1+ day, 32+ min ago   (585+ words) The January 2025 wildfires in Los Angeles turned into an unplanned stress test for how insurers measure wildfire risk, according to analysis from Delos Insurance Solutions. Insurers have paid more than $22.4 bn on wildfire claims tied to the Los Angeles wildfires…...

2+ day, 12+ hour ago   (439+ words) The Illinois House has voted down a contentious insurance regulation bill that would have expanded the state's power to review and modify filed rates, mandate longer notice periods for premium hikes, and tighten control over how insurers use loss data....

1+ week, 22+ hour ago   (385+ words) State Farm CEO Jon Farney is pressing Illinois Gov. JB Pritzker to block legislation that would give the state power to judge whether homeowners insurance rates run too high. The exchange has turned pointed, and public. Farney wrote to the…...

1+ week, 1+ day ago   (446+ words) Skyway Underwriters, an U.S.-based MGA specializing in catastrophe-exposed property risks, and ResiQuant have formed a partnership aimed at reshaping how coastal wind risk is underwritten in the US property market. Skyway, an AI-native managing general agent backed by American Coastal…...

2+ week, 3+ hour ago   (428+ words) Canada recorded C$2.4 bn in insured catastrophe losses during 2025, according to data from Toronto-based Catastrophe Indices and Quantification (CatIQ) is a subsidiary of Zurich-based PERILS. Uninsured losses added roughly $1 bn, pushing total societal losses to $3.4 bn, based on estimates from…...

2+ week, 23+ hour ago   (272+ words) The Kansas Department of Insurance recovered $56.7 mn for Kansas residents in 2025, according to Insurance Commissioner Vicki Schmidt. The figure reflects funds returned after regulatory intervention in insurance disputes and claim resolution. Amounts counted as recovered arise when department staff assist…...

2+ week, 23+ hour ago   (519+ words) US insurance commissioners and industry trade groups are backing renewed efforts to dismantle the Federal Insurance Office, reopening a long-running fight over who controls insurance oversight. The bill would eliminate the FIO and reinforce the state-centric regulatory framework established under…...

3+ week, 1+ day ago   (536+ words) Illinois homeowners could see insurance bills climb again after Allstate filed a $58 mn homeowners rate increase covering close to 300,000 policyholders, reopening a long-running argument over whether the state should tighten controls or avoid deeper government involvement in pricing. The increase,…...

3+ week, 1+ day ago   (735+ words) Policyholders at Citizens Property Insurance Corp. will receive an average statewide homeowners rate reduction of 8.7%, according to an announcement from Governor Ron DeSantis. Homeowners in South Florida are positioned for even steeper cuts under the new rate structure. The reduction…...

1+ mon, 5+ day ago   (388+ words) Rising homeowners insurance premiums are becoming a significant new pressure point for Colorado's already strained housing market, reshaping affordability calculations for both buyers and sellers. Colorado now ranks as the fourth most expensive state for property and casualty insurance, according…...