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…
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Risk transfer has become compliance theater
What contractual risk transfer looks like.
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…
Washington fines USAA, Allstate over claims violations and 86,705 home policies
USAA Allstate fines total $230,000 over claims-handling violations and missing premium-change disclosures on 86,705 homeowners policies.
Why fewer than half of independent agents see carriers as true partners
Only 48% of independent agent-carrier relationships qualify as partnerships. Research shows agents value trust, support and stability.
The next act for cyber insurance
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…
As announced last week, President Trump has approved Ohio's major disaster declaration for the storms and flooding that occurred Aug. 10– 23. U.S. Congressman Troy Balderson has shared the following information on how to apply for flood-related disaster assistance:. If you have homeowners, renters, or flood insurance, please file your insurance claim before…
ELYSBURG— Klebon Insurance Group announced that Liam Klebon has joined the company. As part of his role with Klebon Insurance Group, Klebon is working toward obtaining his property and casualty insurance licenses through Erie Insurance. This training, according to Klebon Insurance Group, will help him further develop his knowledge of the insurance industry…
CLEVELAND& DALLAS—- Align Capital Partners’ national insurance investigative services platform Advantage Investigations recently completed the acquisition of NorStar Investigations. The business primarily serves general liability insurance carriers, third-party administrators and law firms throughout New York, New Jersey and Pennsylvania.
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.”.
U.S. House Majority Leader Steve Scalise of Louisiana told a Baton Rouge columnist that Congress has done a number of good things that people know little about and some that have helped Louisiana. Louisiana would be a major benefactor of that reform because its coastal areas are susceptible to flooding. Dan Charlson of Lake Charles told The AP that his flood…
Hippo Holdings released its third annual 2026 Extreme Weather Report, revealing the lasting financial consequences of weather-related home damage.