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…
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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…
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.
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…
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 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…
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…
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 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…
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…
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.
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.
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…
The agenda featured topics including developments in the vision care services marketplace, and the use of genetic testing in life insurance underwriting.
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, 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…
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/…
Origami Risk, the industry-leading risk, safety and insurance Software as a Service technology firm, today announced Gramercy Risk Management has selected its cloud-native SaaS P&C platform to support its continued growth and expansion. Origami Risk was selected by Gramercy Risk following a comprehensive evaluation process that assessed functional…
The pace of M&A activity slowed slightly in the first quarter of 2026 versus 2025, but the downward trend appears…
Protective Life Corporation, a U.S. subsidiary of Daiichi Life Group, Inc., announced today that its principal subsidiary, Protective Life Insurance Company, has entered into an agreement with Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, software, industrials and healthcare…
