Montague, MA Approves FY26 Tax Rates Amid Rising Property Values and Insurance Costs

Montague, MA Selectboard approves FY26 residential and commercial tax rates reflecting increased property values and rising health insurance costs, with focus on balancing small business and residential tax burdens.

Climate Risks Challenge Retirement Planning as Homeowner Insurance Costs Surge

A new study reveals one in four Americans rank extreme weather and rising insurance costs among top retirement risks, while many lack proper financial strategies. Rising homeowner insurance premiums reflect increasing climate-related claims, affecting coverage and affordability. Experts urge integrated planning for these emerging risks.

Florida Insurance Reforms Drive Market Stability Amid Ongoing Challenges

Florida's property insurance reforms are fostering market stability while addressing litigation, accountability, and claims handling to strengthen the sector.

Senators Urge FHFA to Reverse Replacement Cost Insurance Mandate on Mortgages

U.S. Senators call on FHFA to rescind 2024 mandate requiring replacement cost homeowners insurance for federally-backed mortgages, citing affordability and market diversity concerns.

Mitsui Sumitomo Acquires Stake in W. R. Berkley, Strengthening U.S. P&C Ties

Mitsui Sumitomo Insurance acquires 12.5% stake in W. R. Berkley, reinforcing ties in the U.S. P&C insurance market with governance collaboration and standstill agreements.

Financial Strategies for Navigating Today's Economy by Freedom Financial CEO

Expert financial tips from Freedom Financial CEO Chris Fehr provide actionable strategies for navigating challenges in the current economic environment relevant to insurance and financial professionals.

One Inc and Benekiva Partner to Deliver Fully Digital Claims Payments

One Inc partners with Benekiva to provide insurance carriers a fully digital claims payment solution, replacing checks with digital disbursements for faster, compliant claims management.

Oklahoma Attorney General Takes Legal Action Against State Farm Over Homeowners Insurance Claims

Oklahoma Attorney General initiates legal action against State Farm for alleged fraudulent homeowners insurance claim practices, challenging insurer market conduct and compliance.

Idaho Homeowners Insurance Crisis and Legislative Challenges Ahead

Idaho faces a growing homeowners insurance crisis with Valley County land use decisions and a looming state budget shortfall ahead of the 2026 legislature session. Key insurance and regulatory challenges impact the local market.

Oklahoma AG Joins Lawsuit Against State Farm Over Alleged Storm Damage Claim Denials

Oklahoma Attorney General joins homeowners in lawsuit accusing State Farm of unfairly denying hail damage claims amid rising premiums and regulatory concerns.