Insurers

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The regionals continue to find success in small and middle market business, as their pivot to a commercial focus has benefitted them.

Hurricane Ian, interest rate impact and the cooling economy will be the main themes this earnings season.

The rate increase was attributed to increased reinsurance costs during this year’s hurricane season.

With pricing decelerating and loss-cost trends potentially reversing, regionals should continue to execute on their present strategy.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The firm’s specialty pivot seems to be paying off in premium growth and value creation.

The transfer comes a day after FedNat transferred majority ownership of Monarch to Hale Group.

The Catastrophe Reform Package passed the 2022 Legislative Session to provide relief for policyholders struggling in the aftermath of Hurricane Ida.

The carrier will start with offering roadside assistance support for Allianz Colombia’s auto insurance customers.

The ratings agency also cut the insurer’s long-term issuer credit rating to A- from A, but maintained the "stable" outlook for the ratings.

The move is part of the process that allows the Louisiana Insurance Guaranty Association (LIGA) to take over claim payments, ensuring most policyholders with pending hurricane claims will get paid.