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Minnesota Lawmakers Propose Auto Insurance Program for Low-Income Residents
Apr 7 2025 // Minnesota lawmakers have introduced a bill that would establish a low-cost auto insurance program for low-income residents.HF 2215 would establish the Minnesota Lifeline Insurance Program, a state-sponsored, alternative...
AccuWeather: Severe Storms in Central US Cause $80-90B in Damages, Economic Loss
Apr 7 2025 // A multiday severe weather outbreak in the central U.S. caused an estimated $80 billion to $90 billion in total damage and economic loss, according to a preliminary estimate from AccuWeather.From April 2 to April 6, a rare...
US P/C Insurance Industry Income Tops $100B in 2024: Verisk, APCIA
Apr 7 2025 // The U.S. property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income to $170 billion, according to a joint report from Verisk and The American Property...
AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years
Apr 7 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit.AM Best in a “First Look” at U.S. P/C financial results said the industry left 2024 with a...
Insureds Have Post-Loss Duties Too, Florida Appeals Court Says in HCI Win
Apr 7 2025 // Florida insurers, often on the receiving end of insureds’ complaints in the courts and in the news media, may take heart from a recent ruling by a Florida appeals court, which draws a bold line under insureds’...
People Moves: World Insurance Associates Promotes Scheuer to Division Revenue Leader for Great Lakes Region
Apr 4 2025 // Katie Scheuer has been promoted to the newly created position of Division Revenue Leader for the Great Lakes Region at World Insurance Associates. She was formerly the Division Growth Leader for the Great Lakes and West...
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