Americans have grown used to auto insurance as a simple contract. Premiums stay the same throughout the policy term, usually six or 12 months. But that long-standing rhythm is changing in favor of more data-driven pricing and ongoing connectivity.
The latest news, regulation and trends in property & casualty insurance.
More Stories
The Senate bill sailed through that body with a 36-1 vote, but the House of Delegates version, House Bill 1228, was tabled early in the session. Israel O'Quinn, R- Washington County, the House bill's sponsor, after the House Labor and Commerce Committee changed its mind last week about tabling the Senate bill. After another look at the Senate bill and a rare vote…
SANTA FE— Rio Rancho area lawmakers have lots to talk about when it comes to this year's legislative session, including the passage of long-awaited medical malpractice reform and a constitutional amendment that would remove the prohibition on paying lawmakers. Cindy Nava and Jay Block all spoke about the session, which ran Jan. 20 to Feb. 19.
How to know if property damage is covered by insurance. Your home is your haven. Beyond that, it's an asset and investment that should be protected from losses.
A South Bay- headquartered bail bonds company must forfeit $38 million in debt owed by thousands of people across California who allegedly signed misleading and exploitative contracts with the business over the last several years, according to a class-action settlement announced Thursday. The accord with Bad Boys Bail Bonds— which was founded nearly 30…
2026 FEB 26– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ BLUE CROSS BLUE SHIELD GLOBAL” by Stacey J. Watson, Esq. Markery Law LLC, representing Blue Cross and Blue Shield Association. The registrar information for this…
My name is Kaitlin Asrow, and I am the Acting Superintendent of the New York State Department of Financial Services. I appreciate the opportunity to discuss Governor Hochul's fiscal year 2027 Executive Budget. Before I begin, I want to thank Governor Hochul for trusting me to lead DFS into its next chapter.
Home insurance rates may be going through the roof, but State Farm has some good news for its auto insurance customers. State Farm will issue $5 billion in auto insurance dividends to its customers this summer, with a one-time payment of about $100 per vehicle, the Bloomington- based insurance giant announced Thursday. State Farm did not project the average size…
Insurance affordability and accountability Many House members worked alongside Insurance Commissioner John King to develop a package of bills aimed at reducing Georgian’ s insurance premiums. House Bill 1344- Includes stronger fraud enforcement, storm claims protections, and increases more than 40 different fines the In- surance Commissioner can levy…
Jacksonville-based title insurer Fidelity National Financial Inc. increased fourth-quarter earnings despite a continued weak housing market. Adjusted earnings rose 4% to $382 million, or $1.41 per share, with revenue rising 12% to $4.05 billion. "Our title business is performing extremely well in what is still a low transactional environment," CEO Mike…
Combined with Winter Storm Fern, for which insured loss estimates have ranged between $4 billion to $7 billion, the first quarter of 2026 will prove to be an above-average quarter in terms of insured losses, albeit not as costly as the California wildfires of January 2025. “More-effective enterprise risk management practices played a large role in the…
The following information was released by the Natural Resources Defense Council:. The Insurance Information Institute estimates that the number of uninsured homes in the U.S. more than doubled between 2019 and 2023. An estimated 7% to 13% of U.S. homes are currently uninsured.
This year’ s legislative session was gaveled out at noon on Feb.19, and Democrats and Republicans are both declaring victory. The legislation, sponsored by former state representative and trial attorney Daymon Ely, a Democrat representing Bernalillo and Sandoval counties, resulted in skyrocketing malpractice insurance premiums for New Mexico physicians.
South Florida drivers are quick to tell stories about how much their car insurance has soared. Ron DeSantis said state regulators secured nearly $1 billion in premium refunds for Progressive auto insurance policyholders in the state. Erly in February, Cassidy Katherine Rae Caraker noted that she had received a $769 credit covering her February and March…
South Florida drivers are quick to tell stories about how much their car insurance has soared. Ron DeSantis said state regulators secured nearly $1 billion in premium refunds for Progressive auto insurance policyholders in the state. Erly in February, Cassidy Katherine Rae Caraker noted that she had received a $769 credit covering her February and March…
Jeff Landry is asking the state-created Louisiana Workers’ Compensation Corp. to use its balance sheet to help pay for stronger roofs for homeowners in a bid to alleviate a homeowners insurance crisis that has proved an enduring political problem. But the Louisiana Department of Insurance spends about $30 million a year on grants to homeowners to help put…
Could AI claims settlement without a lawyer become the new norm?
A look at AI-to-AI claims settlement and what it could mean to policyholders.
The high-profile abduction of Nancy Guthrie is focusing new attention on a little-known, but quickly growing, segment of the insurance industry known as "kidnap and ransom" in which underwriters cover clients at risk from criminals at home and abroad. As of Monday, the fate of Nancy Guthrie remained unknown. The FBI describes the prime suspect as a male between 5…
U.S. insurers remain optimistic about investment conditions for 2026, even as they anticipate a more challenging macroeconomic environment marked by higher inflation, liquidity risk and lower Fed interest rates, according to the new annual Conning Insurance Investment Risk survey.
Bowhead Specialty Holdings Inc., a specialty lines insurance group focused on providing casualty, professional liability and healthcare liability insurance products, delivered through complementary“ craft” and“ digital” underwriting models, today announced financial results for the fourth quarter and year ended December 31, 2025.
