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Louisiana wants $50 million for fortified roofs. Here’s how it could help insurance rates.

May 25, 2026

Louisiana may soon get a massive influx of money for a widely touted solution to ever-rising home insurance rates: Fortified roofs. State lawmakers appear poised to pass a bill that would add significantly more money to the grant program that gives Louisiana homeowners $10,000 each toward a new fortified roof. The cash would come from excess funds collected…

FORECASTING EYE: WORLD CUP 2026 TO SUPPORT OVER $14 BILLION OF CONSUMER SPEND IN NORTH AMERICA, WITH ENGLAND AND FRANCE TOPPING THE INSURABLE VALUE RANKINGS

May 25, 2026

Cebr estimates that the 2026 World Cup could generate around $14.1 billion in direct consumer spending across the United States, Mexico, and Canada. Meanwhile, an update to Cebr's insurance model places England and France as the most valuable participating teams. Given the size of the domestic markets in the United States, Mexico, and Canada alongside elevated…

GOVERNOR POLIS ANNOUNCES ROADMAP TO REDUCE HOMEOWNERS INSURANCE; SAVING COLORADO HOMEOWNERS MONEY

May 25, 2026

The following information was released by the office of the Governor of Colorado:. Today, Governor Polis announced the Roadmap to Reduce Homeowners Insurance, a comprehensive strategy in partnership with the Division of Insurance to help address high homeowner's insurance rates, and find statewide solutions to reducing the cost of homeowner's insurance.

AG SUNDAY AND GEICO AGREE ON IMPROVEMENTS TO REMEDY CUSTOMER CONFUSION AND PREVENT UNFAIR AUTO INSURANCE CANCELLATIONS

May 25, 2026

The following information was released by the office of the Pennsylvania Attorney General:. The agreement stems from an investigation of a complaint from a new GEICO policyholder in West Philadelphia who lost her insurance as a result of the company's standard 60- day policy review for new customers. In the West Philadelphia case, GEICO required the…

Trump urges new Fed Chair Kevin Warsh to be 'totally independent,' only don't stifle growth

May 25, 2026

President Trump told Kevin Warsh to be "totally independent" as he swore him in as chairman of the Federal Reserve in front of a who' s who of Washington conservatives at the White House. "We don't want to see it stifled," Mr. Trump said as Mr. Warsh stood a few feet away. " Mr. Warsh, 56, is taking over the central bank at a complex time.

New Mexico counties cite rising costs from Civil Rights Act, aim to push for changes

May 24, 2026

New Mexico was only the second state to pass such a law, following Colorado in 2020. Designed to provide an avenue for New Mexicans to hold government entities accountable for civil rights violations, the law faced early concern that higher payout caps— now $2.4 million— would drive up liability insurance costs for local governments and state agencies.

Kevin Warsh sworn in as Federal Reserve chair: 5 big obstacles he faces

May 24, 2026

—Kevin Warsh will face a political and economic obstacle course upon taking the helm of the Federal Reserve later this week. President Donald Trump held a swearing-in ceremony on Friday for Warsh, who became chair of the Fed board, taking over the central bank at a pivotal time for the U.S. economy. "Kevin Warsh is about to begin his tenure as Federal Reserve chair…

Kokua Line: How do FEMA grants compare to flood insurance?

May 24, 2026

Answer: Yes, and you are mistaken about Federal Emergency Management Agency disaster grants, which are only for uninsured losses; FEMA can’ t duplicate benefits. In fiscal year 2025, FEMA’ s maximum grant amounts were $43,600 for Housing Assistance and $43,600 for Other Needs Assistance, or a total of $87,200 for a claimant eligible for each maximum, according to…

Job growth critical to housing’s health

May 24, 2026

That "s the secret sauce for California home prices. To prove my point, the trusty spreadsheet looked at California job growth dating to 1990, using Bureau of Labor Statistics data, and compared that with Golden State home values, as measured by a Federal Housing Finance Agency price index. In those same years, California home prices averaged 8% annual gains.

LEDA insurance coverage to be reviewed

May 24, 2026

A retainer agreement between the Lawton Economic Development Authority and the Center for Economic Development Law prompted a question of whether LEDA is adequately insured. In the agreement, which extends from July 1, 2026, through June 30, 2027, the Oklahoma City legal firm agrees "to maintain in force and effect a professional liability insurance policy"…

Louisiana wants $50 million for fortified roofs. Here’s how it could help insurance rates.

May 24, 2026

Louisiana may soon get a massive influx of money for a widely touted solution to ever-rising home insurance rates: Fortified roofs. State lawmakers appear poised to pass a bill that would add significantly more money to the grant program that gives Louisiana homeowners $10,000 each toward a new fortified roof. The cash would come from excess funds collected…

Kansas official running for governor received $300K in donations before key decision

May 24, 2026

A top Kansas regulator who’ s running for governor is facing scrutiny over a deluge of campaign contributions that she received from interested parties in the weeks before a key regulatory decision— raising ethical questions about a potential influence campaign. Insurance Commissioner Vicki Schmidt denies any connection between the more than $300,000…

Floyd Prophet: When is it enough?

May 24, 2026

Tim Walz allowed at least $9 billion go out to unvetted agencies and individuals with no accountability at all. Staying in the Midwest in neighboring Illinois, they have been hit with massive billions as well. There were 13 individuals charged in July 2025 "for schemes billing more than $1.83 billion to government programs and private insurers.

Reed: Can these assets be saved?

May 24, 2026

Betty, an 81- year-old widow, owns multiple properties worth $1 million, liquid assets, including stocks, bonds and cash worth $2 million, a a long-term care insurance policy for four years of care up to $126,000/ year. Betty could meet the income requirement even though her income is above the monthly allowable amount of $2.982 for a single person by establishment…

PacificSource to end Montana operations

May 24, 2026

PacificSource Health Plans, one of Montana’ s three primary health insurance providers, will cease its Montana operations and exit the marketplace by the end of the year. The health insurance company has operated in Montana since 2012, providing individual, small and large group, ASO and Medicare Advantage health plans, and is contracted with more than 90% of…

Investigators say C.R. man's life insurance claims for 3 children were fraudulent

May 23, 2026

CEDAR RAPIDS— A Cedar Rapids man is accused of theft and insurance fraud after investigators said he submitted life insurance claims for three children whose deaths could not be substantiated. Thompson Nagbe Jr., 37, made two fraudulent life insurance claims on policies he enrolled in through his employer, according to a Linn County criminal complaint.

Beacon Mutual ransomware attack exposed data of 4,500 current and former RI state employees

May 23, 2026

The personal information of an estimated 132,000 Rhode Islanders was involved in a January cyberattack on Beacon Mutual Insurance, the Warwick- based workers' comp company revealed this week. Karen Greco, spokesperson for the Rhode Island Department of Administration, told Rhode Island Current in an email Friday that the affected individuals included a few…

PacificSource to end Montana insurance operations

May 23, 2026

PacificSource Health Plans, one of Montana's three primary health insurance providers, will cease its Montana operations and exit the marketplace by the end of the year. "This includes exiting the individual market, as well as the state of Montana." According to information provided to the Montana Commissioner of Securities and Insurance, PacificSource…

Reduced health insurance payments for hospital births had a bigger impact on sterilization rates than correcting an injustice

May 23, 2026

For decades, female sterilization has been one of the most common forms of birth control in the U.S.: 11.5% of U.S. women, ages 15-49, use female sterilization as their primary contraceptive method– nearly identical to the pill. But the history of sterilization is also deeply entangled with coercion in the form of racial targeting, invalid consent and state…

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