Is a Federal Reinsurance Backstop the Answer to Home Insurance Challenges? March 19, 2026 By Chad Hemenway The Brookings Institution’s Hamilton Project has released a proposal for a federal reinsurance backstop called US Re to leverage federal...
South Dakota Considering Bill APCIA Says Could Increase Auto Insurance Costs February 24, 2026 The South Dakota Legislature is considering a bill that would establish a statutory 75% minimum damage threshold for declaring a...
California Department of Insurance Moves Modeling Regulation Proposal Forward November 19, 2024 The California Department of Insurance has submitted its final wildfire catastrophe modeling regulation to the Office of Administrative Law for...
Study Stirs Debate on Real Impact of Litigation, Fraud on Property Insurance September 12, 2024 By William Rabb An academic paper published in the Journal of Insurance Regulation seems to have rekindled the debate over how much of...
Most Americans Want Legal Reforms Against Practices Like Litigation Funding: Survey March 6, 2024 By Chad Hemenway A majority of Americans are unaware of third-party litigation funding but most believe state and federal laws should be changed...
Litigation Abuse, Regulation, Hard Market Among Insurance Trades’ Priorities for 2024 December 27, 2023 By Chad Hemenway Insurance trade organizations are always working for the industry so Insurance Journal asked them: What are the top priorities and/or...
A First Look at How U.S. Insurers Are Adopting Global Climate Reporting Guidelines July 25, 2023 By Don Jergler U.S. insurers are adopting numerous strategies to deal with risks from climate change, according to a review out today that...
Farmers Limits New Homeowners Policies in California, Prompting Insurer Group to Call for Reform July 7, 2023 Farmers will limit new homeowners insurance policies in California, according to a statement issued by the carrier that follows a...
State Farm Stops Taking New Applications for Business, Personal Lines P/C in California May 27, 2023 An insurer group was quick to respond over the weekend after State Farm announced it will cease accepting new applications...
Illinois and Indiana Latest States to Address Public Adjuster Reforms May 18, 2023 Illinois became the latest state to pass public adjuster reform legislation when the Illinois Public Adjuster bill (SB 1495) passed...