Floridians pay 181% more for home insurance than US average – report
How Florida homeowners’ insurance compares to other states Florida’s costs remain far above other states. Oklahoma, the second most expensive,…
Category: Home Loan
The era of cyber insurance repricing has closed, and what replaces it will decide margins
The Insurance Business Cyber LOB Report, “The U.S. Cyber Insurance Market: Evolution of Underwriting, Claims and Strategy,” provides a comprehensive view of the market…
US Treasury sounds alarm on Anthropic AI as experts warn Mythos could accelerate cyber threats
Earlier this week, the Financial Times reported that senior US officials had raised concerns about the cybersecurity implications of a…
Confidence collapses as inflation climbs
The University of Michigan’s preliminary April reading, down from 53.3 in March and below analyst expectations, marks the lowest level…
Growing market complexity and hype
In this edition of Insurance Business TV, we catch up with Jenna Contreras of Allianz Commercial to look at how…
Ninth Circuit dismantles California law protecting insurance risk pools
But even that provision did not survive. Under California’s severability framework, a remaining provision must be grammatically, functionally, and volitionally…
“Industry inside-joke”? Early hurricane forecasts face skepticism despite below-average outlook
The latest outlook from the Colorado State University Tropical Cyclones, Radar, Atmospheric Modeling and Software team estimates 13 named storms,…
Fewer storms expected in 2026 – but insurers still face losses
Where storms may strike and what it means CSU estimates a 32% probability of a major hurricane making landfall along…
Insurance moves: The Hartford, AXIS Capital, Chubb, Euclid Transactional
Changes across distribution, claims and underwriting functions Source link
Hawaii targets fossil fuel companies to recover climate-driven insurance losses
The Hawaii State Senate adopted Senate Resolution No. 111, as amended (S.D. 1), on April 6, 2026. The resolution was…
Progressive sues to deny fatal crash coverage over missing safety tech
It all comes down to a missing safety system and a non-trucking use clause Source link
A ceasefire won’t reopen the insurance market – not yet
Gulf chaos has closed the Strait of Hormuz twice – and only one of those closures is anywhere near resolved…