State Insurance Headlines

Insurance renewal rates mixed in April

Commercial insurance pricing changes varied in April, though rates continued to rise across most lines, according to Ivans, an insurance data exchange unit of Applied Systems.

A Quieter Hurricane Season This Year Could Still Pummel the US Power Grid

Meteorologists are forecasting about 13 named Atlantic storms this season, or a little less activity than average. That sounds like good news for the US power grid and everyone who relies on it.

Personalization or bust: Why 60% of insurance customers are ready to walk

There is a number that should be pinned to the wall of every insurance executive's office: 60. That is the percentage of insurance customers, according to Accenture research, who would switch providers for more personalized service. Not for a lower premium. Not after a claims dispute. Simply because

Two truths and a lie about the insurance agency M&A environment

Given the massive number of M&A transactions in the IA system over the past decade, it has created an abundance of misinformation about the M&A environment for independent agency owners. In an effort to clear up some of the misconceptions, we are going to engage in a game of two truths and a lie.

Specialty Insurance Rates Soften Faster Than Expected, Hitting 2020 Price Levels: WTW May 6, 2026

...pronounced rate decreases are in property and energy, followed by marine, financial institutions and professional liability, reflecting benign catastrophe experience and distorted frequency/severity trends, offset...

Insurance trade groups join forces to improve data standards

ACORD (Association for Cooperative Operations Research and Development) recently launched a new advisory council that joins leading insurance distribution groups in a bid to improve data standards and accelerate digital communication across the P&C insurance market.

Lawsuit abuse is the new personal tax

...often referred to as “nuclear verdicts” — are no longer just a concern for large corporations and insurers, the organization says. Instead, the financial impact is increasingly being felt by consumers through...

No, Florida Lawmakers Did Not Repeal the No-Fault Auto Insurance Law

Did you hear that Florida’s 55-year-old “no-fault” auto insurance statute has been repealed? Most people in the Florida insurance industry probably know that is not true. But a number of recent websites...

Study Suggests Federal Action to Realize Insurance Savings

...analysis by the Vanderbilt Policy Accelerator obtained exclusively by The Associated Press details how insurers are paying out less on claims after an accident, natural disaster or other misfortune than they did...

Emerging Risks to Watch: AI, Data Centers, and Autonomous Vehicles May 4, 2026

Artificial intelligence has moved rapidly from promise to operational reality. For insurers, it’s already influencing underwriting, claims, risk selection, and customer service. As with every major technological...

A look at 2026 hurricane season predictions

Hurricane season is still a month away, but early predictions are starting to come in. AccuWeather is the first to make predictions for 2026, predicting 11-16 named storms, 4-7 hurricanes, 2-4 major hurricanes of category 3 or stronger. Colorado State is predicting 13 named storms, with 6 hurricanes