Property and Casualty News

Are lower home insurance rates leading to cost reductions for Florida homeowners? After insurance leaders in Florida spent the last year touting the revival of a healthy insurance market, the South Florida Sun Sentinel decided to find out whether policyholders have been affected in the only way most of us care about: Can we insure our homes for a lower price?

Zachary Norton, 38, is charged with driving while impaired, no liability insurance, failure to display registration plate and a brake light equipment violation, the Morganton Department of Public Safety said in a news release. Morganton police officers saw a lawnmower driving along East Union Street near East Fleming Drive shortly before 9 p.m. Wednesday.

New Mexico's superintendent of insurance said Thursday she hopes the Legislature will continue its support of a $10 million wildfire mitigation program for homes at extremely high wildfire risk, a program she said is becoming a national model to address rising homeowners' insurance rates and cancellations. The Legislature gave $10 million to the Office of…

How your credit score really affects your car insurance rate. CheapInsurance.com examines how an applicant's financial profile intersects with their driving profile in determining auto insurance rates. According to the National Association of Insurance Commissioners, the factors used to calculate this score include:.

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of First American Title Insurance Company and its title affiliates, which are referred to as First American Title Insurance Group. In addition, AM Best has affirmed the Long-Term ICR of“ bbb” of the parent holding company, First American Financial Corporation.

The average U.S. tenant pays $264 annually for renters insurance, according to Insurify data. Five cities along the Gulf Coast rank among the 10 most expensive cities for renters insurance: New Orleans, Baton Rouge, and Lafayette in Louisiana, and Biloxi and Gulfport in Mississippi. In fact, Detroit, the most expensive city for renters insurance, is the only one…

Largest Caribbean Insurers U.S. Workers’ Compensation– 2024 Direct Premiums Written U.S. Property/Casualty Asset Distribution U.S. Life/Health Asset Distribution U.S. Life/Health– Pre-Tax Investment Total Returns U.S. Homeowners Multiperil– Top Writers by State, Canada and U.S. Territories. U.S. Life/Health Insurers’ Investment Returns U.S. Homeowners…

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of NongHyup Property and Casualty Insurance Company Limited. The ratings also reflect the implicit and explicit support the company receives from its ultimate parent, National Agricultural Cooperative Federation. Particularly, the company’ s financial…

No‑ fault vs at-fault auto insurance rates explained. Auto insurance laws vary across the United States, and one of the most important distinctions is between at‑ fault and no‑ fault systems. In at‑ fault states, the driver responsible for an accident is liable for damages, while in no‑ fault states, each driver's own insurance covers medical expenses and lost wages…

Is malpractice insurance the same as professional liability insurance? Malpractice insurance, professional liability insurance, and errors and omissions are closely related. But what should you call the liability business insurance you need for your profession?

Americans pay anywhere from 2% to 18.4% of their take-home income for mandatory home and auto insurance, depending solely on where they live, according to a comprehensive new analysis by MoneyGeek covering all 50 states and Washington, D.C.

"Florida- focused independent insurance agency that helps small employers and families compare employee benefits, group health options, and essential home, auto, life and flood coverage from multiple carriers." Florida- based independent agency E Policy Review is expanding its guidance for small employers and households on employee benefits, group health…

Shares of Loews Corporation (NYSE: L) traded at a new 52-week high today and are currently trading at $106.14. So far today, approximately 124.29k shares have been exchanged, as compared to an average 30-day volume of 643.49k shares. Loews Corporation provides commercial property and casualty insurance in the United States and internationally. The company offers […]

The National Flood Insurance Program, which accounts for 90% of all U.S. flood policies, often couldn't sell or renew coverage during the 44- day government shutdown.1 The budget bill that ended the shutdown also reauthorized the NFIP through Jan. 30, 2026.2 The incident highlighted how flood insurance costs could spike for many policyholders if the program…

The truth about minimum coverage requirements in your state. In this article, CheapInsurance.com cites examples of states with the highest, average, and lowest liability limits, and then provides a list of each state's required minimum liability limits. Every U.S. state, with one exception, requires drivers to carry a minimum level of auto insurance to legally…

Auto and Home Insurance rates have been exploding over the last 5 years along with increased home prices, Category 4-5 Hurricanes and Insured Losses. In Florida, unscrupulous contractors and plaintiff attorneys were also jacking up insurance claim costs. The Florida state-created Citizens Property Insurance Corp. became the state's biggest property…

The following information was released by Consumers Union:. Consumer Reports testified before a joint public hearing of three New York State Senate Committees examining the rising cost and shrinking availability of homeowners insurance across the state. Sara Enright, CR's Senior Director of Safety and Sustainability, delivered testimony on behalf of the…