July 16, 2025
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Progressive 2Q Net Income More Than Doubles to $3.18 Billion: Progressive Corp. net income more than doubled in the second quarter to $3.18 billion from $1.46 billion in the prior-year period, as it swung to a gain on ...
Date: July 16, 2025
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AM Best Affirms Credit Ratings of N&D Union Mutual Insurance Group Members: AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) for the ...
Date: July 15, 2025
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TWIA Committee Recommends No Rate Changes for 2026: The Texas Windstorm Insurance Association's Actuarial and Underwriting Committee voted 5 to 2 to recommend no rate change for the 2026 coverage year.
The ...
Date: July 15, 2025
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New Hampshire Insurance Fraud Director Position Blocked Over Salary Objections: The New Hampshire Executive Council again rejected a request from the insurance department to hire an insurance fraud director at a July 9 meeting, with many ...
Date: July 14, 2025
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SEC Moves for Discovery on Cutter Financial’s Post-Trial Remarks: The U.S. Securities and Exchange Commission wants to examine post-trial remarks made by Cutter Financial Group LLC and its proprietors after a Massachusetts ...
Date: July 14, 2025
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AM Best to Host Webinar on How Insurance Carriers Can Outsmart Cybercriminals: AM Best will host a complimentary webinar, titled, “Fortifying the Future: How Insurance Carriers Can Outsmart Cybercriminals with Multi-Layered Identity Fraud ...
Date: July 14, 2025
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