State Farm Appeals to Illinois Governor Over Insurance Rate Legislation
State Farm's CEO voices concerns to Illinois Governor over HB 3799, legislation that may impact homeowners' insurance rates and market dynamics.
Florida Insurance Market Faces Legislative Changes with House Bill 909
Discover how House Bill 909 affects Florida's insurance market, from rate hikes to flood insurance changes. Stay informed with our expert insights!
Florida Lawmakers Propose Multi-State Risk Pool to Address Home Insurance Crisis
Florida lawmakers introduce bills for a multi-state risk pool to stabilize home insurance rates and improve catastrophe risk management amid rising natural disaster losses.
Massachusetts Moves to Shift Car Rental Insurance Liability to Renters
Massachusetts legislators approve bills to shift primary rental car insurance liability to renters' personal auto policies, aiming to reduce rental costs by removing insurance cost burdens from rental companies.
APCIA Supports Federal Bills Targeting Legal System Abuse to Reduce Insurance Costs
APCIA endorses federal bills addressing legal system abuses and third-party litigation funding to curb rising insurance costs and promote market innovation.
Illinois Proposes Legislation to Ban Cost Shifting in Insurance Rates
Illinois Senator Michael E. Hastings proposes legislation to prohibit insurance cost shifting and ensure premiums reflect local risks, enhancing fairness and transparency in insurance rates.
Colorado Allocates $100M to Counteract ACA Tax Credit Expiry Impact
Colorado enacts $100 million state funding to limit premium hikes after ACA enhanced tax credits expire, emphasizing reinsurance and federal subsidy roles.
Colorado Adjusts 2026 Individual Market Rates Amid New State Funding and Federal Subsidy Uncertainty
Colorado mandates insurers to revise 2026 individual market rates factoring in new state funding amid federal subsidy expiration risks, moderating premium hikes.
Florida Homeowners Insurance Rates Largely Rise Despite Market Reforms and New Entrants
Majority of Florida homeowners continue to face rising insurance premiums despite recent legal reforms and new market insurers. Data from state regulators shows ongoing rate pressures amid inflation and market restructuring.
Illinois Launches Campaign to Address Discriminatory Auto Insurance Pricing
Illinois Secretary of State launches 'Driving Change' campaign targeting socioeconomic biases in auto insurance rates. Legislation seeks to enhance transparency and rate review.