You are here:HomeNews CenterInsurance News

Insurance News

California Wildfires Costliest Ever

(11/14/2017) Aon Benfield’s Global Catastrophe Recap report for October reveals that the major wildfire outbreak in California could become the costliest insured wildfire ... full story

Florida 9.5 Percent Workers Comp Decrease

(11/14/2017) Florida Insurance Commissioner David Altmaier has issued a final approval for the National Council on Compensation Insurance’s overall rate level decrease of ... full story

Gov’t Warns of One Million Flood Cars

(11/14/2017) The U.S. Department of Justice reports that the 2017 hurricane season left up to one million cars partially or completely submerged... full story

NAIC Answers Puerto Rico Calls

(11/07/2017) More people are calling the Puerto Rico Insurance Commissioner’s Office for help as cellphone service is restored to the island following Hurricane Maria. Ove... full story

California Offers Agent Exams in Spanish

(11/07/2017) Insurance Commissioner Dave Jones announced that the California Department of Insurance now offers four of its insurance agent license exams in Spanish... full story

EPLI Insurance Up in Wake of Scandals

(11/07/2017) With the rise in high-profile scandals, companies from large to small have significantly increased their employment practices liability insurance coverage for s... full story

The Hartford’s Top 5 Fire-Risk Cities

(11/07/2017) The Hartford Home Fire Index finds the top five cities at risk for home fires are... full story

Hawaii to Fine Smartphone Zombies

(11/07/2017) A new rule in Honolulu, Hawaii allows police to fine pedestrians up to $35 for viewing their electronic devices while crossing streets... full story

Insurance Rate Hikes Likely at January Renewals

(10/31/2017) On October 24, Morgan Stanley released research showing that insurers and brokers are generally confident that rates will increase during the renewals scheduled... full story

Oh Deer! Deer Collision Dangers Increase

(10/31/2017) You don’t have to be a hunter to come into the crosshairs of wildlife during the fall months... full story

California Wildfire Losses Could Top $4.6 Billion

(10/24/2017) The wildfires in California could cost insurers $4.6 billion or more in insured losses. full story

NAIC Passes Data Security Model Law

(10/24/2017) A version of the model is expected to be introduced in several state legislatures in early 2018. full story

State May Reward Cyber Insurance

(10/24/2017) A legislative proposal in Massachusetts would give information technology (IT) vendors that purchase cyber insurance preference in state contracts. full story

Is InsurTech Running Out of Steam?

(10/24/2017) Is insurtech – and indeed, the whole financial technology space – losing momentum? full story

Share Halloween Safety Tips with Your Clients

(10/24/2017) Just in time for Halloween, PIA is out with a Halloween-focused consumer-friendly issue paper with safety information for your clients. full story

Updates on October 2017 NFIP Changes

(10/24/2017) Effective October 1, 2017, the Federal Policy Fee for Tenants Contents-Only NFIP flood policies is $25. full story

Hartford to Buy Aetna’s Group Life & Disability for $1.45 Billion

(10/24/2017) The transaction will make The Hartford the second-largest provider of group life and disability insurance in America, with more than 20 million customers. full story

Cheaper Health Plans Raise Concerns

(10/24/2017) Inexpensive plans known as association health plans (AHPs) are raising concerns. full story

Quoting Auto? Get it Right the First Time

(10/24/2017) PIA’s member-only program with DocIT for Agents is changing the way PIA members quote auto insurance. full story

Insurers Expedite Wildfire Claims

(10/17/2017) California Insurance Commissioner Dave Jones issued a notice to insurers asking them to agree to expedited claims handling procedures for wildfire damage claims... full story