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Citrus Title sweeps industry awards for 5th year in a row

April 30, 2026

The team at Citrus Title Company in Inverness has distinguished itself, for the fifth year, as the Top Florida Agent for First American Title Insurance Company. Citrus Title is owned by local veteran Jen Duca. The award presentation was made recently by Bobbi Jo Alonso and David Roberts of First American Title Insurance, who said achieving top title agency…

Triple-I Stresses Preparedness for 2026 Atlantic Hurricane Season

April 30, 2026

The start of the 2026 Atlantic hurricane season is just a month away and the Insurance Information Institute is recommending homeowners, condo owners, renters and business owners prepare now. Led by Colorado State University senior research scientist Phil Klotzbach, Ph.D., a non-resident scholar at Triple-I, the CSU TC-RAMS Team forecasts“ a slightly below…

Newrez Study Finds Homeowners Insurance Premium Rate of Growth Slowed, Despite 64% Increase Since 2021

April 30, 2026

Newrez, a top five mortgage lender and servicer, today released findings from an analysis of roughly 1.2 million Newrez- serviced residential mortgage loans. According to the study, the average annual homeowners insurance premium increased 64% between year-end 2021 and year-end 2025 when the average premium grew from $1,597 to $2,625.

EDITORIAL: You, your insurance, and hurricanes

April 30, 2026

Hurricane season is just about ready to blow in, and that means it's a good time to go over your insurance policy and, if you don't have one, to get one. Obviously home insurance is big business in Florida where people pay almost as much attention to hurricane forecasts as their medical check- ups. Twin hurricanes in 2024 exposed a lot of problems with insurance— from…

AHLA STATEMENT ON SENATE INTRODUCTION OF TERRORISM RISK INSURANCE ACT EXTENSION

April 30, 2026

The following information was released by the American Hotel and Lodging Association:. Today the American Hotel and Lodging Association issued the following statement in support of the U.S. Senate introduction of the Terrorism Risk Insurance Act extension:. AHLA thanks the bipartisan group of senators for introducing this incredibly important…

KENNEDY, MCCORMICK, BIPARTISAN COLLEAGUES INTRODUCE BILL TO EXTEND TERRORISM RISK INSURANCE PROGRAM

April 30, 2026

John Kennedy, a member of the Senate Banking Committee, joined Sens. Dave McCormick, Tina Smith, Thom Tillis, Ruben Gallego and 18 colleagues in introducing the Terrorism Risk Insurance Program Reauthorization Act of 2026. In the wake of the September 11th attacks, Congress created the Terrorism Risk.

BILL TO MAKE PROPERTY INSURANCE MORE AFFORDABLE CLEARS SENATE

April 30, 2026

The following information was released by the Colorado Senate Democrats:. SB26-155, sponsored by Senators Kyle Mullica, D- Thornton, and Janice Marchman, D- Loveland, would create a grant program to fortify roofs against costly wind and hail damage in order to make property insurance more affordable. This bill is a commonsense approach to reduce costs and make…

Giannoulias Releases Insurance Study Exposing Insurance Pricing Inequities Driving Higher Costs for Illinoisans

April 29, 2026

Illinois Secretary of State Alexi Giannoulias released a new study today detailing how auto insurance companies use non-driving factors to significantly increase costs for Illinois drivers. The release of the study reinforces the need for legislative reforms advanced through the office's Driving Change campaign and was compiled from nearly 2,000…

AM Best to Host Briefing on State of Medical Professional Liability Insurance Market

April 29, 2026

AM Best will host an analytical briefing on the state of the U.S. medical professional liability insurance sector on Thursday, May 7, 2026, at 2 p.m.. Eric R. Anderson, president and CEO, MPL Association Robert E. White Jr., president, TDC Group Connor Brach, associate director, AM Best Vicky Riggs, associate director, AM Best. Headquartered in the United States, the company…

AM Best Affirms Credit Ratings of Old Republic International Corporation’s Subsidiaries

April 29, 2026

Concurrently, AM Best has affirmed the FSR of A+ and the Long-Term ICRs of“ aa-” of Old Republic National Title Insurance Company and American Guaranty Title Insurance Company. The ratings of Old Republic, which is considered the lead rating unit in the ORI enterprise, reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong…

Triple-I Warns Illinois Insurance Bill Would Raise Costs, Reduce Consumer Choice

April 29, 2026

A new Issues Brief from the Insurance Information Institute found that legislation moving through the Illinois General Assembly would likely make property/casualty insurance less affordable and less available for consumers by constraining insurers’ ability to price risk accurately, without addressing the underlying causes of rising premiums.

First American Title Introduces AgentNet® Assist: Title Intelligence, an AI-Powered Document Analysis Capability

April 29, 2026

First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation, today introduced AgentNet ® Assist: Title Intelligence, a new capability that helps title professionals move from document navigation to decision-making more quickly using…

TRIPLE-I WARNS ILLINOIS INSURANCE BILL WOULD RAISE COSTS, REDUCE CONSUMER CHOICE

April 29, 2026

The following information was released by the Insurance Information Institute:. A new Issues Brief from the Insurance Information Institute found that legislation moving through the Illinois General Assembly would likely make property/casualty insurance less affordable and less available for consumers by constraining insurers' ability to price…

SENATORS MCCORMICK, SMITH, TILLIS, AND GALLEGO INTRODUCE BIPARTISAN LEGISLATION TO EXTEND THE TERRORISM RISK INSURANCE PROGRAM FOR SEVEN YEARS

April 29, 2026

The following information was released by Pennsylvania Senator Dave McCormick:. U.S. Senators Dave McCormick, Tina Smith, Thom Tillis, and Ruben Gallego today introduced the bipartisan Terrorism Risk Insurance Program Reauthorization Act of 2026, which is essential to economic security by safeguarding the availability of terrorism risk coverage.

Lawsuits accuse State Farm of secretly working to cut insurance payouts

April 29, 2026

Weeks later, Willard claims that an adjuster for State Farm, his home insurer, said his roof should be replaced. But that same day, State Farm reversed itself and denied Willard's insurance claim. Soon after, State Farm canceled Willard's coverage, leaving him with a battered roof that no other company would insure.

South Carolina bars and restaurants struggle to afford liability Insurance as prices climb

April 28, 2026

HORRY COUNTY, S.C.— South Carolina lawmakers face increased pressure to once again address the state's liquor liability law as business owners say the cost of required liability insurance has become unsustainable, impacting their operations and ability to remain open. Current state law mandates that businesses serving alcohol carry at least $1 million in…

NCOIL tackles packed agenda at spring meeting

April 28, 2026

The agenda featured topics including developments in the vision care services marketplace, and the use of genetic testing in life insurance underwriting.

Radian to Host Investor Day on June 4, 2026

April 28, 2026

Radian Group Inc. today announced that it will host an Investor Day on Thursday, June 4, 2026, beginning at 9 a.m. Eastern time in Midtown Manhattan, New York City. During the event, Radian’ s executive leadership team will discuss the company’ s long-term strategy for value creation as a global multi-line specialty insurer, outlining how its strong financial…

Porch Group Reports First Quarter 2026 Results

April 28, 2026

Porch Group, Inc., a new kind of homeowners insurance company, today reported first quarter results through March 31, 2026, that exceeded our expectations. Porch generated for shareholders 1 first quarter 2026 revenue of $109.4 million. Net loss attributable to Porch was$ million, and Adjusted EBITDA was $19.7 million.“ Porch Shareholder Interest” includes the…

Lawmakers push bipartisan plan to lower cost of auto insurance

April 28, 2026

The bills– House Bills 5886 through 5889– are co-sponsored by both Republicans and Democrats, including Rep. Under current law, Michigan drivers must carry at least $250,000 in personal injury protection coverage, the highest minimum in the country. In addition, one of the bills would reduce the state’ s required bodily injury liability coverage from $50,000/…

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