FEMA has launched a new online tool allowing residents to obtain quotes and purchase flood insurance directly through the National Flood Insurance Program. "I've seen firsthand how floodwaters devastate American communities," FEMA Administrator Cameron Hamilton said. FEMA said the NFIP provides about $10.3 billion in coverage to roughly 41,000…
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In fact, federal regulations and the Florida Building Code bar single family homeowners in flood zones from installing permanent flood barriers on their properties at all. In Florida, where homeowners are increasingly finding floodwaters at their door, the market for these kinds of products— both off the shelf at a home improvement store and custom-built— has…
CHESTNUT HILL, MA/ ACCESS Newswire/ October 20, 2026/ As thousands of Americans begin filing insurance claims following the 2026 wildfire season, the most destructive in at least a decade, Fire Help Center is warning homeowners about a little-known financial trap that affects the majority of policyholders: chronic underinsurance. According to the Insurance…
New York State Police and the state Department of Financial Services uncovered more than a dozen cases of alleged staged car crashes and fraudulent insurance claims spanning New York City and Suffolk, Onondaga, Monroe and Erie counties, with seven of the arrests occurring in the Bronx. "We're cracking down on fraudsters and making it clear that New York will not…
ATLANTA, G.A.— FEMA has launched a new digital self-service tool that's making it easier for North Carolinians to financially prepare for floods. "I've seen firsthand how floodwaters devastate American communities," said FEMA Administrator Cameron Hamilton. Floods are the most common and expensive natural disaster in the United States.
Nearly half of policyholders would take a 60- second AI claim payout over waiting on a person, but 61% want a human to review every denial, according to a new survey of 1,001 Americans with recent property or auto claim experience released today by Liberate, a provider of insurance-native AI agents for property and casualty insurers. Policyholders drew a clear…
Governor Kathy Hochul today announced that a joint investigative partnership by members of the New York State Police and the New York State Department of Financial Services resulted in the arrests of 16 individuals as part of ongoing and joint auto insurance fraud investigations. The joint investigation uncovered nearly $500,000 in attempted…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of European Liability Insurance for the Nuclear Industry. The outlook of these Credit Ratings is stable. The ratings reflect ELINI’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business…
Earnix, the AI company purpose-built for insurance, today announced that In The Car, a provider of digitally integrated insurance programs for automotive OEMs and dealerships, has selected Earnix’ s Price-It pricing and rating solution and Filing Accelerator to accelerate its expansion into new markets across the United States. “The opportunity is to make…
California’s insurance reforms: What they mean for agents and clients
California is pushing for greater transparency in its insurance market with a bill that gives consumers more insight into rate proceedings.
Roughly 15% of U.S. drivers— approximately one in seven— were operating vehicles without valid auto insurance as of 2025, according to a study by the Insurance Research Council. And for state regulators, the uninsured rate functions as a barometer of how accessible mandatory coverage requirements have become, AssuranceAmerica reports.
W. R. Berkley Corporation today reported its third quarter 2026 results. Return on equity of 18.4% and operating return on equity of 18.8%. Pre-tax underwriting income for the Insurance segment grew 10.6% to $237.7 million. Net investment income grew to $383.5 million driven by core portfolio increase of 12.0%. Gross and net premiums written for the Insurance…
The Word& Brown Companies have been named one of Business Insurance’ s 2026 Best Places to Work, marking the organization’ s third recognition in the last six years. The honor recognizes employers that excel in creating workplaces where employees thrive, enjoy their work, and contribute to business success. Best Places to Work in Insurance is an annual sponsored…
Shares of Employers Holdings, Inc. (NYSE: EIG) traded at a new 52-week high today and are currently trading at $51.02. So far today, approximately 8,322 shares have been exchanged, as compared to an average 30-day volume of 161.22k shares. Employers Holdings, Inc., along with its subsidiary companies, primarily operates within the commercial property and casualty […]
AM Best will host its annual market briefing on the state of the insurance industry in conjunction with the American Property Casualty Insurers Association’ s Annual Meeting, on Monday, Nov. 2, 2026, from 2-3 p.m. EST at the Boston Marriott Copley Place in Boston, MA.. Registration for AM Best’ s“ Insurance Market Briefing– APCIA,” which will be held in the Sutton Room at…
U.S. commercial auto liability insurance coverage has continued to bear the brunt of rising litigation costs that have outpaced economic inflation and fueled uncertainty in reserve estimates, part of the ongoing social inflation trend that is affecting other lines of property/casualty coverage as well, according to the new AM Best report.
JEFFERSON CITY, Mo.– October's Great ShakeOut drill offers a good opportunity for families to plan ahead and prepare for a major earthquake in the New Madrid Seismic Zone. The Missouri Department of Commerce and Insurance encourages Missourians to make financial preparations part of their emergency plan, including earthquake insurance.
By 6 p.m. on a recent Monday, Vikki Goodwin had sat through a five-hour Texas House insurance committee hearing, worked the phones to thank campaign donors for their latest checks, sat for an interview with a cannabis podcast where she bashed Lt. Such is half a day in the life of Texas' Democratic nominee for lieutenant governor, who is taking on one of the state's top…
However, the club's insurer, American Fire and Casualty Company, capped the payout for the carts at $110,000. American Fire and Casualty Company, which is headquartered in Boston, sent a letter to the Longview Country Club on Dec. 12, 2025, notifying them that the carts fall under a different part of their insurance called the "Commercial inland marine scheduled…
Your credit score is an important metric that lenders and credit cards use to determine if you qualify for financing. While that score isn't important to your car insurance company, they likely use the same underlying credit data to calculate another number that can significantly impact what you pay for coverage: your credit-based insurance score.
