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The following information was released by the Illinois Senate Democrats:. State Senator Ram Villivalam is leading the charge with a measure aimed at regulating auto insurance premiums in Illinois. Additionally, the measure would provide a path to relief for residents over age 55 by allowing the Illinois Secretary of State to find a course that meets or…

The following information was released by the Illinois Senate Democrats:. Capping off years of advocacy and negotiations, State Senator Michael E. Hastings carried legislation that would protect Illinois homeowners from unfair rate hikes similar to those endured in the last few years. The legislation would also ban cost shifting, a practice where losses or…

Hurricane coverage adds an average of over $4,500 per year to homeowners insurance premiums in Florida and Louisiana. In Florida, the average premium jumps from $2,557 without hurricane coverage to $7,136 with a 2% hurricane deductible— a difference of $4,579 annually. Louisiana homeowners pay an extra $4,528 per year for the same protection.

–A bill to regulate homeowners insurance rates will be up for consideration in the Illinois House after it cleared the state Senate on Wednesday. Chicago Mayor Brandon Johnson says he is going to meet Pope Leo XIV in Rome later this month. NBC 5 Chicago reported that the mayor’ s first visit with the Chicago- born pope is set for May 28.

May 13– Desperate to get a handle on rising property insurance costs driven by natural disasters, some state lawmakers are opening up a new line of attack in the effort to force oil companies to bear the cost of climate change effects. In three states, Democratic lawmakers introduced bills this session that would allow insurance companies or state attorneys…

The Illinois Secretary of State’ s office expressed support for the bill at a Senate Insurance Committee hearing on Tuesday. “Drivers in Illinois are facing hardships due to increasing automobile insurance rates, and they want oversight to ensure that their rates are not excessive or unfairly discriminatory,” Williams said. Jennifer Hammer spoke on behalf of…

AM Best has downgraded the Financial Strength Rating to B++ from A- and the Long-Term Issuer Credit Rating to“ bbb+” from“ a-” of Arrow Mutual Liability Insurance Company. The outlook of these Credit Ratings has been revised to stable from negative. The ratings reflect Arrow’ s balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating…

The Bowdon City Council on Monday approved Munich Re's quote of $125,819 to provide liability insurance for all city equipment and buildings. The issue has significant statewide impact on all Georgia cities and how municipal liability is applied, and many cities across the state have formally lent their support to Milton, including cities in west Georgia.

“Interest in specialty and niche travel, from adventure and multigenerational trips to solo and accessibility-focused journeys, is creating new opportunities for the travel industry,” says Linda Fallon, Division President, Consumer Business at Arch Insurance.“ As travel becomes more personalized, advisors play an increasingly important role in delivering…

Electric bicycle enthusiasts in Massachusetts may be hitting the brakes on a new summertime hobby as Beacon Hill is considering new regulations and costs for e-bike users. Maura Healey is proposing legislation that would require an annual registration, liability insurance, and an official Massachusetts license plate for all electric bicycles in…

If your ring is worth over $1,000, it is a good idea to get it insured sooner rather than later. What Is Engagement Ring Insurance? Why Do You Need Engagement Ring Insurance?

The ongoing conflict in the Middle East shows how easily a regional economy dependent on seaborne shipping can be taken hostage— a lesson with worldwide applications but particularly sobering for China, the world’ s biggest exporter. The war between the U.S. and Iran underscores the massive economic risks for trade-dependent China of undertaking an invasion…

If your ring is worth over $1,000, it is a good idea to get it insured sooner rather than later. What Is Engagement Ring Insurance? Why Do You Need Engagement Ring Insurance?

The following information was released by the U.S. Postal Service:. PHOENIX Today USPS presented its 2026 Partnership for Excellence Awards to several recipients on the final day of the National Postal Forum, the mailing and shipping industry's largest annual conference. Selected by the Postmaster General and the USPS executive leadership team, the winners…

AM Best has commented that the Credit Ratings of Ohio Bar Liability Insurance Company remain unchanged following the announcement that The Ohio State Bar Association and ALPS Property& Casualty Insurance Company have entered into a definitive agreement under which ALPS will acquire OBLIC, a leading provider of professional liability insurance for…