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Insurance news provides updates on industry trends, regulations, and innovations. It covers topics such as new insurance products, market developments, and insights into risk management, offering valuable information for policyholders and industry professionals alike.
Home Insurance Costs Skyrocket in California, Prompting Some Residents to Opt Out
California residents have been hit with staggering increases in home insurance premiums over the past half-decade, with rates soaring nearly...
Read moreHome Insurance Rates Surge Across the U.S., Louisiana Among Top 10 Costliest States
A recent report by online lending service Lending Tree has revealed a significant surge in home insurance rates across the...
Read moreAdvocates Sound Alarm on Ongoing Care Crisis Despite Auto No-Fault Reforms in Michigan
LANSING, Mich. - Despite the enactment of no-fault auto reforms by Governor Gretchen Whitmer in 2019, advocates in Michigan assert...
Read moreRising Vehicle Insurance Costs Leave Consumers Seeking Relief
In Atlanta, motorists are feeling the pinch of soaring insurance rates, which have surged by 22 percent in the past...
Read moreCalifornia Supreme Court Upholds Ruling: COVID-19 Not Considered Direct Physical Loss or Damage for Insurance Coverage
In a ruling that reverberates across the insurance landscape, the California Supreme Court has declared that COVID-19 does not constitute...
Read moreInsurance Premiums Surge in Iowa Amidst Record Tornado Season
Sioux City, Iowa - The state of Iowa has found itself grappling with the repercussions of a particularly turbulent tornado...
Read moreFlorida’s Escalating Home Insurance Rates Prompt Concerns
TALLAHASSEE, Fla. - The relentless surge in home insurance premiums across Florida persists, casting a shadow over residents as they...
Read moreWarning Issued Against Rising “Ad Spoofing” Insurance Scams
The Association of British Insurers (ABI) has issued a stark warning to drivers, cautioning them against a perilous insurance trap...
Read moreStudy Reveals Optimal Timeframe for Car Insurance Renewal, Potentially Saving Drivers Up to 45%
In the midst of the ongoing Cost of Living crisis, a recent analysis from Quotezone.co.uk has uncovered a crucial window...
Read moreState Employee Health Insurance Fund Holds Off Cash Shortfall, but Future Premium Hikes Loom
Delaware's Group Health Insurance Plan (GHIP) has managed to stave off its anticipated cash deficit for now, with projections suggesting...
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OPTIS: Insurance M&A Falls 10%
As of the end of September 2024, the total number of insurance agency mergers and acquisitions (M&A) has decreased by...
Marsh: US Rates Up 3%
In the third quarter of 2023, commercial insurance rates in the U.S. experienced an overall increase of 3%, with casualty...
Progressive Ends Fire Insurance
Progressive Insurance has announced that it will discontinue offering dwelling fire insurance, commonly known as "landlord insurance," for non-primary residences...
Zurich Insurance Sets New Goals
Zurich Insurance Group AG has announced ambitious new targets for profitability and growth over the next three years, driven by...
4th Circuit: No Crypto Coverage
A recent ruling by the Fourth Circuit Court of Appeals has clarified that homeowners insurance policies do not cover the...
Safeco Buys Main Street
Liberty Mutual’s Safeco Insurance has announced a significant agreement to acquire the personal lines business of Main Street America, marking...
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