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@IB_Asia
insurancebusinessmag.com > asia > news > breaking-news > what-hong-kongs-new-budget-means-for-insurers-566592.aspx

What Hong Kong’s new budget means for insurers

3+ hour ago  (801+ words) What Hong Kong's new budget means for insurers'Insurance Business What Hong Kong's new budget means for insurers Focus on capital rules, investments, pensions, and talent Hong Kong's Insurance Authority (IA) has said the Hong Kong SAR Government's 2026-27 Budget is relevant…...

@InsuranceBizUK
insurancebusinessmag.com > uk > news > claims > fake-water-insurance-calls-expose-home-cover-confusion-566546.aspx

Fake ‘water insurance’ calls expose home cover confusion

12+ hour, 52+ min ago  (411+ words) Concerns that home insurance remains poorly understood by customers are creating space for fraudsters, according to Willis Towers Watson (WTW), after scammers targeted Jersey residents with fake "water insurance" renewal calls. Jersey Water warned customers that fraudsters had been contacting…...

@InsuranceBizAU
insurancebusinessmag.com > au > news > property > australian-home-insurance-premiums-climb-51-in-five-years-566224.aspx

Australian home insurance premiums climb 51% in five years

2+ day, 14+ hour ago  (770+ words) Australian home insurance premiums climb 51% in five years'Insurance Business Australian home insurance premiums climb 51% in five years Premium levels mirror catastrophe exposure, rebuilding costs, and claim patterns Home insurance premiums have increased by 51% across Australia over the past five years,…...

@InsuranceBizUS
insurancebusinessmag.com > us > news > regulatory > florida-oir-orders-company-with-2-2-million-warranty-premium-to-end-unlicensed-business-565713.aspx

Florida OIR orders company with $2.2 million warranty premium to end unlicensed business

1+ week, 10+ hour ago  (331+ words) Florida OIR orders company with $2.2 million warranty premium to end unlicensed business'Insurance Business Florida OIR orders company with $2.2 million warranty premium to end unlicensed business American Dreams Auto Protect had nearly 900 in-force contracts and more than $2.2 million in unearned written…...

@InsuranceBizUS
insurancebusinessmag.com > us > news > risk-compliance-legal > california-moves-to-set-first-smoke-damage-standards-for-wildfire-claims-565420.aspx

California moves to set first smoke damage standards for wildfire claims

1+ week, 2+ day ago  (474+ words) California lawmakers are weighing legislation that would set the country's first formal standards for handling smoke damage to homes, a move that could reshape wildfire-related claims and remediation practices for property insurers in the state. According to a report from…...

@InsuranceBizUS
insurancebusinessmag.com > us > news > claims > iowa-court-upholds-insurers-twoyear-deadline-rejects-independent-agent-policy-request-565297.aspx

Iowa court upholds insurer's two-year deadline, rejects independent agent policy request

1+ week, 5+ day ago  (191+ words) An Iowa appeals court has backed an insurer on strict contractual suit deadlines, ruling that policy requests to independent agents don't bind the insurance carrier. A recent Iowa appellate ruling offers a reminder to insurance professionals about the importance of…...

@InsuranceBizUS
insurancebusinessmag.com > us > news > property > porch-sheds-underwriting-risk-keeps-revenue-as-reciprocal-model-takes-hold-565314.aspx

Porch sheds underwriting risk, keeps revenue as reciprocal model takes hold

1+ week, 5+ day ago  (531+ words) Porch Group posted a 27% gross loss ratio for 2025 in its homeowners' insurance reciprocal exchange, sharply outperforming an industry that averaged 65% in 2024 and deteriorated to nearly 79% in the first half of 2025 amid severe storms and California wildfires. The Seattle-based company reported…...

@InsuranceBizUS
insurancebusinessmag.com > us > news > regulatory > oklahoma-adopts-2025-valuation-manual-for-life-and-health-insurers-565291.aspx

Oklahoma adopts 2025 Valuation Manual for life and health insurers

1+ week, 5+ day ago  (294+ words) Oklahoma adopts 2025 Valuation Manual for life and health insurers'Insurance Business Oklahoma adopts 2025 Valuation Manual for life and health insurers The notice is directed to all life and accident and health insurers and follows earlier guidance from the NAIC In a…...

@InsuranceBizUS
insurancebusinessmag.com > us > news > breaking-news > ms-amlin-erases-wildfire-hit-in-record-time-as-combined-ratio-outpaces-lloyds-565282.aspx

MS Amlin erases wildfire hit in record time as combined ratio outpaces Lloyd’s

1+ week, 5+ day ago  (454+ words) MS Amlin reported an insurance service profit of "183 million (around $249 million)for the nine months ended September 2025, rebounding strongly from California wildfire losses that added 10 percentage points to its first-half combined ratio The Lloyd's syndicate's combined ratio improved to 86.1% for…...

@InsuranceBizCA
insurancebusinessmag.com > ca > news > environmental > liberty-mutual-canada-becomes-first-insurer-to-join-climate-smart-buildings-alliance-565125.aspx

Liberty Mutual Canada becomes first insurer to join Climate Smart Buildings Alliance

1+ week, 6+ day ago  (457+ words) Liberty Mutual Canada has become the first insurer to join the Climate Smart Buildings Alliance (CSBA), adding an insurance perspective to a Canadian coalition focused on accelerating low-carbon and climate-resilient practices in the built environment. The move comes as insurers…...

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