News
California Workers' Comp Costs Per Claim Rose 6% in 2025, Driven by Growth Across All Key Components
15+ min ago (1582+ words) Total costs per claim for lost-time injuries in California grew at a sustained pace from 2022 to 2025, with indemnity benefits, medical payments and benefit delivery expenses all contributing to the increase, according to the Workers Compensation Research Institute. All three key…...
CDI Enforcement Bill Advances On Promised Amendments |
1+ hour, 55+ min ago (25+ words) How would a proposed bill expand the powers of California's elected Insurance Commissioner? What are the provisions that are being amended to remove industry opposition?...
Would Illinois's New Insurance Law Help or Hurt Your Wallet?
3+ hour, 10+ min ago (713+ words) Illinois is on the verge of passing new consumer protection laws, but the insurance industry says it's bad news. Senate Bill 1486 is currently awaiting a vote in the Illinois Senate, and it's already being met with a mix of enthusiasm…...
Westland targets SME resilience with new wildfire business guide
4+ hour, 15+ min ago (279+ words) Westland Insurance has released a wildfire preparedness and recovery guide aimed at helping businesses manage operational and insurance risks before, during and after fire season. Titled "Before, during and after a wildfire: A business action guide," the publication targets small…...
Home insurers pay out "846 million to support households | ABI
4+ hour, 20+ min ago (135+ words) You do not have Java Script enabled. Please register here'to download industry data and book tickets to our events. If you work for an ABI member'you will automatically be given access to the Members Area as well as free access…...
Wildfire Prevention Co. Announces Initiative to Expand Wildfire Risk Mitigation Across Texas
14+ hour, 16+ min ago (460+ words) Wildfire Prevention Co. will now serve as a preferred service provider for the Insurance Institute for Business & Home Safety's Wildfire Prepared Home designation programme, which has expanded to Texas. This collaboration aims to help homeowners in high-risk areas better protect…...
New Zealand faces 'pockets of vulnerability' from rising home insurance costs: RBNZ
6+ hour, 13+ min ago (168+ words) Underwriting profits in Hong Kong's onshore property damage business fell last year by 97. 2% due to reserving and losses arising from the Wang Fuk Court tragedy in November. From the UK to Asia Pacific, London's insurance market steps up its fight…...
U. S. Expresses Interest In California Homeowners" Antitrust Suit Against Insurers
18+ hour, 19+ min ago (96+ words) LOS ANGELES " The United States of America filed a statement of interest in a lawsuit filed by California homeowners affected by the Los Angeles wildfires against their insurers for violations of the state's Cartwright Act and unfair competition law (UCL),…...
California's best home warranties for 2026, ranked and reviewed
13+ hour, 58+ min ago (1006+ words) California is one of the most expensive states to own a home in, and that includes the cost of maintaining it. Salty air wears down coastal systems faster than expected, while inland homeowners run their air conditioners for months straight…...
East Texans react as rates slowly decrease after years of steeply rising homeowners" insurance premiums
7+ hour, 25+ min ago (476+ words) TYLER, Texas (KLTV) - After years of homeowners insurance premiums going up sharply, relief to your bank account may finally be here. For East Texan, Max Stewart, he's seen firsthand home insurance premiums going up. "I noticed a pretty hefty price…...