Latest Property and casualty insurance providers News

Liz Weston: 3 times you need money advice from a human

Nov. 22, 2021 08:19 AM EST

You can now manage most aspects of your money without ever consulting another human being. You can budget, borrow, save, invest, buy insurance, prepare your tax return and create a will — among many other tasks — by using apps, websites and software. But technology...

Louisiana seeks take-over of failing insurers after Ida

Nov. 11, 2021 13:43 PM EST

BATON ROUGE, La. (AP) — The Louisiana insurance commissioner is seeking a government takeover of two regional insurance companies that are facing insolvency due to losses from Hurricane Ida to ensure the company’s policyholders are paid what they are owed, officials said. ...

Michigan drivers will get insurance refunds; details coming

Nov. 03, 2021 22:29 PM EDT

LANSING, Mich. (AP) — All insured Michigan drivers will be getting refunds due to a $5 billion surplus in a fund that reimburses insurers medical and other costs for people seriously injured in crashes. The Michigan Catastrophic Fund Association's board said Wednesday...

Appeals court rejects California home insurance refund order

Nov. 02, 2021 20:15 PM EDT

SACRAMENTO, Calif. (AP) — Consumer advocates said Tuesday that they will ask the California Supreme Court to overturn an appeals court ruling they said undermines the state's ability to order billions of dollars in insurance company refunds. A San Diego-based state...

Whitmer: Give drivers insurance refunds of up to $675 a car

Nov. 01, 2021 20:00 PM EDT

LANSING, Mich. (AP) — Gov. Gretchen Whitmer called Monday for insurance refunds of up to $675 per vehicle to be quickly issued to drivers. In a letter to the Michigan Catastrophic Claims Association, the Democratic governor cited a surplus of $5 billion that she...

Editorial Roundup: Florida

Oct. 27, 2021 14:30 PM EDT

Palm Beach Post. October 26, 2021. Editorial: Florida Senate must reject Dr. Ladapo confirmation In Dr. Joseph Ladapo, Gov. Ron DeSantis not only hired a hardline sycophant but found a miscreant of a medical professional who apparently doesn’t care...

New mediation option set up for Ida home insurance disputes

Oct. 19, 2021 14:18 PM EDT

BATON ROUGE, La. (AP) — Homeowners and insurance companies haggling over Hurricane Ida damage claims can take advantage of a new mediation program announced Tuesday by Louisiana’s Department of Insurance. Insurance Commissioner Jim Donelon detailed the program at a...

Battle over California fire insurance policies intensifies

Oct. 14, 2021 18:34 PM EDT

SACRAMENTO, Calif. (AP) — Massive wildfires are making it harder for some California homeowners to get property insurance, pitting the state's insurance commissioner against the industry in an escalating conflict that will likely stretch into 2022's statewide elections. ...

Farmer charged in alleged $500K wheat crop scam

Oct. 09, 2021 11:28 AM EDT

PROSSER, Wash. (AP) — A farmer in southeastern Washington is accused of collecting tens of thousands of dollars in hidden wheat sales while collecting on crop insurance for alleged losses. Rick T. Gray of Prosser and his company, Gray Land and Livestock LLC, are being...

Analysis: Louisiana braces for flood insurance sticker shock

Oct. 03, 2021 16:01 PM EDT

BATON ROUGE, La. (AP) — Hundreds of thousands of Louisiana homeowners, many of them still digging out of Hurricane Ida's destruction, will soon see rising flood insurance bills. But the federal government is providing few details about how much its recalculation of rates will boost premiums...