News
Mile Auto Acquires Georgia's Insurance House
8+ hour, 16+ min ago (151+ words) Mile Auto, an AI-driven MGA, announced its acquisition of Insurance House, Inc. effective as of July 1, 2026. With nearly $100 million in annual premium, the combined organization serves more than 55,000 policyholders and 1,600 independent insurance agencies across 10 states. Atlanta, Georgia-based Insurance House adds…...
California Insurance Commissioner OKs Upping Workers' Comp Pure Premium 10.4%
18+ hour, 48+ min ago (157+ words) California Insurance Commissioner Ricardo Lara approved workers’ compensation advisory pure premium rates that average 10.4% than last year. The Workers’ Compensation Insurance Rating Bureau of California submitted a pure premium rate filing in May to the commissioner proposing September 1, 2026 advisory pure…...
Flood Insurance Gap Will Squeeze Local Governments, Homeowners, Moody's Says
23+ hour, 48+ min ago (522+ words) The flood insurance gap in the United States is big–and it’s not getting better. And the consequences of that gap are about to worsen for property owners and state and local governments, thanks to increasing rainfall amounts, stronger storm…...
No Residency, No Coverage? Is Your Home Uninsured?
23+ hour, 48+ min ago (624+ words) My May 2026 column about the enforceability of an exclusionary endorsement that was not listed in a policy’s schedule of endorsements began with this quotation that referenced “endorsements hiding in plain sight”: “Insurance rarely fails loudly. It fails quietly, through definitions,…...
California Homeowners Insurance Costs Still 41% Below National Average, Report Shows
23+ hour, 48+ min ago (388+ words) California homeowners pay 41% below the national average for homeowners insurance, a study from LendingTree shows. LendingTree’s State of Home Insurance: 2026 report, which is based on rates publicly sourced from insurer filings, shows California homeowners paid an average of $1,413 annually for…...
Allstate Sued by Oklahoma for Alleged Scheme to Underpay Claims
5+ day, 16+ hour ago (272+ words) Oklahoma’s attorney general sued Allstate Corp., alleging the insurer schemed to minimize payouts to homeowners for wind and hailstorm damage in order to boost its profits. The state’s top lawyer, Gentner Drummond, alleges that Allstate implemented an internal program to…...
Alabama DOI Lifts 16-Month Moratorium on New Captive Insurers in the State
1+ week, 18+ hour ago (335+ words) Now that a new Alabama law has had time to take effect, the state Department of Insurance has lifted a 16-month moratorium on new captive insurance companies in the state. A captive manager and supporter of the new law said…...
DUAL North America Launches California Homeowners Product
1+ week, 4+ day ago (121+ words) DUAL North America launched a California Homeowners insurance product, expanding its U.S. personal lines offering. The product is written on an HO-3 form, backed by an A.M. Best ‘A’ rated carrier, and offers dwelling coverage limits of up to $5 million. It is…...
Viewpoint: Why Florida Property Insurance Rates Might (and Might Not) Keep Falling
1+ week, 6+ day ago (465+ words) Editor’s note: As some national news reports continue to claim that Florida’s property insurance crisis has endured and premiums keep rising, one Florida insurance executive offered a view from inside the industry, shaped by more than three decades in the…...
Anderson Insurance Agency Launches in Coral Springs
2+ week, 18+ hour ago (160+ words) A south Florida businessman is stepping into the insurance agency with the launch of Anderson Insurance Solutions, based in Coral Springs. He said last week that it’s too soon to say which property insurance carriers he may be appointed with....