The following information was released by the Colorado Senate Democrats:. DENVER, CO The Senate Finance Committee today passed a bill to stabilize Colorado's homeowners insurance market and mitigate the impacts of natural disasters. SB26-155, sponsored by Senators Kyle Mullica, D- Thornton, and Janice Marchman, D- Loveland, would create a grant program to…
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From freezes to hurricanes, Texas has no shortage of natural disasters. UAF’ s report prompted a response from the American Property Casualty Insurance Association, which was quick to point out that Texas has been“ impacted more than any other state in the country by what are known as Billion Dollar Storms.”. The onslaught of lawyer advertising and lawsuits that…
Purpose over speed: How carriers will win with AI
Before any AI tool is implemented, insurers must ask a fundamental question: What problem are we looking to overcome?
Monica De La Cruz has put the home insurance industry ahead of her constituents after taking nearly $50,000 in industry cash for her campaigns, according a new report that will be issued later today. The report, prepared by an opposition research group, points out that the McAllen metro area that De La Cruz represents has the highest percentage of uninsured…
FEMA cuts and home insurance rates: How a shrinking disaster response budget could hurt your budget. Funding cuts to federal programs, such as FEMA's Building Resilient Infrastructure and Communities program and the National Flood Insurance Program, reduce disaster preparedness and response across the U.S.. Insurance.com examines how recent federal…
Republican New Mexico senators are calling on the Democratic chairwoman of a legislative health committee to place some of Republicans' top issues on interim meeting agendas over the coming months. Liz Thomson asking her to allow the interim Health and Human Services Committee to hear legislative proposals regarding medical malpractice reform, "baby…
Estimated revenues of $22,496,285 increase 6.89% from $21,046,487 in FY2026 and estimated expenditures of $23,291,316 increase 6.72% from $21,249,031. Non-recurring expenditures include $310,000 for a portion of the annual contribution to the Intergovernmental Risk Management Association for liability insurance; $129,945 for police, fire and…
Little Rascals star Brandon "Bug" Hall was recently arrested for failure to appear in court— and it wasn't his first run-in with the law. Hall was cited on October 29 in Ohio for failure to show proof of liability insurance. In June 2020, he was arrested in Weatherford, Texas, Page Six reported, and booked for misdemeanor possession for use to inhale or ingest a volatile…
The Insurance Information Institute has published a new members-only Issues Brief, Severe Convective Storms: State of the Risk, finding that tornadoes, hail, straight-line winds and severe thunderstorms caused $51 billion in U.S. insured losses in 2025, marking the third straight year such losses have exceeded $50 billion, more than any other category of…
Origami Risk, the industry-leading risk, safety and insurance Software as a Service technology firm, today announced Tokio Marine HCC– Specialty Group has selected its cloud-native SaaS P&C platform to refine core operations across its global specialty insurance portfolio. Origami Risk was selected by TMHCC– Specialty Group following an extensive…
The Southern California- based consultancy helps property owners nationwide identify, document and evaluate casualty loss deductions for tax relief under federal and state tax law. “CCS was formed in response to the challenges property owners face when seeking compensation for casualty losses after federally declared disasters,” said Derek Myron, CCS’ s…
Federal Express has filed a lawsuit against New York lawyers it accuses of staging traffic accidents and arranging for unnecessary medical treatment to increase the value of injury lawsuits. FedEx sued Ikhilov Law Group and several medical care providers last week in New York federal court, as rising auto-insurance costs have been a hot topic in the state.
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Could Colorado’s new home insurance bill catch on in other states?
Industry experts are weighing whether a new home insurance bill introduced in Colorado could spur other states to similar action
The following information was released by the Insurance Information Institute:. The Insurance Information Institute has published a new members-only Issues Brief, Severe Convective Storms: State of the Risk, finding that tornadoes, hail, straight-line winds and severe thunderstorms caused $51 billion in U.S. insured losses in 2025, marking the third…
In recognition of Distracted Driving Awareness Month, Idaho law enforcement agencies are increasing patrols through April 15, focusing specifically on drivers distracted by cell phone use– a violation that can lead to crashes, injuries or fatalities, and higher auto insurance premiums. In 2024, 3,208 people were killed in crashes involving distracted…
Sell more, cover better as telematics get smarter
Eighty-eight percent of fleets reported they use telematics for safety, yet only 30% share their data with insurers, according to SambaSafety’s 2025 telematics report.
I’ ve written at least a dozen columns about the disaster at the New Mexico Children, Youth and Families Department. Health care providers in New Mexico are not going to return to pre-pandemic levels overnight because the Legislature passed malpractice reform and authorized joining two interstate licensure compacts. New Mexico ranks 48th in the nation for…
State lawmakers on Monday received an update on Hawaii's efforts to stabilize its strained property insurance market, with officials pointing to early gains from the Hawaii Hurricane Relief Fund and warning of upcoming changes that could expand flood insurance requirements on Oahu. The joint informational briefing held by the House and Senate…
The collapse of Prospect Medical, a for-profit hospital chain plundered by private equity and the company's management, has generated a painful litany of woes. Amid a debt-fueled acquisition spree that saw the small California company grow to 17 hospitals in six states, Prospect was repeatedly cited for dangerous medical care, poor infection control and…
