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Navion Acquires P/C Business of Instasure in California

Apr 21 2025 // Navion insurance Associates Inc. acquired the property/casualty book of business from Instasure in California. Instasure is an insurance agency that specializes in serving the commercial insurance needs of clients. Navion...

US P/C Insurance Industry Income Tops $100B in 2024: Verisk, APCIA

Apr 7 2025 // The U.S. property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income to $170 billion, according to a joint report from Verisk and The American Property...

AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years

Apr 7 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit. AM Best in a “First Look” at U.S. P/C financial results said the industry left 2024 with a...

Florida’s Universal P&C Overstated Claims to Cat Fund, Must Pay $4M Fine, AG Says

Apr 2 2025 // The Florida Hurricane Catastrophe Fund will not have to pay some $30 million to Universal Property & Casualty Insurance Co., after the carrier settled a civil suit that alleged the insurer had backdated claims to boost...

People Moves: JM Wilson Promotes Staruch, Dodd and Ladik and Re-Hires Snyder-Knutson; Huntington Hires Weaver as Senior Director of P&C

Apr 1 2025 // JM Wilson Promotes Staruch, Dodd and Ladik and Re-Hires Snyder-Knutson Natalie Staruch JM Wilson, headquartered in Portage, Michigan, Natalie Staruch was promoted to executive property & casualty (P&C) underwriter....

People Moves: Everest Re Taps Haines From Carpenter as Global Head of Engineering; MGA Aqueous Promotes Dorrell to New Role as Head of P/C

Mar 27 2025 // This edition of International People Moves details appointments at Everest Re and the MGA Aqueous Underwriting. A summary of these new hires follows here. Everest Re Taps Haines From Carpenter as Global Head of...

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