Insurance

California regulator may allow State Farm to hike home insurance premiums by 22% for a million customers after devastating wildfires

California's top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% on home insurance for about a million customers if the insurance giant ...

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Why were these Bay Area communities left off map of fire-risk areas where insurers must expand coverage?

As part of a new plan to stabilize California’s home insurance crisis, state regulators have updated a map of fire-risk areas where insurers will soon be expected to write more policies. The goal i...

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SV Chat: Harvey Rosenfield of Consumer Watchdog’s been taking on insurance industry for three decades

Harvey Rosenfield has been been fighting the insurance industry for more than three decades. And these days, with insurance companies canceling policies and threatening to leave California, the Co...

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Insurance industry faces 4 possible future scenarios

The insurance industry faces four possible future scenarios. Insurance executives are optimistic about the major trends influencing their industry, but remain aware of critical risks to their organ...

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(03.2025) AGM – Chairman and CEO's report

Madrid, March 14, 2025 SPANISH SECURITIES AND EXCHANGE COMMISSION In accordance with article 227 of Law 6/2023, of March 17, on the Securities Market and Investment Services, MAPFRE, S.A. (MA...

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Why were these Bay Area communities left off list of fire-risk areas where insurers must expand coverage?

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Home insurance industry fighting explanation policy

The insurance industry pushed back this week against state lawmakers' efforts to require an explanation anytime providers cancel or refuse to renew a Texas homeowner's policy. It comes as a growin...

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People in this Louisiana city will see a 25% discount on flood insurance as rates broadly rise

Central residents should get a 25% discount on their flood insurance premiums when bills go out next fall, city officials said. The city received a better rating from the National Flood Insurance ...

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AM Best Affirms Credit Ratings of Berkshire Hathaway Homestate Insurance Company and Its Affiliates

OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of Berkshir...

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Macron turns the screws on ministers to boost defense spending

PARIS — French President Emmanuel Macron is pressing his government to quickly carve out extra funding for defense amid fears of an American pivot away from Europe under United States President Don...

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Luigi Mangione's lawyers zero in on his final 30 minutes of freedom to argue police made a mistake

Luigi Mangione is fighting in Pennsylvania to suppress evidence and statements from his arrest.Curtis Means/Pool Photo via APLuigi Mangione was arrested 3 months ago during a tense 30 minutes at a ...

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Bring back the sunshine: Florida’s public records crisis demands action | Opinion

For almost two years, state insurance regulators sat on a report showing that property insurance companies were raking in billions — even as they lobbied the Florida Legislature for financial relie...

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N.Y. AG files complaint in Allstate data breach

In yet another sign that insurers are facing increased scrutiny over the safeguarding of policyholder information, the New York Attorney General has accused Allstate Insurance Company and its affil...

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Luigi Mangione at McDonald's: Battle brews over how the UnitedHealthcare CEO murder suspect was questioned and searched

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Michelle Zauner Stares Down the Darkness

Michelle Zauner wants to set the record straight: She is not trying to reclaim the label “sad girl music.” Since announcing the title of her highly anticipated fourth studio album, Fo...

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Embroker 2024 Tech Business Insurance Index: Rising Risks and Soft Market Impact Priorities for Tech Companies

Annual index reveals shifting risk appetite of tech companies in midst of emerging AI technologies and market uncertainties SAN FRANCISCO--(BUSINESS WIRE)-- Embroker, the digital platform ma...

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Here are the consequences for an Aventura doctor after he failed to diagnose cancer

Being late in diagnosing and treating a patient’s testicular cancer will cost an Aventura doctor time, money and some autonomy despite three decades of experience. Dr. Mark Christ has been license...

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Access to fresh food is one key step to solving diet-related illness, says entrepreneur

Consuming nutritious foods can make all the difference when it comes to maintaining health and well-being — but not every American has ready and regular access to fresh produce and other wholesome ...

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Floridians need a property tax break, but here’s why DeSantis’ proposal is dangerous | Opinion

There is no doubt that Floridians are struggling to afford living in the state, especially in South Florida. Gov. Ron DeSantis’ solution is to eliminate property taxes, and he’s pushing the Legisla...

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Study polls insurers on strategies, investments for 2025

Profitability will be the biggest top-of-mind issue for insurers in 2025, while advanced data and analytic technologies will be insurers’ top strategic priority this year. Majesco polled insurers ...

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Five Tax Deductions You Shouldn’t Miss Out On

With the April 15 deadline right around the corner, you want to ensure you're taking advantage of all the deductions you can. Andy Phillips, Vice President of H&R Block’s Tax Institute, says hi...

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