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NOAA: 2017 a Costly Weather Year

(10/11/2017) According to the National Oceanic and Atmospheric Administration (NOAA), there have been 15 costly disasters through September, including three hurricanes, thre... full story

Consumers Warned of Flood-Damaged Vehicles

(10/11/2017) Ohio Insurance Director Jillian Froment issued a consumer alert urging Ohioans to be cautious in the wake of Hurricanes Harvey and Irma when purchasing a used v... full story

Irma-Related Claims Mount in Florida

(10/04/2017) The Florida Office of Insurance Regulation reports that as of Oct. 2, 661,957 claims have been filed in response to Hurricane Irma, amounting to $4.2 billion in... full story

Aetna Offers Compensation for HIV Medication Disclosure

(10/04/2017) Aetna is offering cash reimbursements to some of its customers impacted by the insurer's accidental disclosure that they are taking HIV/AIDS medication... full story

U.S. Rescinds Federal Oversight of AIG

(10/04/2017) U.S. officials voted Sept. 29 to remove federal oversight of American International Group Inc., an insurance company now about half the size it was when it was ... full story

Florida Consumers Face New Hurricane Deductibles

(9/27/2017) In the aftermath of recent storms, hurricane deductibles are rising in Florida. Such deductibles can range from $500 up to 10 percent of a Florida home’s valu... full story

U.S., EU Sign Covered Agreement

(9/27/2017) On September 22 the U.S. and the European Union said it would conduct a ceremony for the signing of a bilateral agreement on prudential insurance and reinsuranc... full story

Hurricane Maria Devastates Puerto Rico

(9/20/2017) Two weeks after escaping the worst of the damage from Hurricane Irma, Puerto Rico suffered a direct hit from Hurricane Maria on Wednesday, an extremely dangerou... full story

Insurers: Harvey Was Texas’ Costliest Storm

(9/20/2017) Hurricane Harvey is officially the most expensive storm to batter the state in terms of insured losses, the Insurance Council of Texas reported. The insurance t... full story

Irma: The Focus Shifts to Recovery

(9/11/2017) Now that Irma has been downgraded to a tropical storm, what remains is recovery—and finding out just how expensive that recovery will be. Irma drove a path of... full story

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