News
Two SE Commissioners Warn Insurers About Claims Denials, Policy Cancellations
4+ hour, 45+ min ago (303+ words) Following severe winter storms that swept across the South early this week, Commissioner Carter Lawrence and Tennessee Attorney General Jonathan Skrmetti urged carriers to "fulfill their contractual and legal obligations." "If any company should fail to do right by its…...
Florida Senate President Says No Major Insurance Changes This Year. Committee Advances 5 'Minor' Ones
13+ hour, 7+ min ago (221+ words) Three weeks into the 2026 Florida legislative session, with bill deadlines approaching, Florida Senate President Ben Albritton said Wednesday that he expects no major changes to Florida's property insurance laws this year. Albritton, a citrus farmer, does expect Florida property insurers…...
AIG, Chubb Can't Use 'Bump-Up' Provision in D&O Policy to Avoid Coverage
3+ day, 3+ hour ago (427+ words) A state high court has ruled subsidiaries of American International Group (AIG) and Chubb cannot use the so-called "bump-up" exclusion in denying coverage for a settlement in a securities lawsuit. A final approval on a $28 million settlement was reached in…...
Do New Yorkers Pay Too Much for Auto Insurance?
1+ week, 2+ day ago (328+ words) New York households paid an estimated $1,935 on average for personal auto insurance in 2024, according to a report by the industry's Insurance Information Institute (Triple I). This was an increase from $1,753 in 2023. Triple I further estimates that New Yorkers spent 2.23% of the…...
New Jersey Announces $16 Million More in Medical Debt Relief
1+ week, 6+ day ago (243+ words) In the state's seventh round of medical debt relief, outgoing Governor Phil Murphy announced that nearly 14,000 New Jersey residents will see almost $16 million in medical bills abolished. The relief is a result of the state's ongoing partnership with national nonprofit…...
Pennsylvania Blocked $227.9 Million in P/C Insurance Hikes in 2025, Says Regulator
2+ week, 2+ hour ago (147+ words) The Pennsylvania Insurance Department (PID) said it saved residents $227.9 million by blocking proposed property/casualty insurance premium increases from taking effect in 2025. Through the rate review process in 2025, PID reported that its review of property/casualty (P/C) rate filings saved…...
Viewpoint: Inside the Machinery of Medical Abuse in Liability Claims
2+ week, 1+ day ago (312+ words) Below I explore how each of these manifests, why they matter in the claims context, and how insurers route to detection and mitigation. False or Inflated Billing/Services Not Rendered From a claims management standpoint, this is highly significant: Costs…...
Wisconsin Medical Care Partnership to Pay $162K in Back Wages
2+ week, 6+ day ago (300+ words) A federal court has ordered a Wisconsin-based multicounty medical care partnership to pay $162,486 in back wages and liquidated damages to 68 case managers after a U.S. Department of Labor investigation found the employer did not pay case managers all " A federal court…...
Oklahoma Senate Minority Leader Proposes Insurance Reform Bills
3+ week, 1+ hour ago (306+ words) An Oklahoma state senator has proposed a package of insurance reform bills she says will tackle the state's skyrocketing insurance costs. Democrat Sen. Julia Kirt, the Minority Leader of the Oklahoma Senate, has pre-filed three insurance-related bills ahead of the…...
New York Governor Hochul Vows to Tackle Insurance Affordability, Litigation and Fraud
3+ week, 1+ day ago (1016+ words) New York Governor Kathy Hochul announced an agenda aimed at making New York more affordable that includes fighting auto insurance fraud and mandating property insurance discounts for mitigation efforts. In her 2026 State of the State address, Hochul vowed to crack…...