Risk transfer has become compliance theater
What contractual risk transfer looks like.
The latest news, regulation and trends in property & casualty insurance.
USAA Allstate fines total $230,000 over claims-handling violations and missing premium-change disclosures on 86,705 homeowners policies.
Only 48% of independent agent-carrier relationships qualify as partnerships. Research shows agents value trust, support and stability.
By 6 p.m. on a recent Monday, Vikki Goodwin had sat through a five-hour Texas House insurance committee hearing, worked the phones to thank campaign donors for their latest checks, sat for an interview with a cannabis podcast where she bashed Lt. Such is half a day in the life of Texas' Democratic nominee for lieutenant governor, who is taking on one of the state's top…
The Travelers Companies, Inc. today reported net income of $1.917 billion, or $9.04 per diluted share, for the quarter ended September 30, 2026, compared to $1.888 billion, or $8.24 per diluted share, in the prior year quarter. Core income in the current quarter was $1.947 billion, or $9.18 per diluted share, compared to $1.867 billion, or $8.14 per diluted share, in…
JEFFERSON CITY, Mo.– October's Great ShakeOut drill offers a good opportunity for families to plan ahead and prepare for a major earthquake in the New Madrid Seismic Zone. The Missouri Department of Commerce and Insurance encourages Missourians to make financial preparations part of their emergency plan, including earthquake insurance.
The following information was released by Rainforest Action Network:. Legislation, regulations needed to hold U.S. insurance companies accountable for profiting from the affordability crisis driven by financing fossil fuel. Rainforest Action Network, Green America, and Stop the Money Pipeline have long warned that the property insurance industry's…
In fact, federal regulations and the Florida Building Code bar single family homeowners in flood zones from installing permanent flood barriers on their properties at all. In Florida, where homeowners are increasingly finding floodwaters at their door, the market for these kinds of products— both off the shelf at a home improvement store and custom-built— has…
2026 OCT 15– By a News Reporter-Staff News Editor at Politics, Law& Government Daily– Data detailed on Politics and Government have been presented. Financial support for this research came from U.S. Department of Agriculture’ s National Institute of Food and Agriculture. The news correspondents obtained a quote from the research from Cornell University,“…
The U.S. property/casualty insurance industry is maintaining steady underwriting performance following several years of economic and underwriting volatility, with favorable results expected to continue in 2026, according to the latest members-only webinar Insurance Economics and Underwriting Projections: A Forward View from the Insurance…
When you get behind the wheel, you feel more secure strapping on your seatbelt and knowing that you have a car insurance policy in place. The numbers may surprise you: The Insurance Research Council reveals that 1 in 3 drivers was either uninsured or underinsured in 2023, up 10 percentage points since 2017. An uninsured driver, on the other hand, is someone who does…
However, the club's insurer, American Fire and Casualty Company, capped the payout for the carts at $110,000. American Fire and Casualty Company, which is headquartered in Boston, sent a letter to the Longview Country Club on Dec. 12, 2025, notifying them that the carts fall under a different part of their insurance called the "Commercial inland marine scheduled…
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” for the members of the AmTrust Group. At the same time, AM Best has affirmed the FSR of A- and Long-Term ICR of“ a-” of AmTrust Title Insurance Company. AmTrust has 25 years of workers’ compensation experience and has…
Financial abuse can leave survivors of domestic violence facing economic consequences long after an abusive relationship ends, from damaged credit and debt to lost access to bank accounts, insurance information and other financial resources. During Domestic Violence Awareness Month, the Insurance Information Institute is highlighting practical…
USAA Allstate fines total $230,000 over claims-handling violations and missing premium-change disclosures on 86,705 homeowners policies.
Only 48% of independent agent-carrier relationships qualify as partnerships. Research shows agents value trust, support and stability.
Outside of corporations, coverage against cyber risks remains an underpenetrated market.
The Federal Emergency Management Agency is proposing changes to the Flood Insurance Rate Map in Howard County, which could mean some property owners will have to purchase flood insurance. Changes in the map stretch across the county, with residents who have a portion of their property in the new 100- year floodplain receiving a letter from Howard County.
The incident happened at about 6:09 p.m., according to a news release from Officer Shelbie Boyd, spokesperson for the Tacoma Police Department. Someone approached Bad Boys Bail Bonds in the 4800 block of Pacific Avenue while three employees were inside. Anyone with information about this incident is asked to contact the Tacoma Police Department.”.
Two Democrats, Ben Allen and Jane Kim, are both running for California insurance commissioner, a job that has become especially high-profile since the Los Angeles area wildfires in January 2025 created a rift in the homeowners insurance system. The Southern California News Group asked the candidates vying to represent you several questions in order to help…
Carmen Rivera-Rivera, 52, was arrested last week by inspectors from the Medicaid Fraud Control Unit of the Office of the Chief State’ s Attorney and charged with health insurance fraud and first-degree larceny by defrauding a public community. On May 20, the fraud control unit received a complaint that Rivera-Rivera, an employee of the AFL program, had enrolled…
Peyton AI ® today launched an AI-powered triage platform for medical negligence claims, built to help law firms, malpractice insurers and hospital risk teams learn in minutes whether a case merits further investment, a call that typically takes months of record review and an initial expert report. In a validation study of more than 1,000 closed cases, the…