Personal Lines
Verisk, APCIA See ‘Reset’ Rather Than New Normal in Stellar ’25 Results
In a joint report of U.S. property/casualty insurance industry financial results yesterday, Verisk and the American Property Casualty Insurance Association revealed the same eye-popping level of ...
‘Too Much Space,’ Says State Farm CEO on Shuttering Corporate HQ
State Farm will be moving 13,000 of its 62,000 employees who now work in its Corporate Headquarters and the Illinois Operations Center in Bloomington, Ill., to another location— Corporate ...
AM Best Analysis: P/C Industry Soared in 2025. Will It Fly as High in 2026?
Building off momentum from the previous year, the U.S. property/casualty (P/C) industry recorded a $61 billion underwriting gain in 2025—nearly triple the $22 billion recorded in 2024. With nearly ...
Hippo, Progressive Embark on Strategic Distribution Relationship
InsurTech Hippo announced that its homeowners insurance products have been added to Progressive's HomeQuote Explorer, available online and through Progressive in-house agents in eight states. Hippo ...
JD Power: Homeowners Claims Satisfaction Rises as Repair Times Improve
A combination of faster repair and payment cycle times, along with enhanced digital capabilities, has helped drive significant improvements in the overall customer experience with the property claims ...
P/C Industry Loss Reserves Redundant by More Than $20B: Assured Research
The year-end 2025 carried loss reserve position for the property/casualty insurance industry is more than $20 billion redundant, according to a loss reserve analysis published this week by Assured ...
U.S. Home Insurance Prices Set to Keep Rising With Severe Weather
U.S. home insurance premiums are set to rise for a fifth straight year in 2026 as insurers grapple with losses from extreme weather and high rebuilding costs. The average annual premium is projected ...
Prices for New Cars Have Soared. Here’s One Big Reason Why
The U.S. car business is grappling with a stubborn affordability problem, one that threatens to relegate more Americans to the used-car lot and leave automakers vulnerable to lower-priced ...