Tampa-based insurer TRUE is seeking approval for a 31% rate hike in homeowners’ insurance premiums, citing rising reinsurance costs and financial strain from past hurricanes. The request, now under regulatory review, would raise average annual premiums by $1,357 and...

Kansas could lose $3.77 billion in Medicaid funding over the next decade under Trump’s proposed “One Big Beautiful Bill,” potentially stripping health insurance from 13,000 residents and threatening the survival of rural hospitals. A new analysis by Manatt Health,...

Moody’s Ratings says insured losses may grow in 2025, fueled by hurricanes and inflation driving up the cost of repairs, labor, and materials. With forecasts predicting above-average storm activity, the 2025 season poses increased financial exposure for insurers and...

Homeowners across northeastern North Carolina will see insurance rate hikes starting this month after a settlement was reached between insurers and state regulators.  The increases include: Territory 110 (Carova to Ocracoke) rising 5.1% this month and 4.8% in...

As Louisiana enters the 2025 hurricane season, lawmakers are weighing a bill that would let insurers offer discounted “arbitration-only” policies, preventing policyholders from suing in disputes. While supporters say it gives consumers more choices, insurance agents...

Homeowners affected by the Jan. 7 wildfires in Los Angeles County are suing USAA and two AAA-related insurers, alleging they were systematically underinsured and left without enough money to rebuild their houses. Anchoring their claims in fraud, negligence, breach of...