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Seventh Circuit Equates UL Monthly Policy Charges to Premiums to Hold Illinois Premium Notice Statute Does Not Apply
1+ hour, 56+ min ago (277+ words) In Dahleh v. Minnesota Life Ins. Co., No. 25-1315, 2026 U.S. App. LEXIS 1378 (7th Cir. Jan. 20, 2026), the Seventh Circuit affirmed the District Court's award of summary judgment to Minnesota Life on plaintiff's claim that the insurer improperly canceled a universal life insurance policy in violation…...
Florida insurance company sees opportunity in disaster-prone California
5+ hour, 28+ min ago (373+ words) Just three years after the Florida property insurance market was collapsing " and companies going insolvent " from the force of multiple hurricanes, one of the Sunshine State's largest property insurers is considering an expansion into another risky state: California. Florida Peninsula…...
Prepare For Spring And Summer Storms With Flood Insurance
7+ hour, 36+ min ago (426+ words) MARSHFIELD, WI (OnFocus) " The Wisconsin Department of Natural Resources (DNR) encourages Wisconsinites to learn about flood risks across the state and available flood insurance options during Flood Insurance Awareness Week, Feb. 1-7, 2026. Locally, Marshfield Insurance encourages residents to speak with an…...
New Zealand launches review into soaring home insurance costs
16+ hour, 12+ min ago (196+ words) To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription. Your company may already have a corporate license in place. Take a Free Trial A total of 863 general insurance claims…...
Demand for unoccupied property insurance surges as empty homes rise
16+ hour, 18+ min ago (395+ words) Demand for unoccupied property insurance has surged sharply amid rising vacancy periods across the UK property market, highlighting growing pressures facing landlords and homeowners. New data from specialist insurer Atec shows annual quotations for unoccupied property cover rose by almost…...
Winter storm damage could spike insurance rates across northeast Louisiana
18+ hour, 24+ min ago (310+ words) MONROE, La. (KNOE) - Thousands of residents across the ArkLaMiss are reviewing their homeowner's insurance policies following last week's winter ice storm, which caused widespread damage to homes. The winter storm continues to create problems for residents, with many facing potential…...
Overhaul of FAIR Plan last-resort home insurance proposed
22+ hour, 6+ min ago (296+ words) California's legislature and insurance commissioner have proposed an overhaul of the state's home insurance of last resort, the FAIR Plan. The Make It FAIR Act, AB 1680, aims to improve claims handling, coverage options and transparency for wildfire survivors. Lisa Calderon,…...
Los Angeles wildfires reveal gaps in insurance wildfire risk models
23+ hour, 15+ min ago (585+ words) The January 2025 wildfires in Los Angeles turned into an unplanned stress test for how insurers measure wildfire risk, according to analysis from Delos Insurance Solutions. Insurers have paid more than $22.4 bn on wildfire claims tied to the Los Angeles wildfires…...
Kennedy, Cassidy, colleagues urge FEMA to halt Risk Rating 2.0, block flood insurance premium hikes
23+ hour, 18+ min ago (156+ words) The lawmakers raised concerns that Risk Rating 2.0 has driven sharp premium increases among Louisianians and nationwide, forcing many homeowners to drop coverage and undermining the NFIP's long-term stability." "This loss of participation is a structural problem for the NFIP. Flood…...
Gov. details proposals to lower vehicle insurance rates
1+ day, 18+ min ago (562+ words) Gov. details proposals to lower vehicle insurance rates'Sun Community News ALBANY | Gov. Hochul is highlighting proposals to bring down costs of vehicle insurance rates and tackle fraudulent claims across New York State, including common-sense steps to battle fraud, limit damages…...