Alaska lawmakers are considering creating the nation’s only state-run flood insurance program as the Trump administration weighs shrinking or eliminating FEMA. Senate Bill 11, sponsored by Sen. Bert Stedman, would establish an Alaska flood authority and insurance fund...

Florida’s Office of Insurance Regulation has approved a 31.5% average homeowners rate increase for Trusted Resource Underwriters Exchange, one of the state’s largest hikes in two years. Officials said the insurer is playing “catch-up” after missing adequate rate...

New Mexico Sens. Martin Heinrich and Tim Sheehy have introduced the bipartisan Wildfire Insurance Coverage Study Act, directing the Government Accountability Office to examine how worsening wildfires impact homeowners’ access to insurance. The legislation comes amid...

State Farm is set to raise Illinois homeowners insurance rates by 27% starting August 15, citing inflation, rising repair costs, and $638 million in hail damage claims last year. Governor JB Pritzker and the Illinois Department of Insurance are pushing back, demanding...

Twenty-one states are suing the Trump administration over a new rule they say will make it harder for Americans to access private health insurance under the Affordable Care Act. Set to take effect in August, the rule shortens...

Louisiana insurers will soon be required to disclose the prior policy premium when issuing a renewal policy to a policyholder under House Bill 148, a controversial new law aimed at curbing “excessive” rate hikes. Insurance Commissioner Tim Temple has begun the...

Florida Sens. Rick Scott and Ashley Moody introduced the Flood Insurance Relief Act, which would provide a nonrefundable tax deduction on flood insurance premiums paid through the National Flood Insurance Program or private insurers. The measure is part of Scott’s...