Days after a major insurance provider announced it was pulling out of Florida due to environmental risks, State Farm Insurance announced Thursday it is recommitting itself to the residents of the state, NewsNation has learned.

In response to the State of Emergency declared by Governor Phil Scott on July 9, the Vermont Department of Financial Regulation has announced a measure to allow property and casualty insurance carriers to utilize individual adjusters who are not licensed in Vermont.

Missouri Governor Mike Parson took a significant step in enhancing road safety last week by signing a bill that officially makes Missouri the 49th state to prohibit texting while driving.

Rhode Island Gov. Daniel McKee has signed legislation amending the state's Unfair Claims Practices Act to change the definition of unfair claims settlement practices by insurers and motor vehicle damage appraisers.

A bipartisan proposal has been put forth by U.S. Congressmen Garret Graves, Henry Cuellar, and Mike Bost with the aim of criminalizing intentional collisions with motor carriers at the federal level. Named the Highway Accident Fairness Act of 2023, this legislation seeks to address the issue of fraudulent lawsuits, decrease car insurance rates, and enhance road safety.

New Jersey resident Anna 'Cuqui' Rivera, a high school graduate who works as a labor and civil rights activist and moonlights as a DJ, was paying almost $3,000 annually for auto insurance with one of the big companies. Now, she pays almost $2,000 less for coverage on her 2016 Jeep.

The U.S. Federal Deposit Insurance Corporation (FDIC) has warned the OKCoin exchange over fake insurance claims on its advertising materials and social media.

In its 2023 report on trends in directors & officers (D&O) liability insurance policies, Allianz Global Corporate & Specialty highlighted risks associated with evolving ESG regulation and the increasing pace of climate change litigation. According to the report, "companies continue to see pressure around ESG issues as regulations are implemented around the world.

Property insurance companies will no longer be allowed to prevent their policyholders from hiring public adjusters.

The National Highway Traffic Safety Administration (NHTSA) said in a letter to major automakers they must comply with a federal vehicle safety law and not with a state law that requires open remote access to vehicle telematics and vehicle-generated data.

As property insurers flee California, a state riven by billion-dollar wildfires, mudslides, and the ever-present threat of a catastrophic earthquake, state lawmakers on Wednesday will take up the complex but necessary issue of how to convince the carriers to stay.

The National Highway Traffic Safety Administration (NHTSA) should reconsider its dramatic underestimate of the number of lives that could be saved by requiring side underride guards for large trucks, the Insurance Institute for Highway Safety said in a recent regulatory comment.

Insurers in Texas can no longer account for environmental, social or governance criteria when setting rates for almost all forms of insurance under a bill passed by the Legislature last month.

The idea has been floated for years, and it may seem straightforward enough: if gun owners were required to purchase liability insurance, proponents argue, they would have to follow safe practices to limit their financial and legal risk, thus reducing incidents of gun violence.

The Florida Office of Insurance Regulation held a hearing in Tallahassee on whether to approve Citizens Property Insurance's recommended rate increase.

If approved, this means that those under the policy would see a statewide average rate increase of about 14%.