Dueling Regulators: Florida OIR Slams DFS in Effort to Combine Agency Insurance Oversight. DFS Pushed Back. April 21, 2025 In a March memo to lawmakers, Florida’s Office of Insurance Regulation sharply criticized the state’s rather unique two-agency insurance regulatory...
Soft D&O Market May Come to an End as Risk Complexities Rise April 21, 2025 By Chad Hemenway Buyers of directors and officers (D&O) liability insurance have benefited from strong capacity and healthy competition among insurers to see...
California Plumbing Contractor Ordered to Pay $1M for Workers’ Comp Fraud April 21, 2025 A plumbing contractor has been ordered to pay $1 million in restitution to the State Compensation Insurance Fund as part...
Insurance Research Council Finds Personal Auto Insurance Affordability Better Than in the 2000s April 21, 2025 According to a new report from the Insurance Research Council, auto insurance is more affordable now than at the start...
Delivery Company Must Repay $2M for Workers’ Comp Scheme April 21, 2025 A Los Angeles, California, couple was sentenced after an investigation reportedly found they underreported more than $21 million in employee...
Tariffs Will Lead to 2M Fewer Auto Sales in US This Year, Firm Forecasts April 21, 2025 By Kalea Hall and Nora Eckert U.S. and Canada auto sales could decline by 1.8 million vehicles this year and be stagnant over the next decade...
AccuWeather: Severe Storms in Central US Cause $80-$90B in Damages, Economic Loss April 21, 2025 A multiday severe weather outbreak in the central U.S. caused an estimated $80 billion to $90 billion in total damage...
Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube Report April 21, 2025 Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these...
Gen AI Is Shaking Up Underwriting, but Can It Replace Human Judgment? April 21, 2025 By Elizabeth Blosfield Artificial intelligence technology has continued to evolve, and it’s affecting many areas of insurance from claims to underwriting to customer...
Revisiting California’s Wildfires: A Personal Journey April 21, 2025 By Russ Banham PART TWO OF A TWO-PART SERIES In this second article in a two-part series, Journalist Russ Banham endeavors to better...