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Overhaul of FAIR Plan last-resort home insurance proposed

Overhaul of FAIR Plan last-resort home insurance proposed2+ hour, 28+ 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,…...

U.S. Senator John Kennedy
kennedy.senate.gov > public > press-releases

Kennedy, Cassidy, colleagues urge FEMA to halt Risk Rating 2.0, block flood insurance premium hikes

3+ hour, 40+ 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…...

suncommunitynews.com
suncommunitynews.com > news > 123607 > gov-details-proposals-to-lower-vehicle-insurance-rates

Gov. details proposals to lower vehicle insurance rates

4+ hour, 40+ 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…...

interest.co.nz
interest.co.nz > insurance > 137054 > quashed-data-shows-people-who-auto-renew-insurance-pay-more-those-who-switch

Government launches six-month review into home insurance costs and affordability

5+ hour, 9+ min ago   (1368+ words) The Government is launching a six-month review into home insurance affordability and costs. Finance Minister Nicola Willis and Commerce and Consumer Affairs Minister Scott Simpson are directing the Council of Financial Regulators and government agencies to work with the insurance…...

Spectrum News 13
mynews13.com > fl > orlando > wildfires > 01/28/2026 > wildfire-prepared-community-property-insurance

New wildfire-prepared community peaks interest of insurance companies

6+ hour, 27+ min ago   (465+ words) SACRAMENTO, Calif. " For more than 20 years, Gina Posey has lived in the Sierra Nevada foothills of El Dorado County. But in recent years, this time of year brings stress " renewing her property insurance. "I renew in March," Posey said. "And…...

Duncan Banner
duncanbanner.com > news > oklahoma-watch-lawmakers-wonder-if-state-farm-is-writing-oklahoma-insurance-law > article_122fc670-fedb-41d6-976f-a5029779a9a5.html

Oklahoma Watch: Lawmakers wonder if State Farm is writing Oklahoma insurance law

Oklahoma Watch: Lawmakers wonder if State Farm is writing Oklahoma insurance law7+ hour, 40+ min ago   (220+ words) Oklahoma Watch: Lawmakers wonder if State Farm is writing Oklahoma insurance law'Duncan Banner Rep. Mark Tedford, R-Tulsa, pictured in May, immediately following his announcement that SB 726 was a State Farm request bill. A curious bill from Oklahoma's last legislative session…...

Farmers Guardian
farmersguardian.com > news > 4525118 > farm-property-claims-underinsured-reveals

One in 10 farm property claims underinsured, data reveals

One in 10 farm property claims underinsured, data reveals8+ hour, 39+ min ago   (111+ words) One in 10 farm property claims underinsured, data reveals'Farmers Guardian One in 10 farm property claims underinsured, data reveals New iFarm data shows widespread underinsurance across UK farms exposing farmers to major financial losses Already a member? Login for full access. Stirling…...

Los Angeles Times
latimes.com > business > story > 2026-02-03 > insurers-forced-to-defend-claims-policies-for-fire-victim-payouts

Lawmakers demand insurers explain tough requirements for payouts to wildfire victims

Lawmakers demand insurers explain tough requirements for payouts to wildfire victims9+ hour, 40+ min ago   (1044+ words) One of the biggest complaints from victims of the January 2025 wildfires has been demands by insurers that they provide itemized receipts for personal property losses, even if their records were destroyed in their burned homes. Now, California Sen. Adam Schiff…...

ProgramBusiness
programbusiness.com > news > florida-approves-more-auto-insurance-rate-cuts-for-2026

Florida Approves More Auto Insurance Rate Cuts for 2026 - ProgramBusiness | Where insurance industry clicks

Florida Approves More Auto Insurance Rate Cuts for 2026 - ProgramBusiness | Where insurance industry clicks11+ hour, 39+ min ago   (453+ words) Florida Insurance Commissioner Mike Yaworsky has approved additional auto insurance rate cuts heading into 2026. USAA filed an average 7% decrease in auto insurance rates, which will take effect by May 2026. The reduction is expected to generate more than $125 million in estimated…...

Risk & Insurance
riskandinsurance.com > homeowners-underestimate-flood-risk-despite-growing-awareness-survey-finds

Homeowners Underestimate Flood Risk Despite Growing Awareness, Survey Finds

Homeowners Underestimate Flood Risk Despite Growing Awareness, Survey Finds12+ hour, 21+ min ago   (670+ words) Most homeowners and business owners acknowledge that flooding has intensified in recent years, yet this recognition has not translated into meaningful protective steps, including purchasing flood insurance, according to Chubb's 2026 Flood Risk and Resilience Survey. The survey of more than…...