NJ Flash Floods Trigger Surge in Insurance Claims Amid Rising Premiums
New Jersey flash flooding leads to a surge in homeowners insurance claims and rising premiums, with increased policy non-renewals impacting flood-prone areas.
New Jersey flash flooding leads to a surge in homeowners insurance claims and rising premiums, with increased policy non-renewals impacting flood-prone areas.
Explore key developments in U.S. state-level disaster funding disputes, infrastructure maintenance shortfalls, insurance premium trends, and regulatory actions shaping 2025's insurance and political landscape.
The Consumer Federation of America urges Montana lawmakers to conduct a full study on rising property insurance costs, causes, and solutions affecting all market segments including renters and mobile homes.
TWIA committee recommends maintaining current Texas coastal property insurance rates despite analysis showing rates below recommended levels, citing improved financial outlook from recent state legislation.
Mercury Insurance shares expert tips to help homeowners prepare for the 2025 hail season, emphasizing roof reinforcement, outdoor item security, and policy review to minimize property damage and insurance claims.
Travelers reported Q2 2025 revenue growth of 7.4% with GAAP EPS surpassing estimates by 76.6%. Mixed results reflect strong underwriting and investment income, plus moderate net premiums growth.
Guidewire includes AI-powered risk assessment startup nettle in Insurtech Vanguards program to enhance commercial underwriting efficiency and address talent shortages in P&C insurance.
Kentucky's 2023 legislation enhances insurance innovation, consumer protections, and financial sector regulations, including expanded insurance sandboxes and improved health and automobile insurance standards.
Explore how Marsh & McLennan Companies leverages diversification and acquisitions to maintain growth and profitability amid softening insurance pricing and rising liability costs.
HDFC Life posts 17% growth in individual premiums and expands market share in FY25 as India's life insurance sector shows resilience with rising premiums and evolving distribution strategies.