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1 week ago | 
propertycasualty360.com | Brittney Meredith-Miller
Insurance customer behavior is evolving across many sectors, and travel insurance is no exception. Travel insurer battleface recently analyzed U.S. single-trip travel policies from April through June 2025 and compared their findings to the year before to identify where customer behaviors are shifting. One of the most obvious changes they uncovered is an increase in the number of people purchasing travel medical coverage.
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1 week ago | 
propertycasualty360.com | Brittney Meredith-Miller
The lawsuit, led by Ireland’s AerCap and Dubai Aerospace Enterprise, was focused on 147 jets, as well as some engines, with an estimated total value around $4.7 billion. (Credit: AdobeStock) London’s high court has ruled that aircraft lessors can recover over $1 billion from insurers for jets that have been stuck in Russia since its invasion of Ukraine in 2002.
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2 weeks ago | 
propertycasualty360.com | Brittney Meredith-Miller
The prospect of driving around unknown areas can make even the most seasoned traveler nervous. The ease of navigating an area depends on several factors, like the area’s road signs and markings, the layout of the roads, the number of intersections, local traffic laws and rush hour traffic surges. DiscoverCars.com recently surveyed nearly 6,000 customers to determine which states and countries are the easiest for drivers to navigate.
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2 weeks ago | 
propertycasualty360.com | Brittney Meredith-Miller
The bill also targets income proxies, which are sometimes used in the determination of auto rates when information about a person’s income is unavailable. (Credit: Rido/Adobe Stock) A bill that would change the way auto insurance premiums are determined has been reintroduced in the U.S. House of Representatives. The Prohibit Auto Insurance Discrimination Act, or PAID Act, challenges what many argue are discriminatory considerations for determining a person’s auto insurance rates.
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2 weeks ago | 
propertycasualty360.com | Brittney Meredith-Miller
In the wake of the January 2025 LA wildfires, many homeowners found that they were underinsured. (Credit: Pierce/Adobe Stock) California homeowners affected by January’s Los Angeles wildfires have filed suits against USAA and AAA, alleging both insurers participated in "systemic" fraud by deceiving policyholders about the extent of their coverage. The complaints, both filed by law firm Bentley & More, are nearly identical aside from which insurer is mentioned.
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2 weeks ago | 
propertycasualty360.com | Brittney Meredith-Miller
The community of Steinhatchee, Fla., returned to their small town after the Cat. 4 Hurricane Helene battered the West Coast of Florida in September 2024, only to find it devasted by the storm's destructive winds and over ten-foot storm surge. (Credit: Brigida Sanchez/U.S. Army Corps of Engineers, Jacksonville District) Recent premium increases, surplus growth and legislative changes in Florida have reinsurers well positioned for the 2025 hurricane season, Fitch Ratings reports.
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3 weeks ago | 
propertycasualty360.com | Brittney Meredith-Miller
Internal Revenue Service building in Washington, D.C., on January 12, 2022. (Credit: Diego M. Radzinschi/ALM) Insurer SRA 831(b) Admin, along with Drake Insurance Company and Drake Plastics, has filed a lawsuit against the U.S. Internal Revenue Service targeting what they assert is a multi-year pattern of regulatory overreach targeting the 831(b) captive insurance industry.
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3 weeks ago | 
propertycasualty360.com | Brittney Meredith-Miller
According to Squaremouth’s data, 48% of travelers say flight delays or cancellations are their top summer concern. (Credit: nadezhda1906/Adobe Stock) Summer is upon us, and vacation plans made in the chilly winter months are finally coming to fruition. Around 70% of Americans are planning a trip this summer, Squaremouth reports, but many of them are nervous about their adventure because of mounting flight delays and travel disruptions.
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3 weeks ago | 
propertycasualty360.com | Brittney Meredith-Miller
The rate agreement prohibits the Rate Bureau from undertaking any efforts to raise rates again before June 2027. (Credit: nd700/Adobe Stock) North Carolina homeowners saw their insurance premiums increase an average of 7.5% on June 1, with another 7.5% increase slotted for June 2026. State Insurance Commissioner Mike Causey announced the rate increases in January. Your access to unlimited PropertyCasualty360 content isn’t changing.
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3 weeks ago | 
propertycasualty360.com | Brittney Meredith-Miller
Progressive reports that in 2024 it contributed over $7 million to help families achieve homeownership, and this program is an expansion of that effort. (Credit: Petrik/Adobe Stock) Over the last three decades, the median wealth gap between homeowners and renters has climbed 70%, according to The Urban Institute. This unprecedented indifference has made it difficult for many to go from renting to purchasing their own home, which can impede efforts to build generational wealth.
