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Insurance

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Homeowners Insurance Premium Increases Threaten Customer Loyalty, Long-Term Profitability, J.D. Power Finds

Amica Ranks Highest in Homeowners and Renters Insurance Segments TROY, Mich.--(BUSINESS WIRE)-- Almost half (47%) of homeowners insurance customers in the United States have experienced a prem...
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Refunds and Rate Decreases May Be on the Way for Some Florida Drivers | Insurify

Floridians pay some of the most expensive car insurance premiums in the U.S. But Progressive auto insurance customers may soon be able to get a refund. State law requires insurers to issue refunds...
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I lowered my car insurance by $1,255 with one phone call. So, I tried it for my other bills and saved even more.

I explored Horseshoe Bend near Page, Arizona.Jill SchildhouseI lowered my auto insurance bill by $1,255 after just one call. So, I called my other providers.Not all of my bills were lowered, but I ...
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Food Liability Insurance Program (FLIP) Introduces Online Product Recall Insurance

Food and beverage entrepreneurs can now protect their businesses from the financial impact of product recalls with easy online coverage. PLEASANT GROVE, UTAH - September 15, 2025 (NEWMEDIAWIRE) -...
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AmTrust Financial Services and Blackstone Credit & Insurance Enter Into Strategic Transaction for AmTrust’s Global MGA and Fee Businesses

Strategic Transaction Unlocks Value for AmTrust and Positions Global MGA and Fee Businesses for Accelerated Growth AmTrust President Adam Karkowsky to Leave to Become Chairman and CEO of New...
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Best’s Market Segment Report: US Personal Auto Insurance Segment Sustains Underwriting Turnaround Into 2025

OLDWICK, N.J.--(BUSINESS WIRE)-- U.S. personal auto insurers saw the segment’s first-half 2025 direct loss ratio fall again from the same two previous six-month periods, indicating that the signi...
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california-counties-including-sonoma-struggling-under-skyrocketing-insurance-costs

Home and business owners aren’t the only ones struggling to manage rising insurance costs in the North Bay and across California. Counties are too, and it’s forcing tough conversations about how to...
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Coconino supervisors hear from insurance industry expert as public forums on wildfire insurance issues continue

Coconino County's efforts to address growing concerns by homeowners regarding fire insurance premiums and availability amid the region's wildfire risk continued last week as part of the Board of Su...
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Key items in search for teen’s car insurance

If you have a 16-year-old itching to get behind the wheel of the family fourdoor, you maywant to tamp the brakes until you’ve figured out the cost of auto insurance. Sure, you probably knowit coul...
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RANKING MEMBER FROST INVESTIGATES GOV. DESANTIS AND FL STATE LEGISLATURE'S FAILURE TO PROTECT FLORIDA HOMEOWNERS AND ADDRESS THE PROPERTY INSURANCE CRISIS

The following information was released by the House Committee on Oversight & Government Reform, Democrats: This week, Rep. Maxwell Alejandro Frost, Ranking Member of the Subcommittee on Eco...
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CONGRESSMAN CARTER REFORMS THE BIPARTISAN CONGRESSIONAL FLOOD RESILIENCE CAUCUS; SENDS LETTER URGING LONG-TERM REAUTHORIZATION OF THE NATIONAL FLOOD INSURANCE PROGRAM

The following information was released by the office of Louisiana Rep. Troy A. Carter, Sr.: Today, Congressman Troy A. Carter, Sr. (D-LA) announced that he will lead the Bipartisan Flood Resili...
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LEADER JONES' MOBILE HOME INSURANCE BILL CLEARS LEGISLATURE

The following information was released by California State Senate Minority Leader Brian W. Jones: Today,Senate Minority Leader Brian W. Jones (R-San Diego) announced the passage of his SB 525 to...
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Mercury Insurance Offers Advice on Installing Home EV Chargers

What You Need to Know Before Purchasing Your Own Charger LOS ANGELES, Sept. 11, 2025 /PRNewswire-PRWeb/ -- Mercury Insurance (NYSE: MCY) has seen a steady rise in the number of EV owners and t...
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Insurity Survey Reveals Half of Consumers Would Switch Insurers and Pay Higher Premiums for Better Severe Weather Coverage

Consumer confidence in current coverage remains low, with only 12% feeling fully protected against severe weather risks HARTFORD, Conn.--(BUSINESS WIRE)-- Insurity, a leading provider of clo...
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County’s insurance settles with Cal Harris; civil case to be heard at the federal level in October

Last month, the company that provides Tioga County's liability insurance settled out of court with Cal Harris, the 64-year-old former businessman who stood trial not once, but four times, charged w...
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Best’s Special Report: U.S. Property/Casualty Industry Records $11.2 Billion in Underwriting Income in First-Half 2025

OLDWICK, N.J.--(BUSINESS WIRE)-- The U.S. property/casualty (P/C) industry recorded $11.2 billion in net underwriting income in the first half of 2025, a significant improvement from the $2.9 bil...
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Auto insurance rates are stabilizing in 2025: Here's how to save

Auto insurance rates are stabilizing in 2025: Here's how to save After years of steep premium increases, 2025 is shaping up to be a turning point; rate hikes are finally slowing, and drivers are r...
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CASSIDY DELIVERS SPEECH WARNING OF CONSEQUENCES IF FLOOD INSURANCE PROGRAM LAPSES

The following information was released by Louisiana Senator Bill Cassidy: U.S. Senator Bill Cassidy, M.D. (R-LA) delivered a speech on the U.S. Senate floor urging Congress to prevent a lapse in...
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CAPPING INSURANCE RATES COULD REDUCE COVERAGE OPTIONS AND VIABLE INSURERS IN ILLINOIS: TRIPLE-I

The following information was released by the Insurance Information Institute: Calls in Illinois for legislative intervention in homeowners' insurance underwriting and price setting, though well...
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AM Best Affirms Credit Ratings of Tokio Marine & Nichido Fire Insurance Co., Ltd. and Its Subsidiaries

HONG KONG--(BUSINESS WIRE)-- AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa+” (Superior) of Tokio Marin...
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Could a Florida bar brawl case reshape insurer bad faith liability?

A Florida bar brawl that left a woman fatally shot has become a multimillion-dollar liability dispute with potential ripple effects nationwide on how carriers handle claims when catastrophic losses...
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