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AM Best to Host Analytical Briefing on State of Florida Property Insurance Market

May 5, 2026

During the event,“ AM Best’s Analytical Briefing- The State of Florida Property Market,” a panel of AM Best analytical staff and industry experts discuss the current state of the Florida property market ahead of the 2026 hurricane season. Lauren Magro, senior financial analyst, AM Best Chris Dittman, executive managing director, Aon Dave Newell, vice president of…

Triple-I’s Georgia Legal System Abuse Campaign Recognized with Hermes Creative Awards Honorable Mention

May 5, 2026

A comprehensive legal system abuse campaign, conducted by the Insurance Information Institute in Georgia in 2025, has been recognized with an Honorable Mention designation from the Hermes Creative Awards in two categories: Advertising Campaign and Outdoor/ Out-of-Home Advertising Campaign.. Triple-I recognized the legal system abuse challenges…

CryptoNewsBreaks – Forward Industries, Inc. (NASDAQ: FWDI) Invests In OnRe And Plans $25M Deployment Into Tokenized Reinsurance Platform 

May 5, 2026

Forward Industries (NASDAQ: FWDI) announced a strategic investment in onchain reinsurance company OnRe as part of its $5 million Series A round, alongside plans to deploy up to $25 million into OnRe’s yield-bearing token ONyc on Solana, expanding its treasury strategy into tokenized real-world assets and diversified income streams. To view the full press release, visit https://ccw.fm/pXcZ9 About Forward Industries, Inc. Forward Industries, Inc. (NASDAQ: FWDI) […]

California takes legal action against State Farm after investigation finds widespread mishandling of LA wildfire claims

May 5, 2026

California takes legal action against State Farm after investigation finds widespread mishandling of LA wildfire claims. State Farm policyholders filed approximately 11,300 residential claims related to the Los Angeles wildfires, nearly one-third of the 38,835 claims filed across all insurers, according to the department's official claims tracker.

Pet Care Insurance Releases 2025 Claims Report Highlighting Hidden Liability Risks in Routine Pet Services

May 5, 2026

PLEASANT GROVE, UTAH- May 5, 2026- Pet Care Insurance today released its 2025 Pet Care Insurance Statistics Report, analyzing 636 customer liability claims to reveal how risk and cost impact pet care professionals in day-to-day operations. The report found that the median claim was $1,286, while the average rose to $2,345 due to higher-cost outliers.

Four-part Medicare education series planned at Viroqua library

May 5, 2026

McIntosh Memorial Library of Viroqua is partnering with the Vernon County Aging and Disability Resource Center to provide a Medicare education series. The comprehensive four‑ part Medicare education series will be presented by Katie Skolos, Elder Benefit Specialist and SHIP‑ Certified Counselor with the Aging and Disability Resource Center of Vernon…

CPI Reports Solid First Quarter Results

May 5, 2026

CPI Card Group Inc., a payments technology company providing a comprehensive range of physical and digital payment solutions for U.S. financial institutions, processors, fintechs, prepaid program managers and more, today reported financial results for the quarter ended March 31, 2026 and affirmed its financial outlook for 2026.. A proprietary technology…

Costs cut for Virginians covered by Obamacare

May 5, 2026

Virginia's innovative reinsurance program for health coverage is reducing the monthly bill for each person covered by an Obamacare policy by nearly $100 a month, according to the State Corporation Commission. By doing this, the SCC projects average monthly bills this year will be $519 for each covered individual, compared with $617 if the program were not in…

Regulator: State Farm violated law in handling fire insurance claims

May 5, 2026

State Farm could face millions of dollars in penalties and a possible temporary suspension of its license in California as a result of hundreds of alleged law violations related to its handling of claims from the Los Angeles County fires last year. "Our investigation found that State Farm delayed, underpaid, and buried policyholders in red tape at the worst…

MAY 01, 2026 ARTIFICIAL INTELLIGENCE IN THE FINANCIAL SYSTEM

May 5, 2026

The following information was released by the Federal Reserve Board:. Anthropic's Mythosan AI model that identifies cyber vulnerabilitieshighlights the dynamic nature of this technology and the rapid pace that its capability can evolve. Whether used in targeted modeling or enterprise-wide tools, AI will become a force multiplier for the financial…

THERE IS NO TRY

May 5, 2026

The following information was released by the Federal Reserve Bank of New York:. Remarks at the Cynosure Group Spring Symposium, New York City As prepared for delivery. Today, I will talk about how the Federal Reserve is working to achieve its dual mandate of maximum employment and price stability at a time of great uncertainty.

California moves to penalize State Farm for delaying, underpaying wildfire claims

May 4, 2026

The California Department of Insurance is hoping to level penalties against State Farm after it found the insurance company excessively denied, delayed and underpaid claims filed by survivors of the 2025 Los Angeles wildfires. In a legal document filed against State Farm, the department seeks millions of dollars in financial penalties, as well as a…

California seeks up to $4 million from State Farm over alleged mishandling of wildfire claims

May 4, 2026

The state Department of Insurance is seeking as much as $4 million in penalties from insurance giant State Farm due to its alleged mishandling of claims filed by survivors of the January 2025 wildfires that swept through the Los Angeles area. The regulators, who launched their investigation into State Farm last summer, also are considering a temporary…

House bill seeks to protect insured homeowners after disasters

May 4, 2026

The House Insurance Committee held a public hearing Monday, April 13, for a bill that aims to help homeowners handle insurance claims during disasters. David Casteel, R- High Ridge, would instate the "Missouri Disaster Mediation Act" and the "Missouri Stronger Homes Act," along with other changes to home insurance. "The bill is a comprehensive consumer-focused…

Reports Summarize Engineering Study Results from Federal Reserve Bank (Improving Data for Managing Cyber Risk and Building Resilience): Engineering

May 4, 2026

2026 MAY 04– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Investigators discuss new findings in Engineering. For more information on this research see: Improving Data for Managing Cyber Risk and Building Resilience. Journal of Operational Risk, 2026; 21. Journal of Operational Risk can be contacted at: Incisive Media, Haymarket House, 28-29…

Findings from Georgetown University Broaden Understanding of Economics (The Constitutional Money Problem): Economics

May 4, 2026

2026 MAY 04– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Investigators discuss new findings in Economics. According to news reporting from Washington, District of Columbia, by NewsRx journalists, research stated,“ We consider three aspects of the constitutional status of the U.S. Federal Reserve in this Article.”. The news correspondents…

Illinois bill would mandate infant allergy coverage, with unclear cost impact

May 4, 2026

Darby Hills is backing Illinois Senate Bill 4182, which would require most insurance plans to cover a six-month supply of egg and peanut allergen supplements for infants when prescribed by a health care provider. The overall fiscal impact of the proposal remains unclear, but insurers would likely pay the market price for the supplements, estimated at…

Florida state employee health insurance premiums frozen for 2026-27

May 4, 2026

Tens of thousands of state workers as well as those working for state colleges can expect their health insurance premiums to remain the same for another year, according to the Florida Senate budget chair. Ed Hooper, R- Clearwater, made the comment this week while answering questions from reporters about the coming special session on the budget scheduled to…

WHIP EMMER TOUTS MORE THAN 500 KEY STAKEHOLDERS SUPPORTING THE HOUSE-PASSED FARM BILL

May 4, 2026

H.R. 7567, or the Farm Bill, was led by House Agriculture Committee Chairman Glenn "GT" Thompson. We sincerely appreciate the bipartisan members of the House Agriculture Committee who voted to advance the Farm, Food, and National Security Act of 2026 and continue to stand up for U.S. agriculture. " Crop Insurance and Reinsurance Bureau:.

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