U.S.
U.S. Homeowners Line ‘Stable,’ but Weather Events Present Uncertainty: AM Best
A day after Hurricane Ian hit Florida as a Category 4 storm Sept. 28, AM Best released its scheduled market segment report of the U.S. homeowners insurance market, calling it stable due to overall ...
Erie and Auto-Owners Earn Top Spots in J.D. Power Independent Agent Satisfaction Study
Independent agents have never been more satisfied with their carrier partners, and overall satisfaction for both personal and commercial lines has once again reached an all-time high, according to ...
Opinion: Consumers Pay the Price as Regulatory Interference Drives Property Insurance Market Instability
Many states are facing a growing affordability and availability crisis in property insurance markets, and it's not just because of climate change. While climate change is leading to more severe and ...
National Flood Insurance Program Extended to Mid-December
Late last week President Joe Biden signed legislation passed by Congress to extend the National Flood Insurance Program's authorization to Dec. 16, 2022. "NFIP reauthorization is an opportunity for ...
Judge Dismisses Mexico Lawsuit Against Gun Manufacturers
A U.S. federal judge on Friday dismissed a lawsuit brought by the Mexican government against U.S. gun manufacturers arguing their commercial practices have led to bloodshed in Mexico. Judge F. Dennis ...
Former PG&E Execs Agree to $117M Settlement for Wildfires
Former executives and directors of Pacific Gas & Electric have agreed to pay $117 million to settle a lawsuit over devastating 2017 and 2018 California wildfires sparked by the utility's ...
Insurers Warn California’s Inaction Threatens Auto Policies
Top U.S. insurance companies and associations say California is risking a crisis in the nation's largest automobile insurance market by refusing to approve any rate increases for more than two years, ...
Gun Violence Costs the U.S. $557 Billion a Year
Gun violence that causes tens of thousands of U.S. deaths each year — far more than any other developed nation — is having a significant, negative impact on the country's economy, Harvard Medical ...