Colorado Launches FAIR Plan for Homeowners Insurance

Discover Colorado's new FAIR Plan for homeowners insurance, designed as a last-resort option for those declined by standard insurers. Get details on coverage and eligibility.

Liberty Mutual Appoints Timothy Sweeney as Chairman

Timothy Sweeney has been appointed chairman of Liberty Mutual Holdings, marking a pivotal leadership shift as the company consolidates its personal lines under one brand.

Impact of Recent Economic Trends on U.S. Insurers

Explore how economic trends like climate change and rate cuts are impacting U.S. insurers such as Berkshire Hathaway and Chubb Limited, along with M&A prospects for 2025.

Skyward Specialty Insurance Announces Q1 2025 Earnings Release

Skyward Specialty Insurance Group announces the schedule for Q1 2025 earnings release, showcasing transparency and performance in the specialty insurance sector.

Florida Considers Major Shift in Auto Insurance Policy with Proposed Repeal of No-fault Law

The Florida House is reviewing a bill that could repeal the state's no-fault auto insurance law, potentially raising premiums and increasing litigation. Stakeholders express concerns over market stability and affordability.

US Coastal Insurers Launch $310M Cat Bond for Storm Coverage

US Coastal Insurance companies launch a $310M catastrophe bond, Chartwell Re, to enhance storm damage coverage and financial resilience amid climate change.

The Hanover and Hagerty Team Up for New Collector Car Insurance

The Hanover Insurance Group partners with Hagerty to launch Hanover Collector Car, a new insurance coverage for classic and collector vehicles, currently available in Michigan and Illinois.

Minnesota Proposes Lifeline Insurance Program for Low-Income Drivers

Minnesota's Lifeline Insurance Program aims to provide affordable auto insurance for low-income residents, enhancing mobility and equity.

State Farm Seeks Rate Increase After LA Wildfires

State Farm is requesting a 17% insurance rate increase following wildfires in Los Angeles, aiming to improve its financial condition amid a challenging insurance market in California.

Consumer Group Fights State Farm's Proposed Rate Hike in California

Consumer Watchdog challenges State Farm's rate hike proposal in California, advocating for consumer protection against unjustified insurance premiums.