Philadelphia Insurance News
Three Insurers Join Ward’s Annual Top 50 P/C Ranking for 2025
Property/casualty insurers have started to broadcast the fact that they have earned spots on Ward's list of 50 top-performing insurance companies for 2025, but only one was named for 35 straight ...
Erie Insurance: ‘No Evidence’ of Ransomware in Outage; TMNA Updates
Erie Insurance said it has "seen no evidence of ransomware and there is no indication of ongoing threat actor activity" in a June 17 update on its 10-day long network outage. That statement would ...
Buckle Up for Interesting Times: Not a ‘Standard’ Hard Market
Interesting. Fluctuating. Moderating. Fun. Those are the words that Patrick M. Gallagher, the chief executive officer of Gallagher Global Brokerage for the Americas, used to respond to a question ...
Employees Saying Adios to Carriers, Brokers Requiring Work in Office
During a session of an insurance industry webinar titled "State of the Insurance Marketplace," the war for talent was discussed just as much as the hard or moderating property/casualty insurance ...
Philadelphia Insurance Acquires New York Accident & Health MGA
Philadelphia Insurance Companies is acquiring a managing general agent for group accident & health insurance, a deal that gives it new platform from which to sell its core offerings. The ...
S&P Ups Philadelphia Insurance Rating to ‘AA-‘
Philadelphia Insurance Companies announced Tuesday that Standard & Poor's upgraded the company's financial strength to "AA-" from "A+" last week. S&P's action, lifting the ratings of the ...
Philadelphia Insurance, Travelers Donate for Typhoon Relief
Philadelphia Insurance Companies and The Travelers Companies, Inc . each announced donations to the American Red Cross last week to provide relief to the people affected by Typhoon Haiyan in the ...
PHLY’s New CEO Looks Ahead To Innovation & Profit
Philadelphia Insurance celebrated its 50 anniversary last year—before Robert O'Leary took the helm as chief executive officer. A video on the company's website commemorating the event ends with ...