Insurance News from January 07, 2025
National News
MarketScout: 2024 Composite Personal Lines Rates Up 5.8%; Commercial Rates Up 3.8%
According to the MarketScout Market Barometer, the composite rate for U.S. personal...
International & Reinsurance News
Reinsurance Buyers With Good Portfolio Stories See Better Renewal Outcomes: Brokers
Reinsurance buyers generally found ample capacity during the January renewals as well...
East News
Massachusetts High Court Upholds $20 Million Verdict Over Leg Amputation
The Massachusetts Supreme Judicial Court has upheld a $20 million jury award in a...
West News
Exxon Sues California AG, Environmental Groups Over ‘Smear’
Exxon Mobil Corp. filed a lawsuit alleging that California Attorney General Rob Bonta...
Southeast News
Did Florida Appeals Court Put the Final Nail in the AOB Coffin? Maybe
Almost five years after Florida lawmakers clamped restrictions on...
Texas / South Central News
Earthquakes and Blowouts Undermine Case for Carbon Storage in Texas
Texas has seen surging interest from companies hoping to bury carbon dioxide in its...
Midwest News
Winter Storm Brings Heaviest Snowfall in a Decade to Central US
A blast of snow, ice, wind and plunging temperatures stirred up dangerous travel...