State Insurance Headlines

Report Finds Incomplete Data on Florida Condo Safety Inspections

Incomplete and inconsistent local reporting has left Florida without a complete statewide accounting of milestone inspections for condominium and cooperative buildings subject to the state’s structural inspection requirements, according to a new report from the Office of Program Policy Analysis and

Why El Niño’s Promise of Quieter Hurricane Season May Not Be Good News for Insurers

For insurers, the periodic El Niño climate phenomenon has traditionally lowered the risk of costly Atlantic hurricanes, but decades of population growth along coastal areas and rising property values are...

Hispanic Neighborhoods in Florida Pay Much Higher Premiums, Consumer Group Says

Florida’s top insurance regulator and some insurance producers, including the former president of the Latin American Association of Insurance Agents, are questioning a report that suggests policyholders...

Homeowners' insurance emerges as a larger driver of housing affordability

The cost of homeowners' insurance is becoming an increasingly important factor in the overall affordability of homeownership, according to a recent LendingTree analysis. While mortgage payments remain the largest monthly expense for most homeowners, insurance premiums are consuming a growing portion

Report: Claims Severity Reaches All-Time High, Frequency Declines July 24, 2026

...frequency decreased 23.8% from 2024 to 2025, the report shows. The report’s authors say it shows that insurers face rising severity, rising inflation-driven replacement costs and a reshaping loss patterns from...

Commercial property premiums fall for first time in almost a decade

U.S. commercial property premiums have fallen for the first time in nearly a decade, but the investors who will really benefit are the ones that treat 2026 as a risk selection year and use cheaper coverage to sharpen their underwriting edge, not just cut costs.

Florida Appeals Court Strikes Jury’s $335,000 Award in Universal Plumbing Claim

One of Florida’s largest property insurers won a major victory Wednesday from an appeals court, which found that a jury’s $335,000 award in a claims dispute over plumbing damages was far out of line with...

Q2 Global Commercial Insurance Rates Keep Dropping, Except for US Casualty

Global commercial insurance rates dropped by 6%, on average, in the second quarter of 2026, following a 5% decline in Q1 2026, according to Marsh’s latest Global Insurance Market Index (GIMI). Property...

Majority of Small Business Are Underinsured as Other Expenses Prioritized

New small business owners are more likely to have proper business insurance than those that have been operating longer. Even so, a majority of small businesses remain underinsured.

Global insured cat losses fall 56% in first half: Aon

Global insured natural catastrophe losses fell 56% to an estimated $47 billion in the first half of 2026, down from $108 billion in the first half of 2025, Aon said Wednesday.

Florida’s Share of Claims Lawsuits Now About Half of 2020 Numbers, Data Show

At the height of the Florida property insurance crisis in the early 2020s, one statistic seemed to galvanize the movement for reforming the state’s insurance claims litigation statutes: Floridians had...

Insurer Interest in AI Exclusions Growing as Risk Becomes Omnipresent

...surprise given the penetration of artificial intelligence into lives and businesses that it appears insurers are gearing up to exclude AI risk in some of their commercial liability policies. Three ISO exclusions...

Operational challenges of integrating AI into legacy insurance environments

For insurance organizations, the key question is not which artificial intelligence tool to buy. It is whether their operating model is ready to support one. AI will not fix fragmented workflows, inconsistent data or processes dependent on spreadsheets, inboxes and individual employee knowledge. In m

Broker M&A drops to lowest first-half level since 2016

...remaining 12% of sellers comprised those on the wholesale side of distribution, third-party administrators, life insurance agencies, financial products sellers, and a variety of consulting businesses related to insurance...