California Approves 22% Rate Hike for State Farm Home Insurance

State Farm gets preliminary approval for a 22% insurance premium hike in California amid wildfire risks, impacting nearly a million homeowners.

Jerry Bump Becomes Acting Insurance Commissioner of Hawai‘i

Jerry Bump has been appointed as the acting insurance commissioner for Hawai‘i, following Gordon Ito's retirement. Learn more about his plans for the insurance landscape.

Great Bay Insurance Group Announces Leadership Changes

Great Bay Insurance Group appoints new leaders to enhance management and services in coastal homeowners’ insurance in New Jersey.

ACLI Report: Private Insurance Can Save Billions in Federal Spending

Explore ACLI's report revealing how private insurance products can save billions in federal spending by reducing dependence on Social Security and Medicaid, promoting financial stability.

Allianz Sells 26% Stake in Bajaj Insurance Ventures for $2.8 Billion

Allianz sells 26% stake in Bajaj insurance ventures for $2.8 billion, focusing on growth opportunities in India post-transaction.

Ninth Circuit Reviews Choice-of-Law in ERISA Case

The Ninth Circuit is set to determine the enforceability of a choice-of-law provision in an ERISA case impacting California insurance regulations.

Penn Mutual Faces Lawsuit Over Alleged Tax Avoidance Scam

A lawsuit accuses Penn Mutual Life Insurance Co. of running a fraudulent tax-avoidance scheme involving life insurance policies, seeking $23.5 million in damages.

Insurance Industry Faces Key Challenges and Opportunities Ahead

Explore the future of the insurance industry facing technological change, risks, and opportunities for innovation and cooperation.

State Farm Seeks 22% Increase in California Insurance Rates

State Farm requests a 22% insurance rate hike in California due to increased risks.

Midland National Life Insurance Company Faces Data Breach

Midland National Life Insurance Company reports a data breach compromising sensitive personal information, leading to potential compensation for affected individuals. Discover the details and what to do next.