The latest news, regulation and trends in property & casualty insurance.
Forecasters are warning that Super El Niño is expected to make its debut soon and will likely continue through winter and early 2027.
The California property insurance market is currently facing severe structural strain, making coverage increasingly expensive and difficult to find.
A pair of plaintiffs say that Liberty Mutual Insurance Co. failed to protect sensitive personal and medical information allegedly stolen in a data breach.
The following information was released by Louisiana Senator Bill Cassidy:. He urged colleagues to address rising costs driven by the Biden-era Risk Rating 2.0 policy and act before the next storm threatens Louisiana families. Last year, thankfully, no hurricanes hit Louisiana.
Arch Insurance North America today announced a series of leadership and distribution appointments designed to strengthen its Wholesale platform and support long-term growth in the Excess& Surplus market. “Unifying E&S Property and E&S Casualty under Jason, and appointing Jared as a dedicated Wholesale distribution leader, allows for stronger internal…
At the Tuesday, June 2 meeting of the Clay City Town Council, Council President Donnella Baumgartner confirmed that some funds had been received in relation to former Clerk-Treasurer Karla Pipes, who was convicted of wire fraud in February 2026. According to an official State Board of Accounts presentation, surety bonds for Clerk-Treasurers and Controllers…
According to the JD Power 2026 U.S. “We’ re moving from a crisis-driven market to a digital‑ and AI‑ driven market,” said Stephen Crewdson, managing director, insurance intelligence at JD Power.“ Even as rate pressure eases, customers are getting more quotes than ever because mobile apps and AI tools make it so much easier to compare options and understand coverage.
Radian Group Inc. will host an Investor Day today, 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 the company’ s strong financial foundation,…
Winds in Houston knocked down massive trees and power lines leaving more than 19,000 people without power. The National Weather Service confirmed an EF-1 tornado packing winds of 105 mph in Guadalupe County. These National Flood Insurance Program poli- cies offer coverage up to $250,000 for a personal residence and $100,000 for personal belongings.
Illinois lawmakers passed sweeping auto insurance reforms that would give state regulators the power to challenge excessive rate hikes for the first time, ending Illinois' status as one of only two states without such authority. Senate Bill 714, championed by Secretary of State Alexi Giannoulias, cleared the General Assembly after Illinois drivers were…
2026 JUN 03– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– CopperPoint Insurance Company, a leading Arizona- based specialty provider of workers’ compensation and commercial insurance solutions, announced the signing of a definitive agreement to acquire General Indemnity Group and its subsidiaries, including United Casualty&…
2026 JUN 03– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ MARSH” by Julia K. Sutherland Seyfarth Shaw LLP, representing Marsh& McLennan Companies, Inc. This application was made available to the public on May 14, 2026.
For years, Corey Silverstein did what Florida homeowners are told to do. His experience highlights a growing frustration among Florida homeowners who say state-backed home-hardening programs and mitigation upgrades are not delivering the insurance savings many expected. While Florida officials tout the success of the My Safe Florida Home program,…
Democrats Jane Kim and Ben Allen, with more than three-quarters of the votes counted in the race for California insurance commissioner, jumped ahead in initial counts of the vote-by-mail ballots on Tuesday night and continued to hold a sizeable lead over opponents as results were updated after polls closed at 8 p.m.. Bernie Sanders in a statewide election for…
Democrats Jane Kim and Ben Allen are leading early in the race for California insurance commissioner, initial counts of the vote by mail ballots showed Tuesday night, shortly after polls closed at 8 p.m.. The election has become a bit of a high-profile contest, where a range of policy ideas were floated in the primary, as increasingly frequent disasters have…
How much does jewelry insurance cost in 2026? Standard jewelry insurance will cost about 1%-3% of your jewelry's appraised value per year, while some providers offer a lower range of rates costing 0.5%-1.5% of the appraised value per year. As such, if you were to calculate the cost of jewelry insurance for, say, a $10,000 engagement ring, you'd find that your rates…
Gregory W. Meeks and Andrew Garbarino introduced the bipartisan Community Flood Resilience Act to help communities better prepare for and recover from flooding by allowing certain Federal Emergency Management Agency mitigation grant funds to be used for community-based flood insurance coverage. However, NFIP coverage is limited and generally capped…
Now that we're into hurricane season, which runs from June 1 to Nov. 30, it's important to know what to do during and after the storm. As I said in a previous column, preparation is the key. Make sure you have adequate homeowners' insurance and a flood insurance policy.
State Farm is reimbursing nearly three-quarters of holders of personal auto insurance policies for 2022 model vehicles because a filing updating coverage for them included information it hadn't used before in Virginia. State Farm has about 16% of the market, insuring 8 million-plus cars and trucks in Virginia, and collects about $1.4 billion in premiums…
How much does jewelry insurance cost in 2026? Standard jewelry insurance will cost about 1%-3% of your jewelry's appraised value per year, while some providers offer a lower range of rates costing 0.5%-1.5% of the appraised value per year. As such, if you were to calculate the cost of jewelry insurance for, say, a $10,000 engagement ring, you'd find that your rates…
Forecasters are warning that Super El Niño is expected to make its debut soon and will likely continue through winter and early 2027.
The following information was released by the Environmental Defense Fund:. A new study published in Nature Water finds that wetland loss across the United States has increased residential flood insurance claim payments by more than $10 billion since 1985, underscoring the critical role wetlands play in reducing riverine flood damage.
ALBANY— The state budget is finished and signed into law, and among the hundreds of pages of legislative language and billions of dollars in taxation and spending is a significant amount of non-budget related policy changes to things like environmental goals, construction reviews and auto insurance. The final plan spends $268.5 billion, the largest in state…
