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Property and Casualty News

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Signature Resolution Welcomes Hon. Socrates Peter Manoukian (Ret.) to Our Panel of Neutrals

July 7, 2026

Judge Manoukian spent 33 years on the Santa Clara County Superior Court bench, presiding over nearly every category of civil dispute the court hears, after building an early career litigating insurance defense and medical malpractice matters. In session, Judge Manoukian opens by giving parties genuine, unstructured time to speak, often surfacing what is…

Florida House District 23: Incumbent, challenger share priorities, differ on approach

July 7, 2026

Voters in Florida House District 23 will decide whether to return Republican incumbent JJ Grow to Tallahassee or send Republican challenger Tod Cloud, a retired Florida Highway Patrol trooper, to represent Citrus County and part of Marion County. While both candidates identified affordability, protecting Florida's springs, homeowners insurance and…

July 7, 2026

Client relationships are tested when the storm hits

For millions of policyholders in storm-prone regions, the Atlantic hurricane season is when their relationship with their insurer is most likely to be tested.

Study: Solano County has area's lowest threat risk, home insurance costs

July 7, 2026

The study found that Solano County homeowners have the Bay Area' s lowest average annual home insurance premiums, at $1,824. Next lowest is Napa County, at $1,936, while Sonoma is at $1,960. Contra Costa is at $2,141, Santa Clara $2,915, San Mateo $2,966 and Alameda $2,978, Marin $3,090.

Reports from University of Delaware Describe Recent Advances in Environmental and Resource Economics (Environmental Liability, Insurance, and Market Structure In Coal Mining): Economics – Environmental and Resource Economics

July 6, 2026

According to the news editors, the research concluded:“ Major results are robust to both comparing bituminous and anthracite mines within Pennsylvania as well as bituminous mines between Pennsylvania and Virginia.”. For more information on this research see: Environmental Liability, Insurance, and Market Structure In Coal Mining. Journal of the Association…

The hidden costs causing monthly housing payments to rise

July 6, 2026

In many U.S. metros, property taxes and homeowners insurance can consume more than one-third of the average monthly mortgage payment— and in some cases, nearly half. Using the most recent data whenever possible, Neighbors Bank examined housing affordability by measuring how much property taxes and homeowners' insurance contribute to the average monthly…

The ‘navalization’ of economic warfare sees trade routes become zones of force rather than rules

July 6, 2026

British military ships escort the Smyrtos, which has been linked to Russia's shadow fleet. That fact was starkly illustrated by the war in Iran, which saw Tehran effectively close the Strait of Hormuz to commercial traffic and Washington respond with a blockade of Iranian ports. In response, the U.S. and its partners are increasingly returning to a more direct…

The ‘navalization’ of economic warfare sees trade routes become zones of force rather than rules

July 6, 2026

That fact was starkly illustrated by the war in Iran, which saw Tehran effectively close the Strait of Hormuz to commercial traffic and Washington respond with a blockade of Iranian ports. In response, the U.S. and its partners are increasingly returning to a more direct form of economic pressure: boarding ships at sea. Since the U.S. blockade of Venezuelan oil…

COLUMN: Take these steps during and after a hurricane

July 4, 2026

Now that we're into hurricane season, which runs from June 1 to Nov. 30, it's important to know what to do during and after the storm. As I said in a previous column, preparation is the key. Make sure you have adequate homeowners' insurance and a flood insurance policy.

Auto insurance reforms take effect in NY in effort to lower rates

July 3, 2026

Part of the governor’ s effort to cut auto insurance premiums in New York has gone into effect. On Wednesday, Hochul announced that the state’ s Department of Financial Services, which regulates insurers and other financial entities, has issued new guidance to auto insurance companies requiring they lower their rates to reflect the changes in law made this year.

Worried about insurance rates? Your loyalty might be costing you

July 3, 2026

Insurance rates have skyrocketed since the pandemic, and jaw-dropping renewal notices have left many consumers stretched thin when it comes to protecting their assets. Nearly half of Americans with auto insurance and homeowners insurance say they're stressed about their premiums, according to a recent NerdWallet survey. Even as affordability…

Signature Resolution Welcomes Jack Haverty to Our Panel of Neutrals

July 3, 2026

BOSTON, July 3, 2026/ PRNewswire-PRWeb/– Signature Resolution is proud to announce that Jack Haverty has joined its panel of neutrals, where he will serve as a mediator and arbitrator in personal injury, commercial litigation, insurance bad faith, premises and product liability, professional liability, construction, and tort matters. Jack began his legal career…

Washington fines farm labor contractor $692,750

July 3, 2026

A Moxee, Wash., farm labor contractor has been fined $692,750 by the Department of Labor and Industries for transporting farmworkers without liability insurance and not informing them about the terms of their employment. The violations by Superbee Contracting affected nearly 1,200 farmworkers working on 15 farms in Benton, Franklin, Yakima and Walla Walla…

Auto insurance reforms take effect in N.Y. in effort to lower rates

July 2, 2026

Part of the governor’ s effort to cut auto insurance premiums in New York has gone into effect. On Wednesday, Hochul announced that the state’ s Department of Financial Services, which regulates insurers and other financial entities, has issued new guidance to auto insurance companies requiring they lower their rates to reflect the changes in law made this year.

What are the 'top workplaces' in the New Orleans area? Check out this year's awards.

July 2, 2026

More than 80 New Orleans area businesses were named "top workplaces" as part of an annual Times-Picayune program that culminated with an awards ceremony Wednesday at the Higgins Hotel downtown. Mid-size winners were Stoa Group, a Hammond- based multifamily developer; the commercial contractor RNGD; and MSB Consulting Engineers. Top honorees in the large…

Insurity Unveils Agenda for Excellence in AI & Insurance, Showcasing How Insurers Are Turning AI into Operational Advantage

July 2, 2026

Insurity, a leading provider of cloud-based software for property and casualty insurance carriers, brokers, and MGAs, today announced the full agenda for Excellence in AI& Insurance, its annual conference designed to help insurers navigate the increasingly complex operational demands reshaping the industry. A major focus of this year’s event is the…

GOVERNOR HOCHUL ISSUES NEW GUIDANCE TO IMPLEMENT REFORMS AIMED AT LOWERING AUTO INSURANCE PREMIUMS FOR NEW YORKERS

July 2, 2026

Governor Kathy Hochul today announced that the New York State Department of Financial Services has issued new guidance to insurers, implementing reforms enacted in the Fiscal Year 2027 Budget to help bring down the cost of auto insurance rates and combat fraudulent claims across New York State. "Since taking office, I have been committed to making New York…

REPS. CARTER, FIELDS, EZELL, BRESNAHAN INTRODUCE THE NFIP PREMIUM TRANSPARENCY ACT

July 2, 2026

Louisiana has more riding on this than almost any state in the country. "Since FEMA's Risk Rating 2.0 program went into effect, Louisiana families have opened their flood insurance bills with more questions than answers: why their premium jumped and what discounts they're missing," said Rep. Carter. "Louisiana has more riding on this than almost any state in the…

GARBARINO, FLOOD SECURE HOUSE PASSAGE OF BIPARTISAN TRIA REAUTHORIZATION ACT

July 2, 2026

This week, the U.S. House of Representatives passed the bipartisanTRIA Program Reauthorization Act, legislation introduced by Congressman Mike Flood and co-led by Congressman Andrew Garbarino, to extend the Terrorism Risk Insurance Program through 2034.. "As a lifelong New Yorker, I know the lasting impact the September 11th terrorist attacks have had on…

CONGRESSMAN FIELDS INTRODUCES NFIP PREMIUM TRANSPARENCY ACT ALONGSIDE COSPONSORS

July 2, 2026

This week, Congressman Cleo Fields, along with Representatives Troy Carter, Mike Ezell, and Rob Bresnahan, introduced H.R. 9511, the NFIP Premium Transparency Act, legislation that would require the Federal Emergency Management Agency to give the more than 400,000 Louisiana policy holders enrolled in the National Flood Insurance Program a full, clear…

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