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44+ min ago  (537+ words) SB 877 would force insurers to show wildfire survivors the original loss estimates on their claims " and the revisions made before the check arrives. It exists because survivors next door refused to stay quiet. A bill that began with neighbors comparing…...

52+ min ago  (704+ words) Pritzker says he'll sign legislation to regulate auto, homeowners insurance rates SPRINGFIELD " Gov. JB Pritzker says he looks forward to signing a pair of bills that cleared the Illinois House on Wednesday giving the state Insurance Department authority to regulate…...

54+ min ago  (530+ words) Legal reforms, improved building resilience, and disciplined underwriting have combined to restore confidence in the Florida re/insurance market " leading to increased capacity as well as improved terms and pricing during the June reinsurance renewals, according to Guy Carpenter. Since…...

1+ hour, 30+ min ago  (698+ words) by Peter Hancock, Capitol News Illinois May 28, 2026 SPRINGFIELD " Gov. JB Pritzker says he looks forward to signing a pair of bills that cleared the Illinois House on Wednesday giving the state Insurance Department authority to regulate premiums charged for automobile…...

1+ hour, 44+ min ago  (735+ words) by Peter Hancock, Capitol News Illinois May 28, 2026 SPRINGFIELD " Gov. JB Pritzker says he looks forward to signing a pair of bills that cleared the Illinois House on Wednesday giving the state Insurance Department authority to regulate premiums charged for automobile…...

3+ hour, 5+ min ago  (1583+ words) Global construction activity is expected to grow from roughly $16 trillion in 2025 to nearly $22 trillion by 2030, fueled by data center buildouts, energy transition investments and resilient infrastructure demand, the report found. That growth is reshaping insurance needs across property, professional liability,…...

3+ hour, 51+ min ago  (473+ words) Roof-related claims generated $23 billion in replacement cost value in 2025, according to new data from Verisk, falling below the four-year average of $24. 36 billion from 2021 to 2024. The decline reflects an unusually quiet hurricane season, with hurricane-related claims down roughly 87% from the prior…...

4+ hour, 53+ min ago  (208+ words) Global property/casualty premiums rose 3. 8% last year, compared with 8. 5% in 2024 and the ten-year average of 5. 6%, as pricing cycles "normalized" and claims inflation began to stabilize, according to a report released Thursday by Allianz. North America remained the industry's dominant property…...

1+ day, 21+ hour ago  (203+ words) Community Impact | News Navigating flood protection: How FEMA's draft flood maps could impact insurance requirements in the Lake Houston area Homes in the Lake Houston area'such as the Stillwater on Lake Houston neighborhood'may be at higher risk of flooding, according…...

7+ hour, 25+ min ago  (134+ words) Policy provides pre-arranged financing based on early warning data, before drought conditions severely affect farming households and rural communities. Insurance Asia News reported last week that Greensill Bank's administrators were nearing a settlement with its insurers following court-sponsored mediation in…...