News
State Farm Under Fire: Oklahoma AG Says More to Come » Live Insurance News
1+ day, 11+ hour ago (858+ words) Here's what you need to know about the case, what it means for Oklahoma homeowners, and what Drummond plans to do next. State Farm controls roughly 30% of Oklahoma's homeowners insurance market. Between 2019 and 2024, the company received 120,755 wind and hail claims…...
What Local State Insurance News Reveal About the Industry's Power Shift » Live Insurance News
2+ day, 10+ hour ago (1346+ words) I stopped reading national insurance headlines about three years ago. Not because they're wrong. They're just incomplete. The real story of what's happening in insurance plays out in local news'the kind of coverage most industry analysts scroll past on their…...
Florida’s Insurance Shake-Up: What the New Citizens Bills Mean for Your Home and Business » Live Insurance News
4+ day, 11+ hour ago (767+ words) Florida's property insurance market rarely sits still. Just as we hear that state-backed Citizens Property Insurance Corporation is shrinking to record lows, lawmakers are pushing through new legislation to reshape the system again. Two companion bills'CS/CS/SB 1028 and CS…...
A Tale of Two Lawsuits: How Genworth Financial Lost to Customers but Beat Its Insurers » Live Insurance News
1+ week, 8+ hour ago (561+ words) A recent decision by the Delaware Supreme Court is making waves across the insurance world'and for good reason. At the heart of the case is Genworth Financial, a long-term care insurance provider accused of raising premiums on customers without warning....
Relief on the Road: Florida Auto Insurance Rates Slated to Drop 8% in 2026 » Live Insurance News
1+ week, 1+ day ago (421+ words) Florida drivers opening their auto insurance renewals this year are finding an unusual surprise. After years of climbing premiums, the cost to insure a vehicle in the Sunshine State is finally taking a downward turn. This steady downward trend marks…...
Massive State Farm Rate Adjustment: A Big Win for California Consumers » Live Insurance News
1+ week, 2+ day ago (329+ words) The adjustments for other policyholders will take effect retroactively to June 1, 2025, with refunds to follow: For condo and rental dwelling policyholders who overpaid at the higher interim rates, the settlement requires State Farm to refund the difference plus 10% interest, dating…...
From Cranston to Narragansett: Rhode Island’s Uninsured Homes Surge That No One Saw Coming » Live Insurance News
1+ week, 3+ day ago (821+ words) Rhode Island, the smallest state in the U.S., is facing a big problem. Home insurance coverage is slipping, and the numbers are alarming. In 2024, the state saw a 19.4% increase in uninsured homes'the second-highest jump in the nation. That's nearly 35,000 homes without…...
Anthem’s New California Policy: Legal Storm Brewing? » Live Insurance News
1+ week, 4+ day ago (760+ words) Anthem Blue Cross is shaking things up in California. Starting June 1, 2026, the insurer will penalize hospitals for using out-of-network physicians. But here's the twist: this approach is largely uncharted territory in the state. While other insurers stick to federal and…...
The Midwest Myth: Are "Safe" States Skipping Insurance? » Live Insurance News
1+ week, 4+ day ago (717+ words) The Midwest. Known for its rolling plains, friendly neighbors, and'let's face it'relatively calm weather. No hurricanes. No wildfires. Just the occasional tornado or flood. Sounds safe, right? That sense of security might be costing homeowners big time. States like South…...
Can Louisiana's Focused Reforms Deliver Florida Sized Results? » Live Insurance News
1+ week, 5+ day ago (640+ words) Louisiana is making a big move. A bold one. The state's Department of Insurance just announced a new team-up. They're partnering with the National Insurance Crime Bureau (NICB). Their target? Third-party litigation funding. It's a practice that's been flying under…...