8+ hour, 49+ min ago  (319+ words) Floodbase and Liberty Mutual announced the launch of an instant quoting application for parametric flood insurance in the U.S., allowing wholesale and retail brokers to price parametric flood covers in minutes Designed specifically for the U.S. market, Liberty's pricing engine " Floodbase and…...

1+ day, 14+ hour ago  (181+ words) The Oklahoma Insurance Department (OID) announced that its captive insurance program had another record year in 2025 with a net gain of 10 licensed captive insurers. Oklahoma has now surpassed its previous high of 73 captive insurers, which was set " The Oklahoma Insurance…...

1+ day, 18+ hour ago  (500+ words) It's been more than a year since the Palisades and Eaton Fires in Los Angeles, and attorneys who work in first'party property claims are still seeing a steady rise in disputes. That trend isn't slowing down anytime soon'these claims will…...

3+ day, 58+ min ago  (229+ words) An Oklahoma state senator has proposed a package of insurance reform bills she says will tackle the state's skyrocketing insurance costs. Democrat Sen. Julia Kirt, the Minority Leader of the Oklahoma Senate, has pre-filed three insurance-related bills ahead of the…...

6+ day, 18+ hour ago  (597+ words) Just days before a final committee vote on a bill that would establish a clearinghouse for Citizens" commercial policies, Florida"s insurance commissioner has offered his own rewrite, one that would give regulators more authority over who runs the clearinghouse…...

1+ week, 1+ day ago  (721+ words) Insureds cannot rely on the word of an insurance adjuster'even one hired by the insurer'to show that a homeowners" policy covers sewage backup, a federal appeals court said in a case that underscored the sanctity of policy exclusions but also…...

1+ week, 5+ day ago  (338+ words) California Insurance Commissioner Ricardo Lara is pushing a change to the state's long-standing intervenor regulations, which enable groups to intervene in rate hearings. Lara on Friday released the amended text of proposed regulations for the intervenor and Administrative Hearing Bureau…...

1+ week, 5+ day ago  (128+ words) Legislation to make wildfire risk scores more transparent passed out of the Washington state Senate on nearly unanimously. Senate Bill 5928, which passed 48-1, is being pushed by Insurance Commissioner Patty Kuderer. The bill is sponsored by Sen. Judy Warnick (R " Moses…...

2+ week, 4+ hour ago  (965+ words) The Los Angeles wildfires that kicked off 2025 not only sped up a statewide homeowners insurance market pullback, but they also played a part in an ongoing reshaping of California's surplus lines market, according to a new report. The state's surplus…...

2+ week, 7+ hour ago  (573+ words) Florida insurance company officers, employees, board members and even stockholders would have to undergo background checks and fingerprinting under a wide-ranging bill approved by a state House panel Wednesday morning. House Bill 1263, sponsored by state Rep. Linda Chaney, R-St. Petersburg,…...