Greg Abbott outlined his plans to address home and car insurance costs during a Wednesday campaign stop in Houston. An outline of the plan shared by Abbott’ s campaign proposes a $400 million program in which homeowners can receive up to $10,000 for roofs that can withstand wind and hail damage. In Texas, most insurers cannot consider traffic violations when…
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Jennifer Fleener, 60, Indianapolis 57 months' imprisonment; 2 years of supervised release $1,199,149.32. Asha Mimms, 46, Indianapolis 12 months' and 1 day imprisonment; 2 years of supervised release $365,570.85. Jennifer Thompson, 45, Indianapolis 3 years' probation $604,745.12.
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” for Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company and Safety Northeast Insurance Company. Collectively, these companies are referred to as…
Berkshire Hathaway Specialty Insurance today announced two promotions within its Healthcare Professional Liability business. “Jarek and Greg are leaders who have each played an important role in the growth and success of our Healthcare business,” said Leo Carroll, Head of U.S. Healthcare, BHSI.“ Jarek brings exceptional underwriting expertise, strategic…
California law requires car insurance companies to offer a discount to eligible older drivers. Under California Insurance Code, drivers 55 and older are eligible for a car insurance discount after completing a "mature driver improvement course provided for and approved” by the California Department of Motor Vehicles. According to AARP, the course reviews…
WASHINGTON, July 15, 2026/ PRNewswire/— U.S. News& World Report, the global authority in rankings and consumer advice, today recognizes the winners of the 2026-2027 Home Insurance Awards. "When choosing the right home insurance company to trust with their largest asset, homeowners should consider not only the cost of a policy but also the reliability of that…
The following information was released by the office of the Governor of California:. Governor Newsom today took action to inform survivors of the Eaton and Palisades fires of their rights regarding funds to rebuild, and warned lenders against practices that may deny or delay homeowners' access to insurance proceeds needed for rebuilding.
After a storm tears through Houston, the damage is impossible to miss: torn shingles, water staining the ceiling, windows shattered across the floor. You do the right thing, documenting everything, mitigating further loss, and reporting the claim to your insurer. In Houston, a home insurance fight doesn't always begin with a formal denial letter showing up in the…
RockRose Risk, the insurance brokerage giving property owners discounts for wildfire mitigation, today announced the launch of its homeowners insurance product in California. The expansion, which follows the rapid growth of their commercial property product in California, Nevada, and Colorado, marks the company’s first entry into the residential market.
SWBC ®, a diversified financial services company, announced a new partnership with Covered Insurance Solutions, a leading digital insurance platform purpose-built for the mortgage industry. SWBC’s new partnership with Covered Insurance Solutions. “Mortgage servicers are facing growing challenges related to regulatory requirements, insurance…
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Hurst Home Insurance Company, Inc.. The Credit Ratings reflect HHIC’ s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and…
Louisiana’s property/casualty insurance market posted its first broad rate relief this decade in 2025, but headwinds caused by legal system abuse persist, according to a new members-only Issues Brief published today by the Insurance Information Institute. P/C premium rates fell statewide across all lines combined by an average of 0.4% last year,…
CA fire laws: How homeowners can recover and how advisors can help
When a California homeowner applies for or renews a homeowner’s policy, residential property insurers are required to provide them with a replacement cost estimate.
The following information was released by the Insurance Information Institute:. Louisiana's property/casualty insurance market posted its first broad rate relief this decade in 2025, but headwinds caused by legal system abuse persist, according to a new Issues Brief published today by the Insurance Information Institute. Triple-I's analysis of SandP…
Quazeir Davis, 17, Marcello Royal, 17, and Jayden Hawes, 18, have had their bonds deferred, and will have to wait to appear in front of a circuit court judge to have bond posted, Jeff Kidd, spokesman for the solicitor’ s office, said. Johnson posted his $250,000 bond on July 13 through bond company Bad Boyz Bail Bonds and was released from the Beaufort County Detention…
Maybe your car is still on the side of the road. Your phone is in your hand, and the first call you make is to your insurance company. Insurance companies received about 7% more total complaints in 2025 than the year before, according to data from the National Association of Insurance Commissioners.
SWBC is proud to announce that Joan Cleveland, President and CEO of SWBC Life Insurance Company and Executive Vice President of SWBC Property and Casualty Insurance Company, has been reappointed to the Texas Association of Life& Health Insurers Board of Directors. TALHI represents life and health insurers across Texas and advocates for economic,…
The U.S. property/casualty industry capitalized on improved underwriting and pricing in 2025 to generate its best performance of the past decade, according to a new AM Best report. According to the report, the U.S. personal lines segment’ s underwriting profit almost quadrupled to more than $45 billion in 2025, while the commercial lines segment’ s profit more…
Lawrence County residents are invited to learn about their flood risk and new flood maps at an open house hosted by the Federal Emergency Management Agency July 22 at Lisbon Town Hall. On April 10, FEMA released a preliminary Flood Insurance Rate Map for St. Lawrence County for the public to see and comment on. FEMA, the New York State Department of Environmental…
Quick links: 5- years of insurer losses/profits| Reader poll: Expensive insurance| Denver plans for 10,000 jobs| Cash App's $1.7 M settlement with state| Aurora job fair. Colorado has adopted new laws and programs to address rising insurance costs and the scarcity of homeowners policies in risky areas. "To address the affordability challenges that we have in the…
