New York legislators aim to join other states in offering pet insurance, with proposed bills focusing on regulatory frameworks and consumer protection.
After a lengthy legal battle, the city of Jackson, Mississippi, is set to receive $10.3 million from Zurich American Insurance for damages from a 2013 hailstorm.
Exploring the tumultuous journey of the P&C industry in 2023 and its potential path towards recovery and innovation in 2024, amidst global and economic uncertainties.
Homeowners insurance affordability declines nationwide, influenced by increased natural disasters and economic factors, with significant state-to-state variations in insurance costs.
Portions of the South are facing the increased threat of severe weather and tornadoes this time of year. We are in the period known as the ‘second tornado season’ for many residents in the south. The American Property Casualty Insurance Association (APCIA) urges residents, particularly across the South and southern Plains to stay vigilant.
Ten states -- Louisiana, Florida, Idaho, Kentucky, Mississippi, Montana, North Dakota, South Carolina, Texas, and Virginia -- as well as additional plaintiffs, are suing the Federal Emergency Management Agency (FEMA) over its new methodology for pricing flood insurance, Risk Rating 2.0.
Florida and other states are trying to fend off an attempt by the Biden administration to end a lawsuit challenging changes to the National Flood Insurance Program that have led to higher premiums for many property owners.
Ten states and dozens of municipalities are suing the Biden administration over rate hikes in the National Flood Insurance Program. That program offers coverage in high-risk flood areas and is administered by FEMA, the Federal Emergency Management Agency.
The Mississippi state insurance department has reported that insurance losses from the March tornado that swept through parts of Mississippi have reached nearly $100 million, with uninsured losses expected to surpass this figure.
Parts of the Midwest and South devastated by catastrophic tornadoes will have almost no time to recover before another round of dangerous storms takes aim at hard-hit areas.
An EF4 tornado tore through the western Mississippi town of Rolling Fork on Friday night, causing total destruction as it ripped through the small, tight-knit community. The outbreak of storms left at least 26 dead across the Southeast, and communities face a lengthy road to recovery.