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News
Exiting California’s FAIR Plan
3+ hour, 37+ min ago (269+ words) Carrier Management Exiting California’s FAIR Plan Having steered clear of Altadena since late March 2025, shortly after the Eaton fire tore through the community, I decided to return this past weekend. My hopes were high for a sustained recovery. The town…...
After Drop Last Year, Car Insurance Rates Climb: Insurify
2+ week, 3+ day ago (379+ words) After a 6% drop in 2025, car insurance rates are projected to climb back in more than half the nation, with 27 states posting increases in the first half of 2026, according to Insurify’s 2026 Mid-Year Auto Report. By the end of the year, 32 states…...
Why a Quieter Hurricane Season May Not Guarantee Good News for Insurers
1+ mon, 3+ day ago (876+ words) For insurers, the periodic El Niño climate phenomenon has traditionally lowered the risk of costly Atlantic hurricanes. Still, decades of population growth along coastal areas and rising property values are forcing them to rethink that assumption. Marked by warmer-than-average sea…...
Beyond the Weather News Bulletins: How Insurers Can Improve NatCat Responses
1+ mon, 1+ week ago (187+ words) Deepak Badoni, Ph.D., co-founder and president, EigenRisk, Inc., has more than two decades of experience in risk management and insurance technology, and has led several related product development initiatives. EigenRisk an independent insurance technology firm, helps insurers, reinsurers, brokers and…...
The Price of Loyalty: How Higher Premiums Are Reshaping Carrier Retention
2+ mon, 19+ hour ago (275+ words) Carrier Management The Price of Loyalty: How Higher Premiums Are Reshaping Carrier Retention The homeowners insurance industry has stuck pretty closely to the status quo when it comes to customer relationships for decades now. That’s because many policyholders have remained…...
Florida P&C Market Now Totals 20 Insurers
3+ mon, 2+ day ago (341+ words) Three new property and casualty (P&C) insurers have entered Florida’s market, according to an announcement last week by Insurance Commissioner Mike Yaworsky. Builder Reciprocal Insurance Exchange is based out of Texas and is now approved to write homeowners multi-peril insurance…...
Why and How Homeowners Underwriting Must Change
3+ mon, 1+ week ago (250+ words) Chris DiMartino is the Chief Underwriting Officer at Orion180, overseeing all aspects of Underwriting, Product Development and Product Management. He has 27 years of experience in P/C insurance, with expertise in both commercial and personal lines. DiMartino spent most of his…...
The Race for California Insurance Commissioner: Meet Steve Bradford
3+ mon, 2+ week ago (397+ words) This article is part of a multi-part series introducing candidates who are running for the position of insurance commissioner in California. Eight candidates responded to three questions posed by Journalist Don Jergler. Democrat Steve Bradford, an education organization board member,…...
The Race for California Insurance Commissioner: Meet Eduardo "Lalo" Vargas
3+ mon, 2+ week ago (508+ words) This article is part of a multi-part series introducing candidates who are running for the position of insurance commissioner in California. Eight candidates responded to three questions posed by Journalist Don Jergler. Eduardo “Lalo” Vargas, running on as a Peace…...
Aging Renters a Strategic Growth Opportunity for Insurers: TransUnion
3+ mon, 2+ week ago (248+ words) Many property insurers have overlooked a key market of stable and profitable customers: aging renters, according to TransUnion’s latest Insurance Personal Lines Trends and Perspectives Report. Renters policies generally yield lower premiums, averaging $171 annually, which can lead insurers to view…...