State Insurance Headlines

Florida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market

The cost of a surplus-lines homeowners’ policy in Florida is now about the same as admitted-market HO policies, reflecting the growing trend for excess and surplus firms across the state and beyond, recent...

Jeff Brandes: Before the storm — two smart tax cuts Florida can’t miss this Special Session

Florida weighs proactive hurricane resilience measures before storms strike communities. There is a post-storm pattern that hurricane veterans routinely see. Walk a single block after a major storm, and...

Comp posts 91% combined ratio in 2025, extends underwriting gains

Workers compensation continued its run of underwriting profitability in 2025, posting a 91% combined ratio and marking the 12th consecutive year of underwriting gains, even as claim severity rose and net written premium edged down slightly, according to the National Council on Compensation Insurance

Who will buy the next insurance policy: A person or an AI agent?

During a 2025 webinar hosted by the National Association of Mutual Insurance Companies (NAMIC), I predicted AI agents would reshape insurance distribution channels.

Florida Homeowners Insurance Costs Continue to Climb, Report Finds

Florida remains one of the large states where homeowners insurance costs are rising sharply, according to a Newrez analysis of mortgage servicing data. The report found that homeowners insurance premiums...

Property down 7.1% while umbrella jumps 8.2% in sharply split P&C market: report

The Baldwin Group has reported the sharpest divergence yet between commercial property and casualty pricing since it began tracking the market in its quarterly Market Pulse Report in late 2024.

FEMA Council Backs Overhaul of Disaster Response

...disasters. The recommendations, finalized at a council meeting in Washington, include reassessing FEMA staffing, rethinking what disasters qualify for federal disaster aid and then streamlining its distribution,...

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.