2026 MAY 18– 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“ MARSH RE” by Julia K. Sutherland Seyfarth Shaw LLP, representing Marsh& McLennan Companies, Inc. This application was made available to the public on May 01, 2026.

2026 MAY 18– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Opioids have been published. According to news originating from Columbia, South Carolina, by NewsRx correspondents, research stated,“ Medicaid is the largest payor of opioid use disorder treatment in the United States and covers a large share of Americans with OUD.

ALBANY— State lawmakers in New York are looking to block insurance companies from terminating coverage for their clients based on their genetics. On Wednesday, Assemblyman Jeffrey Dinowitz, D- Bronx, and a group of advocates called for his colleagues in the state Senate and Assembly to pass his bill that would block life, long-term care and disability insurers…

When the United States Senate confirmed Kevin Warsh as the new Chair of the Federal Reserve on May 13, 2026– with the narrowest margin in the institution's modern history, 54 votes to 45– financial markets interpreted the event as a policy shift. Rather, it represents the crystallization of two structural trends that have evolved in parallel for nearly four…

PEMBROKE, Bermuda—- Hamilton Insurance Group, Ltd. today announced the appointment of Christopher R. Stella as Chief Claims Officer of Hamilton Select, its primary carrier for domestically placed US excess and surplus business, effective May 18, 2026. In his new role, Stella will report to Anita Kuchma, Chief Executive Officer of Hamilton Select and will be based…

New research published recently by the Employee Benefit Research Institute finds that many retirees do not draw down their assets in a smooth or predictable way over retirement, and that access to guaranteed income streams, such as defined benefit pension income, may play an important role in helping retirees preserve assets and manage financial shocks later in life.

Over the past decade, home prices have nearly doubled, according to the Case-Shiller U.S. National Home Price Index. Nearly 75% of people who bought real estate in 2020 and 2021 have regrets about their purchases, with 30% saying they spent too much money, the 2022 American Home Buyer Survey by Anytime Estimate reveals. Insurify's data science team analyzed the…

Using data from the National Association of Insurance Commissioners, Insurify examined the car insurance providers with the highest market share per state and found that five auto insurers have the largest market share in at least one U.S. state. State Farm holds the title in more states than any of its competitors— 29 to be exact. "People are getting into more car…

Thefts of the auto part, which converts exhaust into less harmful gasses, are down nearly 37% in the first half of 2023, according to new data released by State Farm, the largest U.S. car insurer by market share. Claims peaked in 2022, when State Farm received 45,000 catalytic converter theft claims. Thieves can net anywhere from $25 to $300 for a standard catalytic…

The National Flood Insurance Program paid out $913 million to U.S. homeowners last year, and $629 million of that went to residents in Florida. Florida homeowners face highest home insurance costs in the U.S.. Florida has the most expensive home insurance rates in the U.S., and those premiums don't include the added cost of flood insurance.

Renters in California may see their rents spike as landlords transfer rising insurance costs onto their tenants. Renters make up 44% of California's population, according to U.S. Census Bureau data. About a third of California renters spend more than half their income on rent, according to the Public Policy Institute of California.

This is contributing to rising vet care costs, which are up 7% year over year, according to the U.S. Bureau of Labor Statistics. But for breeds at high risk for health problems, the premiums can exceed $1,400 annually. This is 264% higher than the national average premium of $700 per year.Pet insurance premiums exceed $1,400 for breeds that are more likely to…

California's auto insurance costs have climbed steadily over the past few years and could increase even more in 2025, when the state's higher liability insurance requirements begin. Previously, California was among the five states with the lowest requirements. The need to keep pace with higher vehicle repair and medical costs likely prompted California…

Recoop Insurance offers a unique disaster insurance product in 47 states to homeowners and renters living in state-declared or federally declared disaster areas. Consumers can choose coverage plans ranging from $5,000 to $25,000. Sola covers up to $15,000 for any out-of-pocket costs and pays claims within days, using National Weather Service data to…

The U.S. war with Iran has added a new layer of uncertainty to the global economy. But disruptions from the conflict in Iran aren't likely to raise insurers' costs by that magnitude. If Americans drive 10% fewer miles in 2026, the average annual car insurance premium could fall to $2,209 by year's end.

Auto insurance is one of the most common types of insurance in the U.S. Nearly all states require drivers to have liability car insurance covering a minimum amount of property damage and bodily injuries resulting from accidents. Depending on the severity of the offense, penalties can include fines up to $1,500, driver's license suspension, vehicle…

Extreme weather, amplified by climate change, has raised insurer risks and insurance rates for U.S. homeowners, especially in the last decade. Florida, for example, sustained a staggering $237 billion in disaster damage from 2020 through 2024— increasing non-renewal rates and stoking the state's insurance crisis. California has its own insurance crisis…