Client relationships are tested when the storm hits
For millions of policyholders in storm-prone regions, the Atlantic hurricane season is when their relationship with their insurer is most likely to be tested.
The latest news, regulation and trends in property & casualty insurance.
For millions of policyholders in storm-prone regions, the Atlantic hurricane season is when their relationship with their insurer is most likely to be tested.
When an AI system produces a faulty output, an infringing piece of content or a downstream business loss, the question of who pays has quietly changed.
Americans are carrying nearly $1.7 trillion in auto loan debt, more than $13,800 per household. Experts say that isn’t a good recipe for financial success.
Lawrence County residents are invited to learn about their flood risk and new flood maps at an open house hosted by the Federal Emergency Management Agency July 22 at Lisbon Town Hall. On April 10, FEMA released a preliminary Flood Insurance Rate Map for St. Lawrence County for the public to see and comment on. FEMA, the New York State Department of Environmental…
Quick links: 5- years of insurer losses/profits| Reader poll: Expensive insurance| Denver plans for 10,000 jobs| Cash App's $1.7 M settlement with state| Aurora job fair. Colorado has adopted new laws and programs to address rising insurance costs and the scarcity of homeowners policies in risky areas. "To address the affordability challenges that we have in the…
Krista Jean Sturgis, 55, of the 200 block of Albee Road in Nokomis, was charged with DUI-fourth or subsequent offense, a third-degree felony; driving while license suspended; failure to have motor vehicle liability insurance; and refusal to submit to DUI testing. She's in the Sarasota County Jail on bond of $16,300. According to a Sarasota County Sheriff's Office…
a-url= " https://www.eurasiareview.com/10072026-insurance-denials-for-brand-name-prescription-drugs-rose-sharply-from-2018-to-2024/" data-a2a-title= "Insurance Denials For Brand-Name Prescription Drugs Rose Sharply From 2018 To 2024">. A new study led by researchers at the Johns Hopkins Bloomberg School of Public Health and the American…
Their insurance carrier was pulling out of Nevada, citing the risk from wildfires and other disasters. The Millers, who had lived in their southwest Reno home for several years, said they were in good standing and their neighborhood is a designated Firewise community. But because their property is in the Mount Rose Highway corridor, where more and more houses are…
With wildfires burning in western and southern Colorado, insurance agents like Emily Trujillo in Silver Cliff have seen an uptick in customer calls about their policies. But with Aspen Acres wildfire burning just 15 miles away from her office, Trujillo had to turn down a handful of folks hoping to buy new coverage. There are moratoriums due to the nearby…
Mile Auto, Inc., an AI-driven managing general agent and pioneer in pay-per-mile auto insurance, today announced its acquisition of The Insurance House, Inc. effective as of July 1, 2026. With nearly $100 million in annual premium, the combined organization serves more than 55,000 policyholders and 1,600 independent insurance agencies across 10 states.
Now that we’ re into hurricane season, which runs from June 1 to Nov. 30, it’ s important to know what to do during and after the storm. As I said in a previous column, preparation is the key. Make sure you have adequate homeowners’ insurance and a flood insurance policy.
Last year was a good one for Texas home insurers. Statewide, rates increased by an average of 4.3% in 2025, according to the Texas Department of Insurance. Rates in Texas are among the highest in the country, largely because climate change is increasing the frequency and severity of storms.
2026 JUL 09– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ THE HARTFORD” by Cedric DeLaCruz The Hartford Financial Services Group, Inc., representing Hartford Fire Insurance Company. The registrar information for this…
RLI Corp. today announced it has been named to the Ward’s 50 ® list of top-performing insurance companies for the 36th consecutive year. "We’ re honored that RLI has been named to Ward’s Top 50 for the 36th consecutive year," said RLI Corp. President& CEO Craig Kliethermes. The Ward’s 50 ® Top-Performing insurance companies list recognizes property-casualty…
Illinois has seen the 7th- greatest cumulative increase in average home insurance rates from 2020 to 2025, according to a recent analysis. “There has been a rise in claims in Illinois over the past few years, primarily driven by climate patterns and weather,” Frank Manzo IV, an economist with the Illinois Economic Policy Institute, told the News-Democrat in a…
"Pools are no longer considered amenities by insurers; they're treating them as liabilities when underwriting, period," said Kate Wilhelms, director of marketing and operations at Gateway Realty Group in St. Louis. Drowning is the leading cause of death for children ages 1 to 4 and the second leading cause of unintentional injury death for children ages 5 to 14,…
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to China Ping An Insurance Company Limited. The ratings also reflect the support of its affiliated company, Ping An Property& Casualty Insurance Company of China, Ltd.. CPAHK acts as a vital link for Ping An P&C’ s GBA initiatives in Hong Kong/ mainland China cross-border…
Judge Joseph M. Shortall's order, issued Wednesday, comes days after the lawyer for the winning bidder, Edward A. Marchion of Newington, asked the court to reopen the judgement after a title insurance company raised doubt on whether the foreclosure was legally defective. On June 14, three bodies were found inside the secluded home on Stanwich Lane by the new…
OKLAHOMA CITY— Allstate Insurance Co. was accused Tuesday of engaging in a scheme to pump up corporate profits by underpaying on claims filed by Oklahomans to cover storm damages on homes. Similar lawsuits, including one filed by a Broken Arrow couple, have been filed against State Farm Fire and Casualty. "This lawsuit is about protecting Oklahoma homeowners…
FEMA and Chippewa County officials invite residents to join the open house in Chippewa Falls or via Zoom on Wednesday, July 15, from 4 to 7 p.m. to learn about flood risk and flood insurance after the release of preliminary flood maps. Homeowners, renters and business owners in Chippewa County are encouraged to attend and meet with experts one-on-one to view their…
Carlos Gutama, 28, of Meriden was arrested Tuesday and charged with one count of noncompliance with insurance requirements, according to the state Division of Criminal Justice. DCJ officials identified Gutama as one of the owners of C&D Gutama Construction, LLC, in Meriden. According to the arrest warrant affidavit supporting the charges, authorities found…
MGT, the leading AI-native neo-insurer modernizing commercial P&C insurance, today announced the appointment of Jack Ramsey, CLU, LUTCF, as Vice President of Revenue to lead distribution, marketing and go-to-market strategy as the company continues expanding its platform for small businesses and the agents who serve them. His more than 35- year insurance…
Similar lawsuits, including one filed by a Broken Arrow couple, have been filed against State Farm Fire and Casualty. "This lawsuit is about protecting Oklahoma homeowners and holding insurance companies accountable when they fail to honor the promises they make to policyholders," Drummond said in a media statement. The AG filed a similar lawsuit against State…