9+ hour, 1+ min ago   (303+ words) Following severe winter storms that swept across the South early this week, Commissioner Carter Lawrence and Tennessee Attorney General Jonathan Skrmetti urged carriers to "fulfill their contractual and legal obligations." "If any company should fail to do right by its…...

2+ day, 17+ hour ago   (231+ words) Primary insurers in Florida aren't the only ones reporting rate reductions for segments of the populace. Surplus lines also have seen premium decreases as well as significant policy count growth'at least for some slices of the market. The Florida Surplus…...

1+ week, 7+ hour ago   (1051+ words) The clock is ticking on the National Flood Insurance Program'again. The NFIP is part of the federal funding package, which is set to expire at the end of Jan. 30. Unless Congress compromises on several issues, namely funding for the Department…...

1+ week, 3+ day ago   (895+ words) For the last several years, complaints have piled up, contending that some Florida engineers have testified or have submitted reports in insurance claims lawsuits about major property damage that was somehow caused by relatively minor wind events. Some of the…...

1+ week, 3+ day ago   (217+ words) A California lawmaker is pushing to require insurers to notify homeowners in advance of taking or using aerial images of their property, and to stop insurers from basing decisions to cancel, non-renew, or reduce coverage based on aerial images older…...

1+ week, 3+ day ago   (357+ words) A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on the anniversary of the Los Angeles wildfires. The Disaster Recovery Reform Act,…...

1+ week, 6+ day ago   (263+ words) Hot on the heels of a significant rate cut in December, Florida's Security First Insurance has announced another average decrease for one of its homeowners products. The use-and-file decrease will average about 5.2% for the carrier's Signature+ HO3 policies, a " Hot on…...

1+ week, 6+ day ago   (170+ words) A bill to provide restitution to policyholders harmed by their insurer or agent passed the Washington Senate on Wednesday on a 29 to 20 vote. The bill, sponsored by Insurance Commissioner Patty Kuderer and sponsored by Senator Adrian Cortes (D'Battle Ground), would…...

2+ week, 2+ day ago   (276+ words) With takeouts continuing at a steady pace and more carriers working the Florida property insurance market, state regulators saw fit to more than triple the size of Citizens" Property Insurance Corp. recent rate decrease request. The Florida Office of Insurance…...

2+ week, 2+ day ago   (611+ words) A year after the Los Angeles wildfires, many survivors face the same problem: Their insurance policies aren't paying out enough to cover the cost of rebuilding. It's a tragic predicament. And it will happen again when the next disaster hits....