USAA plans to reduce personal auto insurance rates in Florida by an average of 7% starting in May. The move contrasts sharply with pricing actions elsewhere, as the insurer continued pushing higher ...
Mike Yaworsky, a Florida’s Insurance Commissioner, approved another round of auto insurance rate reductions as Florida moves toward 2026. USAA filed for an average 7% decrease in personal auto rates, ...
Los Angeles Mayor Karen Bass pushed back hard after President Trump signed an executive order meant to accelerate wildfire rebuilding, saying the White House lacks authority over local permitting in ...
Gallagher Re recorded a sharp reset in cyber reinsurance pricing at the 1 January 2026 renewals, with risk-adjusted rates for aggregate excess of loss protection down 32%. The decline shows up in the ...
Sanctions have sharply disrupted Russia’s oil exports, sidelining dozens of tankers and driving up freight and insurance costs, according to Ukraine’s Foreign Intelligence Service. More than 79 ...
Directors & Officers insurance liability delivered its strongest calendar-year loss ratio in more than a decade in 2025, coming in at 50%, even after three consecutive years of declining direct ...
The Prudential Life Insurance Company, and its parent, Prudential Financial, announced a voluntary 90-day suspension of new sales at Prudential of Japan, effective Feb. 9, 2026. The pause in sales is ...
Winter storms swept across a broad stretch of the US over the weekend, delivering heavy snow, ice accumulation, and sustained freezing temperatures. Homeowners, motorists, and businesses now face ...
State Farm Insurance Co. is under fire in federal court over claims it denied or canceled policies using what the plaintiffs call “cheat-and-defeat AI algorithms.” The lawsuit, filed in the U.S.
State Farm is cutting its Florida auto insurance rates again – another 10% on average – marking the fourth rate drop in just a year, according to company spokesperson Michal Brower. Stack all four ...
Insurtech Lemonade trimmed its third-quarter net loss to $37.5 mn, a 45% improvement from $67.7 mn a year earlier, helped by AI-fueled automation that slashed expense ratios and lifted efficiency ...
AM Best Asia-Pacific Managing Director and CEO Rob Curtis said the region’s insurance market is entering a powerful growth phase, driven by modernization, capacity expansion, and the region’s ...