INSURASALES
Big “I” CEO Charles Symington Named Top Trade Lobbyist by The Hill

Big “I” CEO Charles Symington Named Top Trade Lobbyist by The Hill

Charles Symington, CEO of the Independent Insurance Agents & Brokers of America (Big I), recognized by The Hill as a top trade lobbyist for 2025. Big I leads advocacy for independent insurance agents.

Fifth Circuit Reinstates Coverage Despite Controlled-Substance Exclusion in Homeowners Policy

Fifth Circuit Reinstates Coverage Despite Controlled-Substance Exclusion in Homeowners Policy

The Fifth Circuit revives homeowners policy coverage by rejecting insurer's controlled-substance exclusion in a catastrophic injury case, emphasizing causation's role.

Settlement Approved in Fatal South Carolina Wedding Night Crash Lawsuit

Settlement Approved in Fatal South Carolina Wedding Night Crash Lawsuit

Settlement reached in wrongful death lawsuit after fatal 2023 South Carolina crash involving DUI and rental car liability. $160,000 insurance payout finalized.

Federal Judge Certifies Class in Liberty Mutual Rental Car Benefit Lawsuit

Federal Judge Certifies Class in Liberty Mutual Rental Car Benefit Lawsuit

A federal judge certifies a class action against Liberty Mutual for allegedly limiting rental car benefits prematurely under auto insurance policies.

State Farm Boosts Investments in Auto and Insurance Technologies

State Farm Boosts Investments in Auto and Insurance Technologies

State Farm Ventures is restructuring its investment portfolio to prioritize auto and insurance technologies, targeting innovations in autonomous vehicles, claims automation, and risk assessment within the insurance industry.

Insurance Claim Challenges After Truck Hits Idaho Home Spur Repairs Delay

A truck collision with an Idaho home exposed complexities in insurance claims and repair delays, spotlighting homeowner challenges with overlapping insurer roles and stalled settlements.

Rising Homeowners Insurance Premiums Drive Shift Toward Higher Deductibles

Homeowners insurance premiums are rising sharply, prompting increased use of higher deductibles as policyholders seek to manage costs amid growing natural disaster risks and limited insurer competition.

Louisiana Approves 7.5% Rate Reduction for SureChoice and Elevate Homeowners Policies

Louisiana Insurance Commissioner approves 7.5% average rate cut for SureChoice and Elevate homeowners policies, driven by reduced reinsurance costs. Effective Feb 2026.

U.S. P&C Insurers Dominate AI Patent Landscape Amid Shifting Strategies

AI patent activity in U.S. property and casualty insurance is concentrated among few carriers, highlighting strategic shifts towards generative and agentic AI technologies in underwriting and claims.

Brookfield Targets Niche in Property & Casualty Insurance for Strategic Growth

Brookfield Corp. aims to grow its property and casualty insurance business by focusing on specialized underwriting in real estate construction, warehouses, and renewable power. The firm targets $30B-$50B equity expansion and benefits from U.S. asset sales amid falling interest rates.