Seeking answers for insurance crisis left in Milton, Helene’s wake
As the cleanup continues from hurricanes Milton and Helene, states and municipalities need to get serious about property protection.
Hawaii’s high court sides with AIG in climate change lawsuit
Hawaii’s highest court sided with American International Group in classifying greenhouse gases as pollution, thereby triggering an insurance exclusion.
Regulators agree on single LTC rate review, punt cost-sharing details
A state regulator working group agreed Thursday on a single long-term care rate review process based on the Minnesota method.
Regulators set to tackle reinsurance concerns after comment period
State insurance regulators are set to return to the reinsurance issue as soon as Thursday.
Sen. Cassidy introduces anti-ESG investing bill
The growing anti-ESG investing movement claimed a powerful ally last week when a bill to ban ESG consideration was introduced.
Skyrocketing home insurance rates deter homebuyers
Despite falling interest rates, potential homebuyers are meeting a new, formidable obstacle: the skyrocketing cost of home insurance.
September yields life application gains in younger age groups, MIB says
Life insurance application activity showed gains in the coveted younger age bands during September, according to the MIB Life Index.
Census: uninsured rates dropped significantly with ACA
New census data confirm that uninsured rates nationwide have been dropping significantly post-Affordable Care Act.
Most Americans fear financial decline if their preferred candidate loses
Nearly 4 in 5 Americans expect their personal finances to decline if their preferred candidate loses the presidential race.
How one AI solution is aiming to help tackle insurance fraud
One California-based data company is hoping its AI technology can be used to help fight insurance fraud across the industry.
Court upholds $28.4M verdict of COI charges, adds potential interest
A Missouri appellate court upheld a $28.4 million award last week in a class-action lawsuit over the accumulated cash value of universal life policies.
Interest rates, AI usage among factors to drive whole life insurance growth
LIMRA discusses the factors that will drive life insurance growth, as well as some challenges for carriers and agents.
Despite escalating threat, execs slow to go for cyber insurance
U.S. business executives are more worried than ever about the risk of cyber threats and attacks, but slow to take measures.
Hurricane Helene bears out predictions of growing storm threat
Hurricane Helene, a category 4 storm, brought up to 30 inches of rain in some areas, with winds up to 140 miles an hour.
Insurance CEOs leaning into AI, M&As, survey finds
Insurance carrier CEOs are more energized about AI and M&As than their counterparts in other industries, a recent KPMG survey finds.
MetLife vindicated in class-action lawsuit over LTC rate hikes
A federal appeals court declined to reinstate a class-action lawsuit Friday over long-term care insurance rate hikes by MetLife.
Moody’s: Commercial properties worth $425.9B in Hurricane Helene’s path
Approximately 161,849 commercial properties with a total estimated value of $425.9 billion are in the direct path of Hurricane Helene, according to Moodys.
Regulators issue draft guidance to test compliance with annuity rules
A state regulator group is circulating draft guidance on compliance expectations for its best interest standard for annuity sales.
Navigating the Hurdles: A guide to selling LTC insurance
There are many challenges in selling long-term-care insurance. So, what does it take to rev up sales of this much-needed product?
