INSURASALES

Homeowners Insurance Covers Food Loss, Appliance Damage After Storms

Explore how homeowners insurance covers food spoilage and appliance damage due to storm-related power outages. Learn claim tips and coverage details for effective loss recovery.

Oklahoma Homeowners Face 8% Insurance Premium Increase Amid Extreme Weather Risks

Oklahoma homeowners are experiencing an 8% rise in home insurance premiums in 2023 due to increased claims from hail, wind, wildfires, and tornadoes. Strategies to mitigate costs include home fortifications and deductible adjustments.

Tahoe Donner’s Forest Management Leads to Novel Wildfire Insurance Policy

Tahoe Donner Association secures a $2.5M wildfire insurance policy linking premiums directly to decades of active forest management, setting a precedent for wildfire risk pricing.

NCOIL 2025 Spring Meeting Elevates National Insurance Policy Collaboration

The 2025 NCOIL Spring Meeting in Charleston advances key insurance reforms, including prior authorization, AI in insurance, and prescription drug affordability, with record participation from legislators and regulators.

Connecticut Nonprofits Face Rising Liability Insurance Costs Threatening Foster Care Programs

Connecticut nonprofits operating foster care programs face rising liability insurance premiums due to extended child sex abuse lawsuit timelines, jeopardizing critical services. Legislative and regulatory efforts aim to address insurance market challenges for these providers.

Beneva Advances Core Insurance Operations with Guidewire Cloud Migration

Canadian insurer Beneva transitions core insurance systems to Guidewire Cloud Platform, enhancing underwriting, billing, and policy administration with advanced cloud technologies for operational agility and improved customer experience.

Federal Disaster Programs Essential for Mitigation and Insurance Stability

Senior insurance official urges Senate on the indispensable role of federal disaster programs in reducing property insurance risks and costs, highlighting FEMA's unique capabilities amid federal funding cuts.

Progressive Corporation's Market Stability and Growth Potential in Insurance

Progressive Corporation demonstrates financial strength and market stability in the U.S. property and casualty insurance sector, with positive growth indicators and favorable analyst ratings supporting its investment potential.

Senate Introduces Insurance Data Protection Act to Limit Federal Overreach

Senate introduces the Insurance Data Protection Act to reaffirm state regulatory authority and limit the Federal Insurance Office's data collection powers, protecting insurer data and reducing compliance costs.

California BAR Advances Regulations on Teardown and Storage Fees in Auto Repairs

California Bureau of Automotive Repair proposes new regulations to address teardown disclosures and storage fees amid repair authorization delays, aiming to enhance transparency and compliance in collision repair and auto insurance sectors.