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A $1 billion assessment announced Tuesday for California's FAIR Plan, the state-mandated insurer of last resort, is expected to drive up premiums as companies will likely pass some of the costs onto homeowners.
February 13 -
The Federal Deposit Insurance Corp. and other independent agencies will likely need to identify positions not explicitly required by law under a new Trump administration executive order aimed at downsizing the federal workforce.
February 13 -
6 insurers made the JUST 100 annual ranking in 2025, with the highest insurance company ranking at 11 out of 100.
February 13 -
MGAs provide coverage for emerging risks and must ensure administration functions keep pace with growth.
February 12Functional Finance -
Elysian is building technology to serve claims professionals and combat antiquated claims tech systems.
February 12 -
Federal Reserve Chair Jerome Powell said insurance companies and banks are already pulling out of disaster-prone areas, which could pose problems.
February 12 -
California's insurance commission plans to impose a $1 billion assessment on private insurers to shore up the FAIR Plan.
February 12 -
The Hartford refreshes its brand and Bosch acquires Roadside Protect, plus more insurtech news.
February 11 -
Nationwide finds that 42% of couples view sharing an insurance policy as a commitment comparable to marriage.
February 11 -
Lawmakers, citing past failures, say FDIC staffing shortages weaken oversight.
February 11