News
State Farm Stronger as Underwriting Losses Shrink—But Not in California
After reporting a $13 billion underwriting loss in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss last year—but the total for 2024 was less than half of those prior ...
Georgia Senate Wants to Further Boost Hurricane Helene Relief
Georgia's state Senate wants to boost spending on Hurricane Helene relief even more, including creating a grant program that could provide aid to individuals. The state Senate voted 55-1 Wednesday to ...
Employees Reluctant to Discuss Their Mental Health at Work: Poll
Despite a growing demand for mental health support in the workplace, many employees feel their needs remain unmet despite available resources, according a poll conducted by the National Alliance on ...
U.S. High Court Poised to Lower Bar for ‘Reverse Discrimination’ Suits
U.S. Supreme Court justices appeared to lean on Wednesday toward making it easier for people from "majority backgrounds," such as white or straight people, to pursue workplace discrimination claims, ...
Consumer Trust Issues Hinder Industry Efforts to Close Protection Gap: Survey
Most insurance executives surveyed last year believe they have "an ethical obligation" to close the protection gap—and also believe that "lack of trust in the insurance industry" is a key barrier ...
CoreLogic: Chicago Has Most Homes at Risk from Convective Storms
Convective storms added to a year of extreme weather events that will put pressure on property insurance rates, particularly in a few hard-hit states, a new report shows. CoreLogic released its 2025 ...
Her Parents Were Hurt in Tesla Crash, But She’s Set to Pay Damages—to Tesla
Zhang Yazhou was sitting in the passenger seat of her Tesla Model 3 when she said she heard her father's panicked voice: The brakes don't work! Approaching a red light, her father swerved around two ...
AXA CEO Says Prevention Needed to Keep Home Insurance Affordable
A leading insurance executive said the best way to keep price increases in check for property insurance in regions exposed to climate change is to mitigate the impact of natural disasters. Prevention ...