State Insurance Headlines

UN launches disaster insurance program backed by Gallagher Re, Liberty Mutual

The United Nations has launched what it describes as a first-of-its-kind disaster insurance program designed to provide additional funding for communities before disasters strike.

Florida Appeals Court Bars Release of ‘Trade Secret’ Info in Heritage Claims Litigation

A Florida appeals court has blocked, at least for now, a lower court’s order that would have required the release of financial records that Heritage Property & Casualty Insurance and two other carriers...

Secondary Perils Now Drive Catastrophe Losses, Squeezing Earnings and Capital

Perils once labeled secondary, including hail, wildfire, winter storm and inland flood, now drive the majority of North American insured catastrophe losses in most years, according to a report from Marsh Re.

States with the priciest home insurance amid growing US affordability concerns

Affordability is poised to be a defining issue the 2026 midterm elections as U.S. voters frustrated by rising living expenses vote on pivotal congressional races and local ballot initiatives.

Commissioner Mike Yaworsky Secures $46 Million in Excess Profits from Auto Insurer

Nov 2, 2026, 09:44 by Shiloh Elliott TALLAHASSEE, Fla.— Florida Insurance Commissioner Mike Yaworsky secured over $46 million in excess profits that will be returned to policyholders. Infinity Auto Insurance...

Insurance Business analysis finds private auto is now the most concentrated major line in US P&C

In Rhode Island, one insurer collects almost 40 cents of every dollar spent on private auto insurance. Progressive held 39.6% of the state's private auto premium in 2025, more than three times the 12.8% of Allstate, the next largest writer, according to the latest National Association of Insurance C

Gallagher Re: Global cat losses well below average so far this year

Global losses from natural catastrophes were $242 billion in the first nine months of 2026, according to a new report from Gallagher Re.