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Texas Regulators: Average Homeowners Rate Filings Swing to 4.3% Drop in Second Half
Statistical Plan for Residential Risks. No hurricanes have made landfall in Texas since Hurricane Beryl came ashore on July 1, 2024. No. 8 writer Texas Farm Bureau Mutual Insurance ...
Source: BestWire   Date: October 12, 2026
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AM Best: First Look – Six-Month 2026 US Property/Casualty Financial Results
View the video version of this interview here. The U.S. P/C industry recorded a $31 billion net underwriting gain in the first six months of 2026, up nearly triple over the gains ...
Source: BestWire   Date: October 9, 2026
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CatIQ Director: Losses Could Reach $395.3 Million From Intense Toronto Area Hail, Windstorms
Caroline Floyd said in a statement. The storms hit with very large hail, damaging wind gusts and torrential rain from Windsor to Ottawa and included multiple tornadoes and ...
Source: BestWire   Date: October 8, 2026
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Court Allowing Oklahoma Attorney General's State Farm Lawsuit to Proceed
... Drummond attempted to intervene in. State Farm said retaining the firm to represent the state flies in the face of the Supreme Court ruling that the two lawsuits should remain ...
Source: BestWire   Date: September 29, 2026
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Estimated Catastrophe Losses Triple for Second Straight Month at Allstate
The event pushed year-to-date U.S. severe convective storm public and private insured losses past $35 billion, said Gallagher Re in a commentary on the Aug. 9-12 storms. The five ...
Source: BestWire   Date: September 17, 2026
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Helvetia Baloise First-Half Profit Hit by Merger Costs
Swiss francs a year ago. Insurance revenue rose to 8.17 billion Swiss francs from 4.62 billion Swiss francs. The combined ratio improved to 92.0 from 93.3. The group said the ...
Source: BestWire   Date: September 17, 2026
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Aon Estimates Single-Digit Billion-Dollar Losses From Stormy Start to September in US, Canada
Aon said in a catastrophe report. It partially destroyed roofs and left structural damage to commercial buildings, also downing trees and causing widespread power outages. Large ...
Source: BestWire   Date: September 11, 2026
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Gallagher Re Estimates Hundreds of Millions in Losses From Single-Day Storms in Toronto Area
Toronto area, according to Gallagher Re. Losses from the severe convective storm outbreak could rise higher, it said in an event commentary, because the storm struck the major ...
Source: BestWire   Date: September 8, 2026
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Gallagher Re Pegs Two Storm Losses at $2.9 Billion
Switzerland and northern Italy the following day. Gallagher Re's loss estimate covers the three countries. It said Raphaela left significantly damaged residential and commercial ...
Source: BestWire   Date: September 4, 2026
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Perils: July Convective Storms in Europe Caused $2.54 Billion in Insured Losses
Perils said the initial estimate will be updated Oct. 19. The SCS were triggered by high-level cool air moving in from the northeast across the continent, according to Perils. The ...
Source: BestWire   Date: September 1, 2026
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Oklahoma Insurance Regulator Reviewing Unsealed State Farm Docs as Part of Roof-Claims Probe
State Farm Fire and Casualty Co.'s handling of roof claims, which was first revealed in December 2025 but had been running for years beforehand (BestWire, Dec. 9, 2025). In ...
Source: BestWire   Date: August 26, 2026
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Allstate Estimates $682 Million in Cat Losses for July
Operating entities of Allstate Corp. currently have a Best's Financial Strength rating of A+ (Superior) to B (Fair). Shares of Allstate Corp. (NYSE: ALL) closed on the afternoon of ...
Source: BestWire   Date: August 20, 2026
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Lawsuit Aims to Force Release of Oklahoma's State Farm Market Conduct Report
August runoff election. Mulready said this decision was to avoid having politicians turn the home insurance issue into a sound bite, but the plaintiffs countered the decision to ...
Source: BestWire   Date: August 19, 2026
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CatIQ Increases Quebec, Ontario Storm Loss Estimate as Commercial Claims Rise
June 30 and July 3, according to Perils subsidiary CatIQ. Commercial losses rose most notably since CatIQ's initial C$374 million loss estimate for the event, the catastrophe ...
Source: BestWire   Date: August 17, 2026
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Swiss Re Institute: Insurers Incurred About $42 Billion in Nat Cats During First Half of Year
Wildfire is the fastest-growing weather peril globally as fire seasons lengthen, geographic risk expands and conditions conducive to events increase in frequency, according to ...
Source: BestWire   Date: August 13, 2026
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Aon: Tornadoes, Wildfires, Earthquake Likely Left Billions of Dollars of Losses Across Three Continents
Chicago area on July 27. State Farm incurred more than 10,500 storm-related auto and home claims across Illinois, Indiana and Wisconsin following July 26-28 severe weather events, ...
Source: BestWire   Date: July 31, 2026
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CatIQ Estimates Losses of $925.8 Million From Jasper Wildfires, $603.5 Million From June Storms
Perils subsidiary CatIQ. The loss footprint for fires was still relatively small, said President and Chief Executive Officer Laura Twidle. "It is an important reminder that even a ...
Source: BestWire   Date: July 22, 2026
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Allstate Estimates $1.72 Billion in Pretax Second-Quarter Catastrophe Losses
Shares of Allstate Corp. (NYSE: ALL) traded on the afternoon of July 16 at $241.23, up 0.73% from the previous close. (By Renée Kiriluk-Hill, senior associate editor, BestWire: ...
Source: BestWire   Date: July 16, 2026
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CatIQ: June Storm Outbreaks Generate Estimated $806.7 Million in Losses in Canada
Canadian insurers incurred an estimated C$1.14 billion ($806.7 million) in losses from two storm outbreaks in June, according to Perils subsidiary CatIQ. The more damaging event ...
Source: BestWire   Date: July 15, 2026
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Aon: Hundreds of Millions in Insured Losses Likely From Storms in Alberta to the Mid-Atlantic
July 2-8, according to Aon. There were widespread power outages in multiple states, some lingering for days amid excessive heat warnings. Severe convective storms centered on ...
Source: BestWire   Date: July 13, 2026
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