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News

Insurance Business
insurancebusinessmag.com > us > news > catastrophe > fair-plan-rate-hike-adds-to-california-homeowners-insurance-strain-586659.aspx

FAIR Plan rate hike adds to California homeowners insurance strain

3+ week, 5+ day ago   (401+ words) The California FAIR Plan's 29.1% rate increase takes effect October 15, per the California Department...The plan initially sought 35.8%....FAIR Plan enrollment grew 43% between September 2024 and December 2025, according to FAIR Plan data....Total FAIR Plan exposure reached $750 billion by March, a 242% increase…...

Insurance Business
insurancebusinessmag.com > nz > news > catastrophe > cultural-loss-now-has-a-methodology--insurance-doesnt-have-a-response-589016.aspx

Cultural loss now has a methodology. Insurance doesn’t have a response

5+ day, 20+ hour ago   (676+ words) Rangitāne general manager Corey Hebberd put the issue plainly: “Collectively, we’re good at modelling financial...

Insurance Business
insurancebusinessmag.com > us > news > breaking-news > insurance-moves-builders-insurance-pharmacists-mutual-keystone-and-others-588438.aspx

Insurance moves: Builders Insurance, Pharmacists Mutual, Keystone and others

1+ week, 4+ day ago   (807+ words) named Sharon Duez Shaw (pictured, center) vice president and head of claims, joining as part of a planned...

Insurance Business
insurancebusinessmag.com > us > news > breaking-news > insurance-moves-builders-insurance-pharmacists-mutual-keystone-patriot-ms-transverse-more-588438.aspx

Insurance moves: Builders Insurance, Pharmacists Mutual, Keystone, Patriot, MS Transverse, more

1+ week, 4+ day ago   (807+ words) named Sharon Duez Shaw (pictured, center) vice president and head of claims, joining as part of a planned...

Google News
insurancebusinessmag.com > uk > news > property-insurance > home-insurance-remains-an-afterthought-for-many-brokers-588880.aspx

Home insurance remains an afterthought for many brokers

1+ week, 3+ hour ago   (655+ words) General insurance is still being treated as an afterthought rather than a core part of financial advice...

Insurance Business
insurancebusinessmag.com > uk > news > catastrophe > insurance-questions-remain-as-new-forest-wildfire-contained-after-two-weeks-587088.aspx

Insurance questions remain as New Forest wildfire contained after two weeks

3+ week, 8+ hour ago   (567+ words) Unlike wildfires that destroy homes and businesses directly, the New Forest fire's main financial impact...

Insurance Business
insurancebusinessmag.com > us > news > breaking-news > insurance-moves-corgi-panamerican-third-wave-relm-axa-xl-burns-and-wilcox-mj-more-589265.aspx

Insurance moves: Corgi, Pan-American, Third Wave, Relm, AXA XL, Burns & Wilcox, MJ, More

4+ day, 11+ hour ago   (958+ words) Corgi has named Erin Gambrel (pictured, center) vice president of financial services, tasked with driving...

Insurance Business
insurancebusinessmag.com > us > news > breaking-news > california-passes-three-bills-tightening-claims-and-nonrenewal-rules-for-insurers-588437.aspx

California passes three bills tightening claims and nonrenewal rules for insurers

1+ week, 4+ day ago   (443+ words) The California Department of Insurance approved a 29.1% average rate increase for FAIR Plan policyholders...protections would help working families manage their risk of loss while relieving pressure on the FAIR Plan's...

Insurance Business
insurancebusinessmag.com > us > news > catastrophe > wildfire-brokerage-rockrose-risk-raises-12-5-million-to-become-the-underwriter-the-roofer-and-the-586820.aspx

Wildfire brokerage RockRose Risk raises $12.5 million to become the underwriter, the roofer and the

3+ week, 4+ day ago   (388+ words) "Wildfires don't obey the rules of financial modeling or zip codes alone," Engler said in the funding...

Insurance Business
insurancebusinessmag.com > us > news > catastrophe > wildfire-brokerage-rockrose-risk-raises-12-5-million-to-become-the-underwriter-roofer-and-more-586820.aspx

Wildfire brokerage RockRose Risk raises $12.5 million to become the underwriter, roofer and more

3+ week, 4+ day ago   (388+ words) "Wildfires don't obey the rules of financial modeling or zip codes alone," Engler said in the funding...

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