Property and Casualty News

A medical malpractice reform that was years in the making is now the law of the land in New Mexico. “This, in fact, was a health care session,” Lujan Grisham said during the bill-signing ceremony.“ Congratulations to New Mexico, has all of the components to make this the best place to access, receive and provide care in America.”. Supporters of the bill have said the caps on…

New Orleans East voters are headed back to the polls this month to settle a race between two attorneys hoping to represent the city's interests in the Legislature. Political newcomers Dana Henry, 52, and Kenya Rounds, 51, are in a runoff to fill the District 100 seat after neither got more than 50% of the vote in the February primary election.

BATON ROUGE— Louisiana Insurance Commissioner Tim Temple is working with the National Association of Insurance Commissioners to establish a targeted discount rate for homeowners who install a fortified roof. In an earlier interview with the LSU Manship School News Service, Temple had said the department would ask companies to "begin the discounts between…

"I can't control insurance companies even with that body of law, but we can certainly use the pressure of the hospitals and the independent practices being in line with national medical malpractice laws," Lujan Grisham said, before adding: "We expect to see those come down this year." The medical malpractice bill was one of Lujan Grisham's top legislative wins of…

Bob Wolff thought he did everything right when mitigating the fire danger around his home at Animas Air Park ahead of what officials expect could be an active wildfire season. Insurance rates have more than doubled in Colorado since 2018, according to Colorado State University's Regional Economic Development Institute. The report found that La Plata…

The rewrite would increase the cap on medical malpractice awards from the current $2.7 million to $6 million, beginning next year. Bill would ease pressure on Virginia's overcrowded mental hospitals. Mark Obenshain, R- Rockingham, who sponsored the original measure, Senate Bill 536, as he urged the House Courts of Justice Committee to approve the rewrite.

The decision reversed a First District Court of Appeals order directing Farmers Property Casualty Insurance to hand over the materials to Melissa and Alexis Eddy without such review. In addition, Justice DeWine stated that under the Ohio Rules of Civil Procedure, the trial judge must also inspect the documents that attorneys created when a lawsuit was…

RICHMOND- A sweeping, last-minute rewrite of a limited bill about interest payments on medical malpractice lawsuits would more than double a current cap that often leaves victims with millions of dollars less than their lifetime of care will require. The rewrite would increase the cap on medical malpractice awards from the current $2.7 million to $6 million,…

COLUMBIA, S.C.– A push to strengthen South Carolina's preparedness for earthquakes moved forward Wednesday as lawmakers advanced a bill that would require insurers to clearly inform homeowners when their policies do not cover earthquake damage. Gil Gatch of Summerville, along with Reps. Wendell Gillard of Charleston, and Michael F. Rivers, Sr., of Beaufort, would…

By Sheldon "Trey" Vice III| LSU Manship School News Service. BATON ROUGE— Louisiana Insurance Commissioner Tim Temple is working with the National Association of Insurance Commissioners to establish a targeted discount rate for homeowners who install a fortified roof. Temple, who generally favors free-market solutions, had been opposed to enforcing…

Nationwide Insurance published the results of its 15th annual pet insurance claims survey on Thursday. The company analyzed more than 3.3 million insurance claims submitted for dogs and cats in the U.S. in 2025, finding chronic conditions dominate the top 10 most common reasons for claims. There are numerous pet insurance providers across the U.S., and the…

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of the property/casualty insurance subsidiaries of Cincinnati Financial Corporation and The Cincinnati Life Insurance Company. All companies except The Cincinnati Specialty Underwriters Insurance Company are domiciled in Fairfield, OH.

OneShield, a leading provider of technology solutions for the property and casualty insurance industry, today announced that a Michigan- based specialty insurance provider has selected the OneShield AI Hub platform to power its next-generation insurance operations. This press release features multimedia. “AI is fundamentally reshaping how insurance…

2026 MAR 04– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Investigators publish new report on Insurance. According to news originating from Wuhan, People’ s Republic of China, by NewsRx correspondents, research stated,“ Directors’ and Officers’ liability insurance is a key component of modern corporate governance, and assessing its impact…

WASHINGTON COURT HOUSE, Ohio— Western Reserve Group has named Parrett Insurance Agency Inc. of Washington Court House a“ Presidential Agency Partner,” the company announced. Parrett Insurance Agency has represented Western Reserve Group, a property and casualty insurer based in Wooster, since August 1996. Western Reserve Group provides insurance solutions…

Opening arguments began Wednesday morning in the blockbuster insurance fraud trial of two New Orleans personal injury lawyers accused of scheming for years to crash cars into big rigs and bilking insurance companies for huge payouts. The trial taking place at New Orleans' federal courthouse on Poydras Street, plus another slated for August, follow a…

TALLAHASSEE, Fla., March 04, 2026– During National Consumer Protection Week, the Personal Insurance Federation of Florida is highlighting signs of stability in Florida's property and auto insurance markets— as well as the journey from crisis to course correction— through its resource hub: PIFF.net/MarketPulse. "States across the country are watching Florida,"…

LOS ANGELES, March 04, 2026– The Schall Law Firm, a national litigation firm, announces that it is investigating claims on behalf of homeowner policyholders of State Farm, Travelers, and Progressive for breach of covenant of good faith and fair dealing and other potential claims. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century…