A new Issues Brief from the Insurance Information Institute found that legislation moving through the Illinois General Assembly would likely make property/casualty insurance less affordable and less available for consumers by constraining insurers’ ability to price risk accurately, without addressing the underlying causes of rising premiums.
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First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation, today introduced AgentNet ® Assist: Title Intelligence, a new capability that helps title professionals move from document navigation to decision-making more quickly using…
The following information was released by the Insurance Information Institute:. A new Issues Brief from the Insurance Information Institute found that legislation moving through the Illinois General Assembly would likely make property/casualty insurance less affordable and less available for consumers by constraining insurers' ability to price…
The following information was released by Pennsylvania Senator Dave McCormick:. U.S. Senators Dave McCormick, Tina Smith, Thom Tillis, and Ruben Gallego today introduced the bipartisan Terrorism Risk Insurance Program Reauthorization Act of 2026, which is essential to economic security by safeguarding the availability of terrorism risk coverage.
Weeks later, Willard claims that an adjuster for State Farm, his home insurer, said his roof should be replaced. But that same day, State Farm reversed itself and denied Willard's insurance claim. Soon after, State Farm canceled Willard's coverage, leaving him with a battered roof that no other company would insure.
HORRY COUNTY, S.C.— South Carolina lawmakers face increased pressure to once again address the state's liquor liability law as business owners say the cost of required liability insurance has become unsustainable, impacting their operations and ability to remain open. Current state law mandates that businesses serving alcohol carry at least $1 million in…
The agenda featured topics including developments in the vision care services marketplace, and the use of genetic testing in life insurance underwriting.
Radian Group Inc. today announced that it will host an Investor Day on Thursday, June 4, 2026, beginning at 9 a.m. Eastern time in Midtown Manhattan, New York City. During the event, Radian’ s executive leadership team will discuss the company’ s long-term strategy for value creation as a global multi-line specialty insurer, outlining how its strong financial…
Porch Group, Inc., a new kind of homeowners insurance company, today reported first quarter results through March 31, 2026, that exceeded our expectations. Porch generated for shareholders 1 first quarter 2026 revenue of $109.4 million. Net loss attributable to Porch was$ million, and Adjusted EBITDA was $19.7 million.“ Porch Shareholder Interest” includes the…
The bills– House Bills 5886 through 5889– are co-sponsored by both Republicans and Democrats, including Rep. Under current law, Michigan drivers must carry at least $250,000 in personal injury protection coverage, the highest minimum in the country. In addition, one of the bills would reduce the state’ s required bodily injury liability coverage from $50,000/…
Origami Risk, the industry-leading risk, safety and insurance Software as a Service technology firm, today announced Gramercy Risk Management has selected its cloud-native SaaS P&C platform to support its continued growth and expansion. Origami Risk was selected by Gramercy Risk following a comprehensive evaluation process that assessed functional…
The pace of M&A activity slowed slightly in the first quarter of 2026 versus 2025, but the downward trend appears…
Protective Life Corporation, a U.S. subsidiary of Daiichi Life Group, Inc., announced today that its principal subsidiary, Protective Life Insurance Company, has entered into an agreement with Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, software, industrials and healthcare…
California homeowners struggling with delayed insurance claim payments, underpayments, and non-renewals could see some relief if a trio of bills moving through the state senate become law. All three bills are with the Senate Appropriations Committee, after passing Insurance Committee review. The average annual cost of home insurance in California was…
Creators are the new underwriters of trust
As faith in institutions wanes, auto insurers can rebuild credibility and attract younger customers by shifting from brand-led advertising to creator-driven storytelling on platforms they own.
MYRTLE BEACH, S.C.— South Carolina lawmakers are facing increasing pressure to address the state's liquor liability law. The current South Carolina law mandates that businesses serving alcohol carry at least $1 million in liability insurance. The insurance mandate for businesses with state liquor licenses has been in effect since it was approved by the…
In an effort to put a dent in the state's housing shortage, California is considering something unprecedented: getting into the construction insurance business. Recently, Assemblymember Buffy Wicks, an Oakland Democrat, and a bipartisan coalition of lawmakers raised the curtain on a long-awaited package of bills meant to push developers toward…
Candy Christiansen and her husband bought a vacation home about two years ago on Hilton Head Island. Our heart is on Ocean Lane,” she said. Hilton Head residents are often facing similar decisions: Go without flood insurance and risk their home or pay thousands in bills in insurance premiums.
The following information was released by the Tennessee Department of Commerce and Insurance:. The Tennessee Department of Commerce and Insurance announces new guidelines for insurance carriers when using aerial imagery, including drone photography, when inspecting consumers' properties. "Our team is aware of incidents in other states where homeowners'…
Hundreds of thousands of properties in Hawaii do not currently qualify for flood insurance, the report noted, and many remain uninsured or underinsured despite these growing environmental risks. Hawaii farmers, for instance, do not qualify for federal crop insurance since it is only available to large-scale, single-crop farms more commonly found on the U.S….
