Insurance News from January 18, 2024
National News
10 Largest Auto Insurers Each Raised Rates by Double Digits in 2023
According to S&P Global Market Intelligence's RateWatch, Farmers Insurance...
Majority of Underwriters Predict Cyber Risks Grow ‘Greatly’ in 2024: Survey
Secondary Perils Drive Global Insured Losses to Estimated $123B in 2023: Gallagher Re
Fishing Fee Case May Lead Supreme Court to Limit US Agency Powers
Viewpoint: The Time to Modernize Building Codes, Protect Communities Is Now
International & Reinsurance News
Secondary Perils Drive Global Insured Losses to Estimated $123B in 2023: Gallagher Re
Non-peak (secondary) perils and record-setting weather and climate events drove global...
East News
Insurer Blocked From Rescinding Policy After Fire Claim Due to ‘Extra’ Apartment
New York City housing is often jammed into tight spaces. Old houses are carved into...
West News
Lawsuit over California Group’s Do-Not-Eat Listing for American Lobster Dismissed
A California court has dismissed a lawsuit from a group of fishermen against a...
Southeast News
State Farm Owes $2.6M to Florida, Court Says in Reading of ‘Dense’ Tax Code
State Farm Insurance and its subsidiaries owe the state of Florida more than $2.6...
Texas / South Central News
Deep Freeze Across South Central US Forces LNG Exporters to Cancel, Delay Cargoes
The recent freeze across Texas and Louisiana disrupted scheduled exports of US...
Midwest News
Iowa Man Sentenced for Disaster-Related Insurance Fraud
An Iowa man was sentence last week to 21 months in prison after pleading guilty to...