10+ hour, 11+ min ago  (397+ words) This article is part of a multi-part series introducing candidates who are running for the position of insurance commissioner in California. Eight candidates responded to three questions posed by Journalist Don Jergler. Democrat Steve Bradford, an education organization board member,…...

11+ hour, 36+ min ago  (508+ words) This article is part of a multi-part series introducing candidates who are running for the position of insurance commissioner in California. Eight candidates responded to three questions posed by Journalist Don Jergler. Eduardo "Lalo" Vargas, running on as a Peace…...

10+ hour, 16+ min ago  (248+ words) Many property insurers have overlooked a key market of stable and profitable customers: aging renters, according to Trans Union's latest Insurance Personal Lines Trends and Perspectives Report. Renters policies generally yield lower premiums, averaging $171 annually, which can lead insurers to…...

3+ day, 3+ hour ago  (238+ words) Strengthening its commitment to the Golden State, Farmers said that the rating plan, effective Sept. 15, 2026, will include a significantly enhanced home/auto bundling discount'rising to 22% from 15% previously'as well as unspecified savings for homeowners who implement various residential wildfire mitigation measures....

1+ mon, 1+ day ago  (740+ words) Worried about wildfires sending claims soaring this year, Canada's property and casualty insurers are pushing owners to flood- and fire-proof homes and urging the government to take climate issues more seriously despite economic turmoil. Insurers Intact Financial, TD Insurance, Wawanesa,…...

1+ mon, 3+ week ago  (366+ words) State Farm will be moving 13, 000 of its 62, 000 employees who now work in its Corporate Headquarters and the Illinois Operations Center in Bloomington, Ill. to another location" Corporate South"by the end of 2027. "We simply have too much office space in Bloomington…...

2+ mon, 5+ day ago  (882+ words) The long back-and-forth struggle between State Farm General Insurance Company, the California Department of Insurance and Consumer Watchdog is winding down with the parties agreeing that an emergency 17% homeowners insurance rate hike will stand. Both CDI and Consumer Watchdog, which…...

3+ mon, 3+ day ago  (137+ words) Carrier Management Reinsurance Program Could Wipe Out Need for Calif. FAIR Plan: Legal Exec Merritt Farren, a former high-ranking legal executive at Disneyand Amazon, has launched a bid to become California's next insurance commissioner. His platform focuses on stabilizing the…...

3+ mon, 1+ week ago  (368+ words) For years, the commercial insurance industry has operated under a compromise. We accepted that the more "precise" an underwriting decision needed to be, the longer it would take to make. High-fidelity risk assessment required manual intervention'underwriters scouring satellite imagery, cross-referencing…...

3+ mon, 2+ week ago  (565+ words) A new survey found three overarching themes that affect the purchase of flood insurance centered on awareness, action and coverage misconceptions, according to Chubb's Flood Risk and Resilience report. The survey of more than 1, 500 high-net-worth homeowners, commercial businesses, agents and…...