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Property Insurance News


02/09/2026 03:08 PM
Public Safety Power Shutoffs Expand Beyond California Amid Growing Wildfire Risk
Utilities across the West are increasingly cutting power during high-risk weather, reshaping wildfire prevention strategies and claims exposure for insurers.

02/09/2026 02:36 PM
Legacy Data Architectures Keep Insurance AI Stuck in Pilot Mode
Legacy data systems built for reporting, not real-time decision-making, are preventing insurers from moving AI tools into daily underwriting and claims operations.

02/06/2026 09:39 AM
Why Bloomberg Says Premium Caps Could Worsen the Homeowners Insurance Crisis
A Bloomberg editorial urges policymakers to focus on resilience, legal reform, and mitigation rather than capping rates or penalizing insurers as premiums climb nationwide.

02/06/2026 08:34 AM
Washington Landlord Sues State Farm Over Seven-Adjuster Water Damage Claim
A Spokane Valley landlord alleges repeated adjuster turnover and underpayment left a rental property uninhabitable for months and triggered lien filings and litigation.

02/04/2026 04:04 PM
Winter Storm Fern Losses Could Reach $4B, Verisk Estimates
Freeze-related property damage and power outages across 14 states are driving insured losses that could make Fern one of the costliest winter storms on record.

02/04/2026 02:24 PM
2026 P/C Market Forecast: Competition Rises, Combined Ratios Improve, AI Expands
Fitch expects broader P/C softening in 2026, while Morningstar says casualty pricing will stay out of step due to litigation and severity. Early earnings-call commentary shows carriers leaning on portfolio mix, disciplined underwriting, and AI tools to protect margins.

02/02/2026 01:08 PM
Deep Freeze Hits Southeast With Snowstorms, Widespread Claims, and Florida Crop Risk
A prolonged Arctic outbreak brings snow, crashes, power outages, and freeze losses across the Southeast, raising claim concerns from auto accidents to Florida citrus damage.

02/02/2026 12:04 PM
California Climate Disclosure Laws Face First Amendment Test in Federal Appeal
Business groups argue California’s climate reporting mandates compel political speech and impose nationwide compliance burdens as the Ninth Circuit weighs constitutional limits.

01/28/2026 11:06 AM
State Farm Reports 1,200+ Claims as Winter Storm Fern Triggers Frozen Pipe and Tree Damage
Frozen pipes, downed trees, and power outages are expected to drive additional property and auto claims as extreme cold persists across the Central and Eastern US.

01/28/2026 10:59 AM
Cargo Theft Losses Jump 60% to $725M as Organized Crime Targets High-Value Freight
Even with little change in total incidents, organized theft rings pushed average cargo theft values sharply higher in 2025.