Property and Casualty News

One day after the state Supreme Court said he couldn't piggyback on someone else's lawsuit against an insurance company, Oklahoma Attorney General Gentner Drummond filed his own lawsuit Wednesday against State Farm Fire and Casualty Co. to enforce state racketeering law. Filed in Cleveland County District Court, the 21- page petition alleges State Farm…

OKLAHOMA CITY– Oklahoma Attorney General Gentner Drummond on Wednesday filed a new lawsuit against State Farm Fire and Casualty Company, alleging the insurer is engaging in a scheme to deny and underpay hail and wind damage claims by Oklahoma homeowners. According to Drummond's office, State Farm is alleged to have engaged in a pattern of deceptive and…

First American Financial Corporation, a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today published a new white paper examining the essential role title insurance plays in protecting the integrity of the U.S. property rights system and maintaining the…

South Carolina is a beautiful state to live in, but it’ s also one of the most expensive states for home insurance in the U.S., and a recent report warns that it’ ll get even costlier in the coming years due to increasing climate risk. Coalition for an Insurable Future, an advocacy group, and Mandala Partners, a public policy consulting firm, worked together to create a…

The following information was released by the Texas Department of Insurance:. The Texas Department of Insurance has created resources to give Texans access to data the agency collects about home insurance claims and premiums and home and auto rate filings. The Texas homeowners losses by county page shows the loss types and dollar amounts that companies paid…

W. R. Berkley Corporation will release its second quarter 2026 earnings after the market closes on Monday, July 20, 2026. Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance…

The following information was released by the Michigan State Government:. Summer travel season has arrived, and the Michigan Department of Insurance and Financial Services is providing insurance tips to help Michiganders prepare as they hit the road or travel abroad throughout the warm-weather season. "Summertime is great for getting out on the road and…

MetLife Pet Insurance is introducing a new Memorial Tree Program to help honor that bond, alongside grief counseling services that support pet parents through end-of-life decisions and the months that follow. MetLife Pet Insurance research underscores the depth of that bond: 95% of Americans consider their pet to be family, and 50% say they have grieved a pet’…

And the city’ s annual insurance premiums have nearly quadrupled over that time, from $9.8 million to $35.4 million. Premiums would have risen even higher if city officials hadn’ t agreed to twice increase the city’ s deductible, from $3 million to $5 million in 2022 and then up to $7.5 million last year. Whatever the cause, the sharp rise in costs for payouts and…

Three quarters of Midwestern homeowners are concerned about rising home insurance premiums and 86% of homeowners surveyed in a poll released Thursday by Climate Power and the Insurance Fairness Project say elected officials should do more to reduce the cost. The poll surveyed Iowa, Nebraska and Kansas homeowners and found they largely supported policy…

A preliminary agreement signed Wednesday by President Donald Trump and President Masoud Pezeshkian of Iran began a 60- day period of negotiations between the countries. Critically, Iran promised to reopen the Strait of Hormuz, and the U.S. military said Thursday that it had lifted a blockade it had imposed on Iranian ships since April. But on Friday, the next…

Three quarters of Midwestern homeowners are concerned about rising home insurance premiums and 86% of homeowners surveyed in a poll released Thursday by Climate Power and the Insurance Fairness Project say elected officials should do more to reduce the cost. The poll surveyed Iowa, Nebraska and Kansas homeowners and found they largely supported policy…

AP-President Donald Trump this week credited his tough immigration policies for a drop in car insurance premiums, falsely blaming illegal immigration during his predecessor's time in the White House for a prior increase. In a Monday post on Truth Social, Trump shared a graphic showing the year-over-year change in premiums from 2021 to 2026.

DUBLIN- A former Bay Area bishop has been released from jail after securing release through a bail bonds company, while he faces charges of molesting four boys at least 18 times. Michael Delar Morris, 76, was charged with 18 felonies for alleged child molestation dating back decades. The charging records accuse Morris of molesting four boys, but police say five…

Timothy Dean Martindale pleaded no contest Feb. 9 to a Class C misdemeanor assault charge in connection with a Dec. 22 visit in his office at 7104 New Sanger Ave., according to court officials and an incident report filed by Waco Police. Martindale, 68, reached a plea agreement with Assistant City Attorney Joshua Stephens requiring him to complete a 90- day…

Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce the acquisition of Webtec Insurance Services, Inc., a specialized insurance agency primarily focused on auto and homeowners insurance. Founded over 40 years ago, Webtec Insurance Services built a strong reputation…