Insurance — Critical Market Shifts: Rising Catastrophe Risk, Auto Rate Changes, and Record P/C Results Shape Insurance Landscape

Insurance · 2026-03-14

Today's developments reveal an industry grappling with multiple strategic pivots across catastrophe risk, pricing dynamics, and operational efficiency. The emergence of new state-level initiatives for catastrophe resilience (California smoke damage standards, Kentucky roof grants) signals a shift toward proactive risk mitigation at the regulatory level. Meanwhile, Allstate's auto rate decrease in…