Assured Guaranty Ltd. announced that Kroll Bond Rating Agency, LLC has affirmed the AA+ insurance financial strength ratings of Assured Guaranty Inc. and its insurance subsidiaries, Assured Guaranty UK Limited and Assured Guaranty SA. “substantial claims-paying resources”“ formal risk management framework”“ disciplined underwriting and surveillance”“…
Pritzker signs bills allowing state to review insurance rate hikes
Prior to the bill signings, Illinois was one of only two states, with Wyoming, that did not exercise regulatory control over insurance rates. The new laws come a little more than a year after Illinois- based State Farm announced it was raising homeowners insurance rates an average 27.2% statewide. In addition, State Farm recently noted that auto insurance rates…
PLEASANT GROVE, UTAH- August 5, 2026- Insurance Canopy, a national leader in small business and vendor insurance solutions, is pleased to announce expanded access to its event insurance offerings within FirstService Residential managed communities. "This program gives residents and associates at FirstService Residential communities access to a single…
NASHVILLE— Going back to school is an exciting time for students, educators, and parents. As the school year gets underway across the state, the Tennessee Department of Commerce and Insurance remindsconsumers that education doesn't stop in the classroom. TDCI's Insurance Division offers insurance tips and reminders to help make your back-to-school season…
In the case, Billy and Lacy Hursh allege that State Farm wrongfully denied them payment on a legitimate claim for roof damage after a hailstorm. Oklahoma Attorney General Gentner Drummond has similar cases pending separately against both State Farm and Allstate Insurance Co.. The Hursh case, originally filed in April 2025, has been slow to progress as opposing…
The audit by Comptroller Thomas DiNapoli examined 275 laboratory procedures with lifetime limits set by the state's Department of Health, including many pertaining to genetic tests that "typically shouldn't be needed more than once." Auditors uncovered 91,718 claims totaling $19.6 million in Medicaid payments filed between June 2019 and December 2025…
To the Editor: Governor Scott tells us that public policy should be judged by results, not intentions. According to the Public Assets Institute’ s 2025 report on Vermont’ s health care system, Vermont now has the highest average individual health insurance premiums in the country. His recent commentary in The Reformer, from July 29, spends a lot of time blaming…
Health insurance is one of the largest line items on companies' balance sheets and a critical factor in workforce stability. As costs and expectations rise, employers and employees want a simpler, more integrated healthcare experience. Yet for many, navigating healthcare still feels fragmented, time-consuming, and overwhelming— from finding the right care…
Greg Abbott this week is laying out plans to lower health insurance costs and drug prices as the Republican governor continues to focus his reelection campaign on affordability ahead of a midterm likely to be dominated by cost-of-living concerns. The focus on health care could work to blunt a longstanding attack line for Democrats in the state: Texas'…
Fred and Wilma Flintstone are living the high life. Fred has a one million life insurance policy from " The Rock Insurance Company." Louisiana law recognizes a simple principle; if someone pays you money by mistake that you were never legally entitled to receive, the person who made the payment can generally recover it.
South Carolina bar owners won’ t get a reprieve from needing to carry at least $1 million in liability insurance. The final version of the state budget is expected to be voted on by both chambers when lawmakers are scheduled to return to Columbia on Aug. 11. South Carolina state government has been operating under a continuing resolution since July 1 because a new…
