Major Losses
Extreme weather losses in Australia exceed AUD 1.8bn in H1’25: ICA
According to new data released by the Insurance Council of Australia (ICA), the total insured cost of extreme weather events in the first half of
July 2, 2025
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Company Updates
Heat brings havoc: Why Allstate sees insurance claims skyrocket during summer
New data shows fire, water, theft and recreational claims spike during summer, but smart preparation can ensure safety The post Heat brings havoc: Why Allstate
July 1, 2025
Company Updates
Allstate completes sale of Group Health business
NORTHBROOK, Ill., July 1, 2025 – The Allstate Corporation (NYSE: ALL) today completed the sale of its Group Health business… The post Allstate completes sale
July 1, 2025
Company Updates
Allstate to hold Q2 2025 earnings call July 31
NORTHBROOK, Ill., June 30, 2025 – The Allstate Corporation (NYSE: ALL) will host a conference call and webcast at 9… The post Allstate to hold
June 30, 2025
Property and Casualty
Florida insurance market expands with two new companies amid continued stabilisation
Florida Insurance Commissioner Mike Yaworsky has announced the addition of two new insurance companies approved to write residential policies in the state, reflecting continued progress
June 30, 2025
Major Losses
Hurricane Erick insured losses expected to be contained: AM Best
Insured losses from Mexico’s Hurricane Erick, which made landfall last week, are expected to be contained, with parametric insurance contracts unlikely to be triggered, according
June 27, 2025
Property and Casualty
Personal auto drives major recovery in US P&C underwriting for 2024: AM Best
The US property and casualty (P&C) insurance sector experienced a significant recovery in 2024, according to AM Best, the credit rating agency. In its latest
June 27, 2025
Major Losses
Severe storms in Europe & US to cause significant insurance losses: Aon
Aon has reported that recent severe convective storm (SCS) activity is expected to drive economic and insured losses into the hundreds of millions of dollars
June 27, 2025
Company Updates
Allstate research shows America has what it takes to improve trust
NORTHBROOK, Ill., June 26, 2025 – America has the desire and resources to improve trust, paving the way for increased prosperity. Allstate’s… The post Allstate research shows
June 26, 2025
Property and Casualty
France’s insurance sector expected to maintain profitability and growth in 2025: S&P
According to a report released by S&P Global Ratings, a provider of credit ratings, the French insurance industry is well positioned to sustain both profitability
June 26, 2025
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