Winds in Houston knocked down massive trees and power lines leaving more than 19,000 people without power. The National Weather Service confirmed an EF-1 tornado packing winds of 105 mph in Guadalupe County. These National Flood Insurance Program poli- cies offer coverage up to $250,000 for a personal residence and $100,000 for personal belongings.
The latest news, regulation and trends in property & casualty insurance.
More Stories
Illinois lawmakers passed sweeping auto insurance reforms that would give state regulators the power to challenge excessive rate hikes for the first time, ending Illinois' status as one of only two states without such authority. Senate Bill 714, championed by Secretary of State Alexi Giannoulias, cleared the General Assembly after Illinois drivers were…
2026 JUN 03– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– CopperPoint Insurance Company, a leading Arizona- based specialty provider of workers’ compensation and commercial insurance solutions, announced the signing of a definitive agreement to acquire General Indemnity Group and its subsidiaries, including United Casualty&…
2026 JUN 03– 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” by Julia K. Sutherland Seyfarth Shaw LLP, representing Marsh& McLennan Companies, Inc. This application was made available to the public on May 14, 2026.
For years, Corey Silverstein did what Florida homeowners are told to do. His experience highlights a growing frustration among Florida homeowners who say state-backed home-hardening programs and mitigation upgrades are not delivering the insurance savings many expected. While Florida officials tout the success of the My Safe Florida Home program,…
Democrats Jane Kim and Ben Allen, with more than three-quarters of the votes counted in the race for California insurance commissioner, jumped ahead in initial counts of the vote-by-mail ballots on Tuesday night and continued to hold a sizeable lead over opponents as results were updated after polls closed at 8 p.m.. Bernie Sanders in a statewide election for…
Democrats Jane Kim and Ben Allen are leading early in the race for California insurance commissioner, initial counts of the vote by mail ballots showed Tuesday night, shortly after polls closed at 8 p.m.. The election has become a bit of a high-profile contest, where a range of policy ideas were floated in the primary, as increasingly frequent disasters have…
How much does jewelry insurance cost in 2026? Standard jewelry insurance will cost about 1%-3% of your jewelry's appraised value per year, while some providers offer a lower range of rates costing 0.5%-1.5% of the appraised value per year. As such, if you were to calculate the cost of jewelry insurance for, say, a $10,000 engagement ring, you'd find that your rates…
Gregory W. Meeks and Andrew Garbarino introduced the bipartisan Community Flood Resilience Act to help communities better prepare for and recover from flooding by allowing certain Federal Emergency Management Agency mitigation grant funds to be used for community-based flood insurance coverage. However, NFIP coverage is limited and generally capped…
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.
State Farm is reimbursing nearly three-quarters of holders of personal auto insurance policies for 2022 model vehicles because a filing updating coverage for them included information it hadn't used before in Virginia. State Farm has about 16% of the market, insuring 8 million-plus cars and trucks in Virginia, and collects about $1.4 billion in premiums…
How much does jewelry insurance cost in 2026? Standard jewelry insurance will cost about 1%-3% of your jewelry's appraised value per year, while some providers offer a lower range of rates costing 0.5%-1.5% of the appraised value per year. As such, if you were to calculate the cost of jewelry insurance for, say, a $10,000 engagement ring, you'd find that your rates…
The Super El Niño Effect on insurance and what it means for clients
Forecasters are warning that Super El Niño is expected to make its debut soon and will likely continue through winter and early 2027.
The following information was released by the Environmental Defense Fund:. A new study published in Nature Water finds that wetland loss across the United States has increased residential flood insurance claim payments by more than $10 billion since 1985, underscoring the critical role wetlands play in reducing riverine flood damage.
ALBANY— The state budget is finished and signed into law, and among the hundreds of pages of legislative language and billions of dollars in taxation and spending is a significant amount of non-budget related policy changes to things like environmental goals, construction reviews and auto insurance. The final plan spends $268.5 billion, the largest in state…
2026 JUN 01– By a News Reporter-Staff News Editor at Japan Daily Report– Current study results on Oncology- Bladder Cancer have been published. According to news originating from Yokosuka, Japan, by NewsRx correspondents, research stated,“ We compared NCCN, EAU, and JUA risk stratifications for non-muscle-invasive bladder cancer in 591 patients.
Each month, NerdWallet suggests one wallet win to help you feel more confident about your money. Nearly half of Americans with auto insurance and 46% of those with homeowners insurance are stressed about the costs of their insurance premiums, according to a recent NerdWallet survey conducted by The Harris Poll in April. Erin: I was actually writing about the…
ALBANY— The state budget is finished and signed into law, and among the hundreds of pages of legislative language and billions of dollars in taxation and spending is a significant amount of non-budget related policy changes to things like environmental goals, construction reviews and auto insurance. The final plan spends $268.5 billion, the largest in state…
American Integrity Insurance Group, Inc., a Tampa- based property and casualty insurance holding company and one of Florida’ s leading providers of residential property insurance, announced today that it has fully placed its 2026-2027 indemnity based, catastrophe excess of loss reinsurance program for its insurance subsidiary, American Integrity…
JB Pritzker says he looks forward to signing a pair of bills that cleared the Illinois House on Wednesday giving the state Insurance Department authority to regulate premiums charged for automobile and homeowners insurance. "Too many families have dealt with unexplained, unfair insurance price hikes on their homes and cars, so this legislation helps…
