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...
Secondary Perils Drive Global Insured Losses to Estimated $123B in 2023: Gallagher Re
Majority of Underwriters Predict Cyber Risks Grow ‘Greatly’ in 2024: Survey
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
Fatal Hot Air Balloon Crash in Arizona May Be Linked to Faulty ‘Envelope’
An "unspecified problem" with the balloon portion of a hot air balloon may have led to...
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
Inszone Acquires Texas’ Dina King Insurance
Inszone Insurance Services has announced the acquisition of Dina King Insurance. This...
Midwest News
Illinois Manufacturer Faces in $298K Penalties for Safety Machine Violations
An Illinois manufacturer faces $298,000 in penalties after an investigation by the U.S....