Greg Abbott outlined his plans to address home and car insurance costs during a Wednesday campaign stop in Houston. An outline of the plan shared by Abbott's campaign proposes a $400 million program in which homeowners can receive up to $10,000 for roofs that can withstand wind and hail damage. In Texas, most insurers cannot consider traffic violations when…
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Williams has been with AM Best since 2006 and is responsible for monitoring and evaluating a myriad of companies that operate in the personal lines, commercial lines and life/annuity segments in the United States and Canada. “Target Topics” is hosted by the Target Markets Program Administrators Association and covers the program business insurance segment.
Aegis Travel Insurance, a division of Aegis General Insurance Agency and K2 Insurance Services, has launched protection options designed for experience-first travelers who plan vacations around once-in-a-lifetime concerts, festivals, and sporting events, as opposed to the destination. Ticket insurance might refund the cost of a seat, but it doesn’ t…
North Carolina prides itself on being among the most military-friendly states in the nation. The state has several large active-duty bases and provides significant support for military and veteran communities. Active-duty military members and their families will find themselves making decisions about insurance, meeting liability requirements and…
Underwriting conditions remain favorable across much of the U.S. property/casualty insurance industry as economic drivers stabilize and moderating claims-cost pressures support stronger underwriting results, according to the latest members-only Insurance Economics and Underwriting Projections: A Forward View from the Insurance Information…
Thousands filed into a North Raleigh church for a somber funeral service for Raleigh Police Detective Paul Hale, fatally shot while trying to arrest a murder suspect. More than 100 Raleigh police officers revolted by jamming into a City Council meeting and demanding that Chief Robert Goodwin resign or be fired. In 1926, 80 farmers from Wake, Franklin and Vance…
Greg Abbott outlined his plans to address home and car insurance costs during a Wednesday campaign stop in Houston. An outline of the plan shared by Abbott’ s campaign proposes a $400 million program in which homeowners can receive up to $10,000 for roofs that can withstand wind and hail damage. In Texas, most insurers cannot consider traffic violations when…
Jennifer Fleener, 60, Indianapolis 57 months' imprisonment; 2 years of supervised release $1,199,149.32. Asha Mimms, 46, Indianapolis 12 months' and 1 day imprisonment; 2 years of supervised release $365,570.85. Jennifer Thompson, 45, Indianapolis 3 years' probation $604,745.12.
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” for Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company and Safety Northeast Insurance Company. Collectively, these companies are referred to as…
Berkshire Hathaway Specialty Insurance today announced two promotions within its Healthcare Professional Liability business. “Jarek and Greg are leaders who have each played an important role in the growth and success of our Healthcare business,” said Leo Carroll, Head of U.S. Healthcare, BHSI.“ Jarek brings exceptional underwriting expertise, strategic…
California law requires car insurance companies to offer a discount to eligible older drivers. Under California Insurance Code, drivers 55 and older are eligible for a car insurance discount after completing a "mature driver improvement course provided for and approved” by the California Department of Motor Vehicles. According to AARP, the course reviews…
WASHINGTON, July 15, 2026/ PRNewswire/— U.S. News& World Report, the global authority in rankings and consumer advice, today recognizes the winners of the 2026-2027 Home Insurance Awards. "When choosing the right home insurance company to trust with their largest asset, homeowners should consider not only the cost of a policy but also the reliability of that…
The following information was released by the office of the Governor of California:. Governor Newsom today took action to inform survivors of the Eaton and Palisades fires of their rights regarding funds to rebuild, and warned lenders against practices that may deny or delay homeowners' access to insurance proceeds needed for rebuilding.
After a storm tears through Houston, the damage is impossible to miss: torn shingles, water staining the ceiling, windows shattered across the floor. You do the right thing, documenting everything, mitigating further loss, and reporting the claim to your insurer. In Houston, a home insurance fight doesn't always begin with a formal denial letter showing up in the…
RockRose Risk, the insurance brokerage giving property owners discounts for wildfire mitigation, today announced the launch of its homeowners insurance product in California. The expansion, which follows the rapid growth of their commercial property product in California, Nevada, and Colorado, marks the company’s first entry into the residential market.
SWBC ®, a diversified financial services company, announced a new partnership with Covered Insurance Solutions, a leading digital insurance platform purpose-built for the mortgage industry. SWBC’s new partnership with Covered Insurance Solutions. “Mortgage servicers are facing growing challenges related to regulatory requirements, insurance…
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Hurst Home Insurance Company, Inc.. The Credit Ratings reflect HHIC’ s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and…
Louisiana’s property/casualty insurance market posted its first broad rate relief this decade in 2025, but headwinds caused by legal system abuse persist, according to a new members-only Issues Brief published today by the Insurance Information Institute. P/C premium rates fell statewide across all lines combined by an average of 0.4% last year,…
CA fire laws: How homeowners can recover and how advisors can help
When a California homeowner applies for or renews a homeowner’s policy, residential property insurers are required to provide them with a replacement cost estimate.
The following information was released by the Insurance Information Institute:. Louisiana's property/casualty insurance market posted its first broad rate relief this decade in 2025, but headwinds caused by legal system abuse persist, according to a new Issues Brief published today by the Insurance Information Institute. Triple-I's analysis of SandP…
