State Insurance Headlines

Gov. DeSantis signs off on Joe Gruters' Citizens Property Insurance reforms

Supporters argue the bill will reduce taxpayer exposure if Citizens faces major losses after a storm. Gov. Ron DeSantis has signed Sarasota Republican Sen. Joe Gruters’ measure to shrink the state-backed...

Complex Cats, Talent Exodus Will Confound Insurance Models This Year: Report June 17, 2026

...traditional peak season — a broader mix of secondary perils like blizzards, wildfires and inland flooding — that continued a years-long trend of rising frequency and geographic spread. Non-hurricane perils...

From repair and replace to predict and prevent: A turning point for the P&C industry

For decades, the property and casualty insurance industry has been defined by a clear and enduring promise: Be there after a loss to help customers recover. That promise remains foundational.

Appetite for Insurance M&A Remains as AI Enters the Chat, Says PwC June 17, 2026

...Holdings for $1.45 billion, representing a significant brokerage consolidation move that also folds an insurtech-native platform into a top global insurance broker. In December 2025, The Baldwin Insurance Group...

To Carriers’ Relief: New Florida Rule Won’t Count Mediation Requests as Complaints

At long last, Florida property insurers may be thinking, state regulators have revised a consumer complaint tabulation methodology that many had criticized as skewed, unrealistic and out of line with most...

AM Best: Data Centers Pose Risks Beyond What P/C Industry Has Experienced

...computer servers. “With the number and size of AI data centers growing rapidly, it is critical that P/C insurers provide solutions to support these highly complex, high-valued projects,” said AM Best. “As data...

Hurricane Irma coverage-lawsuit reversal pokes holes in Lloyd's defense

The mantra "delay, deny, defend" is often referenced in critiques of insurance claims handling. While it would be facially improper for an insurer to delay a coverage decision to gain a tactical advantage, empirical examples nonetheless exist. This very dynamic was addressed by Florida's Fourth Dist

El Nino Is Here and Scientists Fear It’ll Bring Costly Heat, Floods, Droughts, Fires

El Nino, Nature’s chaotic climate agent, has formed in a warmed-up Pacific Ocean and is expected to grow to historic strength, meteorologists announced Thursday.

US P/C Industry Records $16 Billion Underwriting Income in Q1

The U.S. property/casualty industry reversed a $1 billion underwriting loss in the first quarter 2025 to post a $16.3 billion gain for the same period this year.

States with the highest hurricane wind damage exposure

The 2026 Atlantic hurricane season has been quiet so far. Colorado State University even recently lowered its expectations for the season from 13 named storms, 6 hurricanes and 2 major hurricanes to 11 named storms, 5 hurricanes and 2 major hurricanes. However, despite expectations of a lower-key ye

WTW: US Commercial Rates Continue Moderation With 2.5% Increase in Q1 June 11, 2026

U.S. commercial insurance rates increased 2.5% in the first quarter 2026, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). “The first quarter results reflect a continuation...