HomeInsurance

Insurance

DEPARTMENT OF INSURANCE, CONSUMER WATCHDOG AND STATE FARM REACH SETTLEMENT AGREEMENT ON STATE FARM’S PRIOR EMERGENCY INTERIM RATE REQUEST – Insurance News

The following information was released by the California Department of Insurance: Three-party agreement now pending formal review by Administrative Law Judge SACRAMENTO, Calif. The California Department of Insurance, Consumer Watchdog, and State Farm General Insurance Company today reached a three-party settlement agreement in the...

San Diego schools can bill insurance for wellness services – NBC 7 San Diego

Everyone at Mission Bay High School knows wellness center coordinator Gloria Cota. When students are stressed, anxious or grieving, they come to her. “They're telling me, ‘I can't breathe. I lock up. I can't focus. It's fog,’ and it is just a trend slowly...

US claims market enters 2026 with CAT pressure, digitization and cost squeeze – Crawford

The analysis notes that a growing proportion of insurance buyers now consider an insurer's claims reputation before placing business, meaning the ... Source link

Florida Property Insurance Assessment Scheduled to End Early in 2026 – ProgramBusiness

A temporary assessment applied to Florida property insurance policies will end two years earlier than originally scheduled. The Florida Insurance Guaranty Association voted to terminate the charge, which officials say could save policyholders across the state approximately $650 million. The 1% emergency assessment was...

Primary Carrier’s Insolvency Triggers Excess Carrier’s Obligation

A waterworks products company facing asbestos claims is entitled to tap its Chubb excess insurance policy because its primary insurance has been “exhausted” as a result of the primary carrier’s insolvency and its inability to...