State Insurance Headlines

Moody’s: US Faces $375B in Uninsured Flood Losses From 1-in-100-Year Event

The U.S. faces a widening gap between growing flood risk and the take-up of flood insurance, potentially exposing the nation to more than $375 billion in aggregated uninsured flood losses from a 1-in-100-year...

The case for umbrella insurance in today's claims environment

With as few as 23% of homeowners carrying umbrella coverage, studies suggest many consumers still perceive it as optional or unnecessary, despite growing liability risks.

Viewpoint: Tackling the Threat of Legal System Abuse May 27, 2026

...related litigation trends have resulted in an estimated $231.6 billion to $281.2 billion increase in liability insurance losses over the past decade. Litigation Financing Transparency Needed Third-party litigation...

Engineering smarter hurricane defenses through AI, advanced modeling

As the Atlantic hurricane season approaches, civil engineers are intensifying efforts to help communities better withstand increasingly destructive storms.

Atlantic Hurricane Season Forecast Milder Than Normal Thanks to El Nino

...tropical weather expert at Columbia University. Inflation-adjusted damage across the globe from tropical cyclones has increased from an average of $11.4 billion a year in the 1980s to $109.7 billion a year...

Florida Court Says 2020 Law Gives ‘Very Broad’ Liability Immunity to Rideshare Firms

A Florida appeals court this month handed ridesharing companies like Uber and Lyft a major legal victory with a broad interpretation of what the court called an unusually broad liability immunity law. ...

Florida emergency chief hopes FEMA funding delays in past heading into hurricane season

TALLAHASSEE, Florida — With hurricane season just days away, Florida’s emergency management chief Kevin Guthrie said the state is ready — and he expects the state to receive critical federal recovery funding faster than they have in recent years.

Speeding, distracted driving spike Memorial Day weekend

High gas prices won't keep many in the U.S. at home this Memorial Day weekend, with AAA predicting as many as 45 million people will travel 50 miles or more between May 21 and 25. Around 39.1 million of those are expected to travel by car, and this increase in traffic brings increased risk.

US P/C Insurers Post Biggest Q1 Underwriting Profit in 25 Years May 22, 2026

...statement. Earlier this year, S&P GMI reported that the full-year 2025 combined ratio for U.S. P/C insurers, at just under 93, was also the best in nearly two decades, surpassed only by a 92.4 ratio recorded...

Commercial insurance prices fell in first quarter: CIAB

Commercial insurance premiums fell 1.2% on average in the first quarter, marking the first time prices have declined overall since 2017, according to the Council of Insurance Agents & Brokers’ quarterly...

US P/C Industry Underlying Growth Expected to Slow in 2026

The U.S. property/casualty insurance industry is expected to see underlying growth decrease 3.7% for the first half of 2026 as it deals with economic uncertainty. The industry grew 1.6% in 2025, but a...