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This Month's Most Read Insurance News

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  1. 1
    August 7, 2023
    Massive Citizens Takeout Plan Seen as Sign That Things Are Looking Up in Florida Market
    Stakeholders near and far are hailing a near-record number of takeouts from Citizens’ Property Insurance Corp. as a sign that the troubled...
  2. 2
    July 31, 2023
    Florida Citizens' Board Approves $36M for New and Improved Clearinghouse Platform
    Florida insurance agents will soon be able to access a new online clearinghouse platform designed to make it easier to steer policyholders away...
  3. 3
    July 24, 2023
    Farmers Forced to Rescind Thousands of Nonrenewal Notices in Georgia
    About the same time that it announced a major pull-back from the Florida and California markets, Famers Insurance also sent thousands of nonrenewal...
  4. 4
    July 12, 2023
    Agent's Failure to Disclose Dog Comes Back to Bite Homeowner
    A Connecticut homeowner who is being sued by a woman who alleges his dog bit her in the face is not entitled to insurance coverage because his home...
  5. 5
    August 2, 2023
    Ray of Sunshine: Florida Insurers Show Profit as Citizens Takeouts Rise – S&P Global
    Republished from S&P Global Market Intelligence For the first time in three years, Florida’s struggling domestic residential property...
  6. 6
    August 1, 2023
    Allstate Records $2.7B Net Catastrophe Hit on Way to Q2 Loss of $1.4B
    Allstate Corp. reported net catastrophe losses of $2.7 billion in the second quarter, resulting in a net loss for the period of $1.4 billion as...
  7. 7
    July 17, 2023
    Liberty Mutual Announces Organizational Changes, Leading to 370 US Job Losses
    Liberty Mutual Insurance announced major organizational changes and executive leadership appointments, which are aimed at enhancing its personal...
  8. 8
    July 27, 2023
    Allstate Loses $17M NC Job Incentive Plan Due to So Many Remote Workers
    Allstate Insurance is no longer eligible for one of the largest incentive packages from the state of North Carolina, created when Allstate pledged...
  9. 9
    August 2, 2023
    No Duty to Defend Doesn't Mean No Duty to Indemnify, Federal Appeals Court Finds
    A federal appeals court has clarified, at least under the realm of Texas law, when an insurer has a duty to indemnify – even if it has no duty to...
  10. 10
    August 8, 2023
    Kemper Exits Preferred Home and Auto Business Immediately
    As it reported a net loss in the second quarter of about $97 million, Kemper Corp. said Monday that it is exiting the preferred home and auto...

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