News
New insurance study shows Florida tort reforms are working - Florida
4+ hour, 36+ min ago (262+ words) A new report shows recent Florida tort reforms are delivering significant benefits to consumers, job creation and the state's overall business climate. The report by the American Property Casualty Insurance Association highlights a new economic analysis from The Perryman Group…...
Lawmakers call for expanding California FAIR insurance plan - California
4+ week, 2+ day ago (489+ words) (The Center Square) " California lawmakers called Wednesday for the state's "insurer of last resort," the California FAIR Plan, to evolve to insure more properties throughout the state. The remarks come after years of the number of FAIR Plan policyholders climbing…...
Allstate homeowners rate hike sparks debate over Illinois insurance oversight - News
1+ mon, 2+ week ago (529+ words) (The Center Square) " Illinois homeowners could see their insurance bills rise again after Allstate filed a $58 million rate increase affecting nearly 300,000 policyholders, reigniting a debate over whether the state should tighten oversight or risk government overreach in the insurance market....
WATCH: Illinois House rejects home insurance bill GOP says would raise rates - Illinois
3+ mon, 3+ week ago (386+ words) (The Center Square) " Illinois Republicans say a state Senate proposal to regulate homeowners insurance rates failed to address the reasons for higher premiums. House Bill 3799 would require home insurance providers to notify consumers at least 60 days in advance if they…...
Two from Congress say climate change hitting homeowners insurance, mortgages - North Carolina
4+ mon, 1+ week ago (427+ words) (The Center Square) " Climate change is impacting rising insurance rates and access to mortgages, says two members of Congress from North Carolina and Rhode Island. "Climate change is now hitting family pocketbooks and in a big way," said Sen. Sheldon…...
Fla. tort-reform advocates say legislative wins under attack - Florida
4+ mon, 1+ week ago (339+ words) Florida tort-reform supporters pressed their message about the economic costs of excessive litigation during Lawsuit Abuse Awareness Week while conceding that the passage of additional reforms to route out injustices in the civil justice system was unlikely in 2026. "We are…...
Wildfires burn thousands of acres in Central California - California
5+ mon, 3+ week ago (386+ words) (The Center Square) " Many new wildfires continued to burn in Central California Wednesday after torching thousands of acres. The TCU September Lightning Complex, which consists of 22 fires of various sizes in Calaveras and Tuolumne counties, started at 4 p.m. Tuesday. As the…...
Garnet Fire burns 8,500 acres; other CA blazes continue - California
6+ mon, 1+ day ago (359+ words) (The Center Square) " Several new California wildfires continue to burn. The Garnet Fire, which began Sunday in Fresno County in central California, has burned 8,500 acres and is 0% contained, the state Department of Forestry and Fire Protection reported. Evacuations have been…...
Landry, Insurance Department split on why Louisiana rates are dropping - Louisiana
6+ mon, 1+ week ago (486+ words) (The Center Square) " Louisiana drivers are beginning to get lower auto insurance costs in 2025, with Gov. Jeff Landry and Insurance Commissioner Tim Temple offering starkly different explanations for why. The Louisiana Department of Insurance announced this week that more than…...
Florida senators introduce Flood Insurance Relief Act - Florida
7+ mon, 1+ week ago (231+ words) (The Center Square) " Florida U.S. Sens. Rick Scott and Ashley Moody introduced a bill on Thursday that would provide tax relief on flood insurance premiums. The Flood Insurance Relief Act would provide a nonrefundable tax deduction on flood insurance premiums paid…...