Insurance News
Florida Officials Promise Claims Assistance
(9/11/2017) Chief Financial Officer Jimmy Patronis and Insurance Commissioner David Altmaier hosted a conference call with insurance company executives to confirm that comp... full story
Florida Has Hurricane Deductibles
(9/11/2017) Nineteen states and the District of Columbia have hurricane deductibles, according to the Insurance Information Institute... full story
House Extends Term of FSOC Insurance Expert
(9/11/2017) The U.S. House approved, by a vote of 407 to 1, legislation to ensure the Financial Stability Oversight Council insurance expert can remain for an additional 18... full story
Cat 5 Hurricane Irma on a Collision Course with Florida
(9/06/2017) Just after residents of Texas endured massive destruction from Hurricane Harvey, another big hurricane may threaten the United States. The ultimate path of Hurr... full story
FEMA Warns of Texas Phising Scam
(9/06/2017) There are reports that residents in Texas have been receiving robo-calls telling them their flood premiums are past due, and in order to have coverage for Hurri... full story
How Bad Was Harvey? A 1-in-1,000 Year Flood Event
(9/06/2017) A new data analysis just came out saying Hurricane Harvey was a 1-in-1,000-year flood event... full story
Best’s: $5.1 Billion P/C Loss in H1
(9/06/2017) Preliminary results from A.M. Best indicate that the U.S. property/casualty insurance industry posted a net underwriting loss of $5.1 billion for the first half... full story
Trouble for Texas Has Just Begun
(8/29/2017) A major catastrophe is underway in Texas. It started with the arrival of Hurricane Harvey, now a tropical storm that has stalled over the eastern part of Texas.... full story
Cautious Optimism: Agent Issues in Congress
(8/29/2017) Independent agents have specific stakes in several high-profile issues being debated in Congress, such as renewal and reform of the National Flood Insurance Pro... full story
Reinsurers See First Half Premium Growth
(8/29/2017) A survey from the Reinsurance Association of America indicates that U.S. property and casualty reinsurers saw an increase in gross written premium over the firs... full story
Aetna Accidentally Reveals HIV Status of Some Insureds
(8/29/2017) Aetna Inc. inadvertently revealed the HIV status of some clients in a mailing about medication for the disease sent to about 12,000 people last month... full story
Independent Agents Still Lead Captives in Life
(8/23/2017) In 2016, independent agents held 49 percent of the new individual life insurance sales market... full story
Tornadoes Increase in 2017
(8/23/2017) Preliminary NOAA reports show that there were about 529 tornadoes January to April 2017 compared with the January to April average of 239 for the three years fr... full story
Marsh: Global Rates Continue Down
(8/23/2017) According to Marsh’s Global Insurance Index, global insurance rates decreased for the 17th consecutive quarter in the second quarter of 2017 due to substantia... full story
Pennsylvania Commissioner Miller to Head DHS
(8/23/2017) Pennsylvania Gov. Tom Wolf has chosen Insurance Commissioner Teresa Miller to head the state’s Department of Human Services, with Insurance Department Chief o... full story
National Underwriter’s Agency of the Year Award
(8/23/2017) The National Underwriter/PC360 has announced its first annual Agency of the Year Awards... full story
Second Report for State Insurance Departments
(8/15/2017) The National Association of Insurance Commissioners has released the second volume of the 30th edition of the Insurance Department Resources Report. The report ... full story
PA Dept. Announces $40 Million in Restitution
(8/15/2017) Pennsylvania Insurance Commissioner Teresa Miller announced the Insurance Department reclaimed $40,244,992... full story
Insurance Premium Volume in U.S. Grows 4 Percent in 2016
(8/15/2017) Overall insurance industry premiums in all lines rose 4 percent to $2.2 trillion in 2016 over 2015, the National Association of Insurance Commissioners reported... full story
Sen. Alexander Announces Healthcare Hearing
(8/08/2017) The U.S. Senate health committee will hold bipartisan healthcare hearings in September on how to repair and stabilize the individual health insurance market. full story