Most Popular Carriers Headlines This Year
The most viewed headlines from our Carriers Topic Page over the last year.
#1 Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?
Jan 16 2025 // There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash on hand to pay for its share of wildfire claims. As surplus is inadequate and reinsurance has a...
#2 Update: Re/Insurer Losses From LA Wildfires Expected to Be Significant but Manageable
Jan 10 2025 // Insurers are facing significant losses from the catastrophic Los Angeles wildfires — given the high value of homes and businesses in the affected communities. However, those losses are likely to be manageable for...
#3 Insurers Escape Coverage for Parents Accused of Hiding Son’s Murder Weapon
Feb 14 2025 // A Pennsylvania husband and wife are not covered by their homeowners or personal umbrella insurance policies for claims they inflicted emotional distress by hiding the gun their son used to kill a friend and thus delaying...
#4 S&P Reveals Top 50 Largest P/C Insurers
Oct 25 2024 // As the third-fastest growing company on a list of the world’s top 50 largest insurers, State Farm Mutual Automobile Insurance Co. continued to rank No. 1, according to research S&P Global Market...
#5 After Florida Report, Georgia Senator Wants Investigation into MGAs, Insurer Profits
Mar 19 2025 // Concerns about Florida-based insurance carriers masking profits with the help of affiliated companies has spilled across the border into Georgia, with one state senator calling for an investigation. Sen. Nabilah Islam...
#6 Why Homeowners Insurers Are Unprofitable and What To Do About It: Aon
Oct 8 2024 // A new report from insurance broker Aon reveals that the prospective return on equity (ROE) for diversified homeowners insurance carriers decreased by 100 basis points to 5.0% from last year’s ROE, despite carriers...
#7 USAA Becomes 3rd Insurer to Report $1B-Plus in Claims So Far for LA Wildfires
Feb 5 2025 // USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report $1 billion or more in payouts for the destructive blazes that burned thousands of properties. The company, which...
#8 Insurer, Contractors Allege Staged Injury Claims Scheme Under New York Scaffold Law
Nov 19 2024 // A construction industry captive insurer along with three construction contractors have filed a lawsuit alleging a massive New York fraud scheme involving staged workplace accidents and bogus workers’ compensation and...
#9 Another Insurer — Philadelphia Insurance — Reports Network Outage
Jun 11 2025 // Philadelphia Insurance Co. is currently experiencing a network outage that is affecting its systems. This outage has knocked out the insurer’s phone and email systems, as well as customer access to online...
#10 Allstate Insurers Sue Hyundai, Kia to Pay for Claims From Defective Cars
Nov 14 2024 // A group of subsidiaries of Allstate have filed a subrogation suit against Hyundai and Kia to get back costs paid to insureds for damages when their cars suddenly erupted in flames. According to the lawsuit, now in U.S....
#11 California Approves FAIR Plan Request to Assess Insurers $1B for Wildfire Claims
Feb 11 2025 // California Insurance Commissioner Ricardo Lara approved a California FAIR Plan request for a $1 billion assessment on admitted market insurers to cover claims from the Los Angeles wildfires. The FAIR Plan reported it has...
#12 Update: Florida CFO Bars Insurers From Altering Adjusters’ Reports Without Explanation
Oct 10 2024 // Almost two years after a group of independent claims adjusters alleged that insurers had deceptively altered their damage estimates and low-balled policyholders, Florida’s chief financial officer has issued an...
#13 Mangrove, Another New Property Insurer, Enters Florida Market
Jan 27 2025 // Itasca Re chairman Stephen Weinstein has launched a new Florida-domiciled insurance carrier, known as Mangrove Property Insurance, with plans to assume thousands of policies from Citizens Property Insurance Corp. Mangrove,...
#14 Two More Insurers Enter Florida Market as Hurricane Season Warms Up
Jun 30 2025 // Two more property insurers have put their toes in the Florida market this summer, bringing to 14 the number of new carriers in the state since 2023. It’s another sign that legislative discouragement of claims...
#15 Homeowners Suing USAA and AAA Insurers Over LA Wildfires
Jun 6 2025 // Some homeowners who lost their homes in the Los Angeles wildfires have filed lawsuits against three large insurers over claims payouts they say didn’t cover their losses. The lawsuits were filed in Los Angeles County...
#16 Los Angeles Fires Become Existential Test for California’s Stopgap Insurer
Jan 9 2025 // The conflagrations tearing across Los Angeles are on track to be among the most expensive wildfire disasters in U.S. history, draining insurance coffers and threatening California’s massive state-sponsored insurance...
#17 AM Best Report Cites MGA’s Role in Insurer Insolvencies
Dec 18 2024 // This story has been edited for clarity. In May of 2022, as Florida lawmakers debated solutions to the Florida property insurance crisis, a number of Democrats in the state Senate argued litigation and roof claims were not...
#18 Father, Two Sons Charged With Defrauding North Carolina Insurer of Last Resort
Jun 23 2025 // North Carolina authorities have charged a 65-year-old man and his two sons with insurance fraud for allegedly submitting false and exaggerated claims to one of the state’s property insurers of last resort. William...
#19 Mixed Bag: What Trump 2.0 Tariffs, DOGE Activities Mean For Insurers
Jan 2 2025 // Setting aside the populist flavor of his campaign rhetoric, Donald J. Trump’s previous service as the nation’s 45th president presents a remarkable opportunity to make educated guesses about the impact of his...
#20 Insurer Not Liable if Bank Improperly Cashes Insurance Check, Appeals Court Finds
Nov 1 2024 // Insurance carriers are not responsible if a bank improperly cashes a check made out to two insureds and gives the proceeds to only one of them, a federal appeals court decided this week. The U.S. 11th Circuit Court of...
