Insurance

Legal System Abuse, Not Just Economic Inflation, Drives Liability Insurance Losses by More than $230 Billion Over Past 10 Years, New Triple-I – Casualty Actuary Society Analysis Shows

MALVERN, Pa.--(BUSINESS WIRE)-- A new analysis by the Insurance Information Institute (Triple-I) and the Casualty Actuarial Society (CAS), finds that legal system abuse (LSA) and related litigati...

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How Fake Health Insurance Is Luring People In

After a long career as a nurse, Lisa Bower, now 61, retired, started working as a part-time nanny, and, in 2021, realized she needed health insurance. The Illinois resident took to th...

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Trends show a new world of insurance litigation

Coverage litigation trends in U.S. federal courts since 2022 reflect a markedly different landscape from both the early COVID-19 years and the decade preceding them. According to a report from Lex ...

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AIG to partner with specialty insurer Convex and asset manager Onex in $5 billion deal

AIG is investing nearly $5 billion in specialty insurer Convex Group and asset manager Onex Corporation and its investment funds, a move insiders say reflects CEO Peter Zaffino’s drive to transf...

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USAA Seeking Another 7% Home Insurance Increase in California | Insurify

USAA, the seventh-largest home insurer in California, is seeking to raise rates by 7.3% for 2026, according to a recent filing with the California Department of Insurance (CDI). If approved, the ra...

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HASTINGS ANNOUNCES LEGISLATION TO ENSURE FAIR HOMEOWNERS INSURANCE RATES FOR ILLINOIS FAMILIES

The following information was released by the Illinois Senate Democrats: State Senator Michael E. Hastings was joined at a press conference Wednesday by Senators Willie Preston, Paul Faraci, Meg...

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SENATE COMMITTEE EXAMINES CAR INSURANCE LAPSES

The following information was released by the Pennsylvania State Senate, Republican Caucus: The Senate Transportation Committee, chaired by Sen. Judy Ward (R-30), held a hearing Wednesday to que...

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DOJ Subpoena to Gender Medicine Telehealth Provider Quashed, but Record Not Sealed

From Judge Jamal Whitehead (W.D. Wash.) in Queerdoc, PLLC v. U.S. Dep't of Justice: On January 20, 2025, President Trump issued Executive Order 14168, "Defending Women from Gender Ideology Extremi...

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Luigi Mangione gains prominence at federal jail where guards like him and inmates dub him 'ambassador': report

Accused UnitedHealthcare CEO assassin Luigi Mangione has achieved prominence inside a federal jail in Brooklyn, coming as no surprise to New York City defense lawyers with their own clients locked ...

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Aeroflow Health Partners with UnitedHealthcare to Expand Virtual Nutrition Services Nationwide

What You Should Know: – Aeroflow Health, a pioneering healthcare company that leverages cutting-edge technology to support the delivery of medical products and services, today announ...

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2025 Employer Health Benefits Survey

The 2025 Employer Health Benefits Survey came out last week. Here are some key findings: Premium costs The average annual premiums for employer-sponsored health insurance in 2025 ar...

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Roadzen Signs Definitive Agreement to Acquire Majority Control of Commercial Auto Insurance Broker

Roadzen Inc. (Nasdaq: RDZN) has signed a definitive agreement to acquire majority control of a U.S.-based commercial auto insurance brokerage and managing general underwriter (MGU). The transaction...

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Beyond Basics: Advanced TEA Framework Strategies

Ready to level up your productivity? This Wisdom Wednesday, we’re diving deep into advanced strategies for the TEA Framework—Time, Energy, and Attention. Discover how to use theme-based focus, alig...

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Donald Trump Wants to Kill Your Credit Score

The Trump administration’s Consumer Financial Protection Bureau issued guidance yesterday prohibiting states from wiping medical debt from consumers’ credit ratings. The move could exacerbate the c...

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EZELL INTRODUCES BILL TO RESTORE FLOOD INSURANCE COVERAGE FOR HOMEOWNERS IMPACTED BY SHUTDOWN

The following information was released by the office of Mississippi Rep. Mike Ezell: Congressman Mike Ezell (MS-04) today introduced the NFIP Retroactive Renewal and Reauthorization Act, legisla...

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"Homeowners insurance bill of rights" provides clarity, fairness, Consumer Reports says

More than half of homeowners say their insurance premiums went up in the last year, according to a large survey from the nonprofit consumer advocacy and journalism organization Consumer Reports. Co...

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DeSantis: Progressive will refund $1 billion to customers

Photo courtesy of iStock MIAMI – Florida Gov. DeSantis announced that Progressive will refund nearly $1 billion to Florida auto policyholders, as part of the state's effort to bring down the cost ...

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New California laws aim to ease ongoing home insurance crisis

California has approved a package of new laws meant to stabilize the state’s faltering home insurance market and help property owners protect their homes from wildfires and recover when they lose e...

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Monroe County removes enclosure size rule

County commissioners voted unanimously on Wednesday, Oct. 15, to eliminate floodplain construction requirements adopted two decades ago after FEMA threatened to withhold federally subsidized flood ...

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As wildfires scorch California, should insurers divest from fossil fuels?

As catastrophic wildfires spur insurance companies to raise homeowner premiums and drop thousands of policyholders across California, the industry has blamed climate change for fueling the blazes. ...

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Trademark Application for “TWIG” Filed by AssuranceAmerica Corporation: AssuranceAmerica Corporation

2025 OCT 20 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application...

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