The average 2024/ 2025 vehicle costs $2,823 per year to insure, according to Insurify data. That's about $700 above the national average cost for all vehicles. The most inexpensive model to insure in Florida is the Jeep Compass, while in Maine it's the Chevrolet Equinox.The best car insurance rate can vary depending on regional and individual factors that…
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Redwood Falls City Council met Tuesday, Dec. 2 and approved the issuance of the following licenses contingent on receiving the updated 2026 certificates of liability insurance as needed:. Fernelius Enterprises, LLC dba Redwood Falls Golf Club, Inc.. Duffy's South Inc. dba Duffy's Riverside Saloon.
“At The Hartford, we help customers stay ahead of risk, and if they do have a claim, we pride ourselves in helping them recover quickly through excellent service,” said The Hartford’ s Head of Small Business Chris Jones.“ Our investments in digital, data analytics and AI have enabled us to create industry-leading tools that help small businesses take steps to…
Opportunities exist in serving middle-market businesses
Property/casualty insurers and their agents have a sizable opportunity to serve middle-market businesses, a Conning report said.
State Farm, the most public-facing of around 200 individual State Farm cases brought by an Oklahoma City law firm. That firm, Whitten Burrage, has waged a years-long campaign against State Farm over an alleged scheme to cheat policyholders on claims of roof damage resulting from wind and hail. It is now calling for the release of critical documents the firm said…
Alexander County, North Carolina is issuing a Request for Proposals for insurance brokers/agents regarding the county's property and liability insurance and workers' compensation insurance. Submit proposals to Justin Mundy, county manager, at the Alexander County Administration Office, 621 Liledoun Road, Taylorsville, NC 28681 no later than 12 p.m. on…
Even as devastating wildfires drive up home insurance costs across California, premiums overall remain relatively low compared to many other states, a new UC Berkeley report finds. The states with the most expensive insurance are prone to hurricanes or tornadoes, including Florida, Louisiana, Oklahoma, Colorado, and Texas. The report found that in California,…
Using AI to predict and prevent weather catastrophe home insurance claims. Cheap Insurance explains how AI is transforming the data to defense strategy for insurers, offering unprecedented granularity and speed in anticipating weather catastrophes, leading to faster claims, reduced losses, and ultimately, greater resilience for communities.
2025 DEC 05– By a News Reporter-Staff News Editor at Ecology Daily News– A new study on environment is now available. According to news originating from Pennsylvania State University by NewsRx editors, the research stated,“ Flood insurance policies have historically been shaped by federal guidelines; however, increasing flood risk has impacted regional flood…
WASHINGTON U.S. Senator Eric Schmitt led a letter to Federal Housing Finance Agency Director William "Bill" Pulte calling for the repeal of a Biden-Era guidance that would prohibit actual cash value homeowners' insurance policies for federally-backed mortgages. In 2024, at the direction of Biden's FHFA, new policy from Freddie Mac and Fannie Mae required…
Dec. 3— CLOQUET— On Tuesday, the Cloquet City Council passed a $28.2 million budget and a 3% levy increase for 2026.. city staff were able to reduce the increase to 3%, now totaling $4.06 million. The reduction is largely due to the savings in reduced workers' compensation and property and liability insurance rates, according to City Administrator Tim Peterson.
Proposed Flood Hazard Determinations for the City of Corunna and Charter Township of Caledonia, Shiawassee County, Michigan, Case No. 24-05-2647 P. The Department of Homeland Security's Federal Emergency Management Agency solicits technical information or comments on proposed flood hazard determinations for the Flood Insurance Rate Map, and where…
W. R. Berkley Corporation today announced that the Company has been informed by representatives of Mitsui Sumitomo Insurance Co., Ltd., a leading Japanese property and casualty insurance carrier, that MSI has acquired beneficial ownership of at least 12.5% of the Company’ s outstanding common stock pursuant to MSI’ s previously announced agreements with a…
AmTrust Financial Services, Inc., a global specialty property casualty insurer, and Blackstone Credit& Insurance, today announced the closing of a strategic transaction under which AmTrust and funds managed by BXCI have partnered to spin-off certain of AmTrust’ s Managing General Agencies and fee-based businesses in the U.S., United Kingdom, and Continental…
HSG Family of Companies hires former broker to lead sales and marketing efforts in Missouri, Kansas, and Illinois.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the pooled members of Selective Insurance Group. Additionally, AM Best has affirmed the Long-Term ICR of“ a-” and the Long-Term Issue Credit Ratings of the ultimate parent, Selective Insurance Group, Inc.. In addition, AM Best has assigned a Long-Term IR of“ a-” to…
A Navy admiral told lawmakers Thursday that there was no“ kill them all” order from Defense Secretary Pete Hegseth, but grave questions and concerns remain as Congress scrutinizes an attack that killed two survivors of an initial strike on an alleged drug boat in international waters near Venezuela. While Cotton, R- Ark., defended the attack, Democrats who were…
Information Services Group, a global AI-centered technology research and advisory firm, has launched a research study examining service providers that help insurers implement and enhance the Duck Creek property and casualty insurance platform. The report will cover companies offering Duck Creek ecosystem services. Duck Creek provides a cloud-based…
The following information was released by the National Association of Insurance Commissioners:. The National Association of Insurance Commissioners and theNational Insurance Crime Bureau share how you can keep your identity safe and the role insurance plays in your protection and recovery. In 2024, the Federal Trade Commission received nearly 10% more…
ALLIANCE, Neb.– The Federal Emergency Management Agency is currently undergoing a mapping project in Box Butte County, Nebraska to provide up-to-date flood risk information for the county. The open house is scheduled for Thursday, Dec. 18, from 4 p.m.– 6 p.m. The open house will be held at the Knight Museum and Sandhills Center, located at 908 Yellowstone Ave, Alliance,…
