Property and Casualty News

COCHISE COUNTY— The Federal Emergency Management Agency has released preliminary flood maps for Cochise County and the cities of Bisbee, Benson, Douglas and Tombstone, identifying updated flood hazards along multiple waterways in the region. The revised Flood Insurance Rate Maps, known as FIRMs, reflect updated flood risk information developed in…

Ronald Demario Berry- careless driving, eluding law enforcement, probation violation, no proof of liability insurance. Ivan Eric Bush- possession of marijuana in a motor vehicle, DUI. Andre Germaine Carter- contempt of court.

The following information was released by Pennsylvania House of Representatives, Republican Caucus:. Kerry Benninghoff, Republican chairman of the House Transportation Committee. Ironically, PennDOT Secretary Mike Carroll, who played a role in making this come to fruition, worked on this issue for a number of years when he was a state representative.

A proposed bill in Michigan would close a loophole that no-fault auto insurance companies have utilized to deny claims. Senate Bill 782 was introduced by Mallory McMorrow and sponsored by another Democrat. The bill was referred to the Committee on Finance, Insurance, and Consumer Protection.

The first of two forums on affordability and home insurance in Teller County attracted 140 people on Feb. 7 at the Woodland Park library conference room and lobby. I'm mad, too, mad that we haven't been able to find solutions, "said Michael Conway, Colorado's insurance commissioner. When several insurance companies pulled out of Colorado, by 2020, the state took…

The first of two forums on affordability and home insurance in Teller County attracted 140 people on Feb. 7 at the Woodland Park library conference room and lobby. When several insurance companies pulled out of Colorado, by 2020, the state took notice that just five big companies were“ gobbling up the business,” Conway said. But the main cause of the high cost of…

Most Operators Remain Confident Despite Rising Food Costs and Increased Claims Severity. PLEASANT GROVE, UTAH- February 12, 2026- Food Liability Insurance Program, a national insurance program designed for small to mid-sized operators in the food and beverage industry, today released its third annual 2026 Food& Beverage Industry Trends Report, combining…

Leading U.S. auto insurers have become the first to go live with the system as early implementation partners. The platform represents the first successful deployment of blockchain technology for live claims data exchange in the U.S. insurance industry. “This production launch represents the culmination of seven years of dedicated work by The Institutes and…

Summit, a leading superregional provider of workers’ compensation insurance services, is pleased to announce the expansion of its coverage into Delaware and Pennsylvania. Delaware and Pennsylvania property and casualty agents interested in offering Summit workers’ comp to their clients can reach out to Greg Thomas at…

Mississippi's two senators, Roger Wicker and Cindy Hyde-Smith, contend that NFIP presently is out of balance on the high side. Over the past eight months, they along with six other Republican senators from flood- or hurricane-prone states have written two letters of complaint to the top administrator of the Federal Emergency Management Agency, under whose…

The following information was released by the Washington State House Democrats:. The Washington State House of Representativeshaspassed a bill protecting insurance coverage for household pets. It now heads to the State Senate for consideration.

The following information was released by the office of the Governor of New York:. Governor Kathy Hochul today highlighted her proposals to bring down costs of auto insurance rates and tackle fraudulent claims across New York State. "For most people, car insurance isn't a luxury it's a necessity, especially here on Long Island where people rely on their cars to…

The following information was released by the office of the Governor of New York:. Governor Hochul: "It's time to slam the brakes on fraud. I'll empower our State Police and local Department of Financial Services to clamp down on the car insurance con artists.

The following information was released by the office of the Governor of Colorado:. DENVER- Today, Governor Polis and the Colorado Division of Insurance, part of the Department of Regulatory Agencies, released new data from homeowner insurance carriers showing that in many counties hail is the largest cost driver of homeowners insurance spikes.

Porch Group, Inc., a new kind of homeowners insurance company, today reported fourth quarter and full-year results through December 31, 2025, that exceeded our expectations. Net loss attributable to Porch was$ million, and Adjusted EBITDA was $23.5 million. In January 2025, the Porch Reciprocal Exchange was formed as an insurance entity owned by its…

AM Best is revising its market segment outlook for the U.S. directors and officers liability insurance segment to stable from negative, citing rate stabilization and improving loss ratios, among other factors. The Best’ s Market Segment Report,“ US Directors and Officers Liability Insurance,” states that after years of premium decreases, declining security…

–Insurance companies could be compelled to pay homeowners in Southern California who lost their homes in the January 2025 wildfires, if elected leaders have their way. During a news conference Monday evening at the Capitol, local leaders and homeowners from the Los Angeles area joined Assemblymember Tina McKinnor, D- Inglewood, to announce legislation is…

After a three-day partial federal government shutdown, Congress has reauthorized the National Flood Insurance Program until Sept. 30. Periodically, Congress must renew NFIP's statutory authority to operate. Groups like NAR are now pushing Congress to work on a long-term reauthorization.