Tag: Property Insurance

Low-Income California Homeowners Face Higher Property Insurance Cost Burdens in 2023

Low-income homeowners in California spent a larger share of their income on property insurance in 2023 amid wildfire risks and regulatory shifts, raising affordability concerns and highlighting the need for adaptive housing policies.

Texas Court Affirms Insurance Coverage Limits and Insurer No-Duty Rule

Texas court confirms insurer's no-duty to advise on coverage adequacy, upholding policy limits in property insurance fire damage case.

Chubb Names Aaron Shead EVP, Head of Property for Overseas Insurance

Chubb appoints Aaron Shead as EVP, Head of Property for its international insurance operations, focusing on fire, terrorism, power, and energy insurance portfolios to drive growth.

Georgia’s 2026 Insurance and Regulatory Laws Enhance Consumer Protections

Georgia's 2026 laws introduce increased homeowners insurance protections, health insurance digital service mandates, and shifts in behavioral health oversight impacting insurance compliance and consumer protections.

Oklahoma AG Sues State Farm Over Alleged Denial of Hail Damage Claims

Oklahoma Attorney General files lawsuit accusing State Farm of coordinated hail damage claim denials amid regulatory scrutiny and ongoing market investigations into insurance practices.

PCB Manufacturer Insurance Market Set for Robust Growth to 2034

Explore the growing PCB manufacturer insurance market, driven by electronic industry demand and regulatory complexity. Key players, market trends, risks, and growth opportunities analyzed.

Oklahoma AG Moves to Intervene in State Farm Roof Claims Litigation

Oklahoma Attorney General intervenes in lawsuit against State Farm alleging coordinated efforts to reduce valid roof-related insurance claim payouts. Case underscores regulatory focus on insurer claims practices.

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.

Florida Insurance Reforms Show Market Gains Amid New Competition, Rate Stabilization

Florida's recent insurance reforms are leading to increased competition, market stabilization, and rate decreases, with Attorney General Uthmeier emphasizing responsible industry behavior to sustain progress.

Florida Insurance Reforms Drive Market Stability Amid Litigation and AI Oversight

Florida’s property insurance reforms have reduced litigation by 30%, increased insurer accountability, and introduced regulatory plans for AI oversight, driving market stability despite ongoing challenges.