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Latest News & Web Pages
Rate decrease approved for Citizens Property Insurance
1+ hour, 6+ min ago (208+ words) FLORIDA " Citizens Property Insurance said its Board of Governors approved rate recommendations for 2026 to decrease personal policies by 2.6%. Citizens said three out of every five policyholders will see an average premium reduction of $359 across the state. "Critical reforms championed by…...
State Farm, Travelers, and Progressive Homeowners Insurance Customers Have Opportunity to Join Schall Law Firm Investigation into Insurers’ Decision to Change Insurance Deductibles and Terms Without Homeowners’ Knowledge
1+ hour, 25+ min ago (262+ words) State Farm, Travelers, and Progressive Homeowners Insurance Customers Have Opportunity to Join Schall Law Firm Investigation... LOS ANGELES, March 04, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national litigation firm, announces that it is investigating claims on behalf of homeowner policyholders…...
Rising taxes and homeowners insurance undermine affordability — even in buyer-friendly markets
2+ hour, 44+ min ago (592+ words) A new analysis published by Neighbors Bank indicates that escrow costs heading into 2026 continued to consume a larger portion of households" monthly mortgage payments compared to historical norms. Taxes and insurance now account for 21% of homeowners" monthly mortgage payments across…...
State Farm Announces Record $5 Billion Dividend for Auto Insurance Customers
4+ hour, 43+ min ago (483+ words) The measure comes after a better-than-expected performance in the auto insurance sector in 2025. State Farm Mutual recorded positive results in underwriting, with a reduction in vehicle repair costs and a lower number of collisions. Esses factors allowed not only the…...
Louisiana insurance commissioner focusing on discounts for fortified roofs - The Daily Advertiser | Lafayette, Louisiana
5+ hour, 37+ min ago (1049+ words) BATON ROUGE " Louisiana Insurance Commissioner Tim Temple is working with a national panel of insurance commissioners to establish a targeted discount rate for homeowners who install a fortified roof. The benchmarks will be minimum discounts on homeowner policies that insurance…...
Homeowner Repair Contract Protection Act Heads to Senate
5+ hour, 49+ min ago (307+ words) OKLAHOMA CITY " Legislation aimed at strengthening protections for homeowners approached at their residences for storm-related repair work is now headed to the Senate after the House voted 82-4 to approve the measure. House Bill 3790, titled the Oklahoma Homeowner Repair Contract Protection…...
State insurance commissioner is focusing insurance discounts for fortified roofs
6+ hour, 21+ min ago (1092+ words) BATON ROUGE " Louisiana Insurance Commissioner Tim Temple is working with a national panel of insurance commissioners to establish a targeted discount rate for homeowners who install a fortified roof. The benchmarks will be minimum discounts on homeowner policies that insurance…...
Oklahoma AG wins key ruling against State Farm in insurance lawsuit
6+ hour, 38+ min ago (92+ words) Oklahoma AG wins key ruling against State Farm in insurance lawsuit'The Oklahoman State Farm's motion to dismiss the state's petition for intervention in a lawsuit alleging company-wide fraud was denied by Oklahoma County District Judge Amy Palumbo Tuesday. Palumbo's decision…...
Flood Patterns Shift as NFIP Debt Surpasses $20 Billion, Researchers Call for Structural Updates - ProgramBusiness | Where insurance industry clicks
7+ hour, 11+ min ago (488+ words) The U.S. National Flood Insurance Program is more than $20 billion in debt as flood events increase in frequency and geographic reach. At the same time, researchers say outdated flood prediction methods are compounding financial strain on the program and exposing property…...
Florida's Citizens eyes $2.98bn of reinsurance for 2026 risk transfer program
8+ hour, 12+ min ago (453+ words) 4th March 2026 - Author: Kane Wells - Florida's Citizens Property Insurance Corporation has revealed that it aims to secure private reinsurance coverage of approximately $2.98 billion for its 2026 risk transfer program. According to the firm, coverage would be comprised of $1.53 billion of existing private…...