Michigan Court of Appeals rules a parked, unoccupied vehicle struck in an accident is not liable for property protection insurance benefits under no-fault law. The decision affects insurer responsibilities and subrogation claims.
California's Assembly Bill 238 requires mortgage servicers to offer up to 12 months of forbearance to homeowners impacted by the 2025 LA wildfires, providing critical foreclosure protection and financial relief.
Beneva accelerates its auto insurance digital capabilities by transitioning product definitions to Guidewire's Advanced Product Designer (APD), enabling faster digital delivery and business user flexibility. The insurer, in partnership with GFT, completed the conversion in eight weeks, setting a benchmark in insurance product modernization.
Italian insurance firms face renewed tax audits and possible 2026 law changes impacting Insurance Premium Tax rates on motor-related policies, challenging long-standing tax treatment.
Louisiana Insurance Commissioner approves State Farm's 5.9% auto insurance rate decrease and 9.7% homeowners insurance increase, highlighting shifts in loss experience and hurricane risk modeling.
A federal judge blocks the Trump administration from reducing FEMA's pre-disaster mitigation funding, citing the need for Congressional approval, impacting disaster preparedness funding policies.
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.
New York faces rising homeowners insurance premiums as insurers report higher profits amid extreme weather impacts nationwide, influencing coverage and costs.
The U.S. property/casualty insurance sector achieved a $35 billion underwriting gain in the first nine months of 2025, driven by lower catastrophe losses and premium growth, with a combined ratio improvement to 94.0.
The T-Mobile Visa Card delivers robust rewards and T-Mobile bill discounts but lacks the increasingly common cell phone insurance benefit, offering strategic insights for insurance and finance professionals.
