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One in seven UK consumers drop cover as cost pressures bite " Premium Credit
5+ day, 9+ hour ago (410+ words) Around one in seven UK consumers have cancelled or decided against buying insurance in the past year, according to new research from Premium Credit." This compares with the 8% recorded in last year's Insurance Index who said they had been unable…...
New Jersey high court shields auto insurers from PIP double recovery
2+ week, 3+ day ago (250+ words) New Jersey's top court has handed auto insurers a clear win, ruling that future medical costs covered by PIP cannot be shown to juries." Murray sued both drivers in 2018. Punina defaulted. She offered to settle with Marrone for $50, 000, but he…...
What is State Farm building for 2030?
2+ week, 4+ day ago (172+ words) The State Farm Carrier and Market Review examines this transformation in detail, moving beyond headline innovation into the structure and direction of the carrier's long-term strategy. The latest IB Industry Report shows a clear pattern at the carrier: capital is…...
Allstate unleashes RICO suit over alleged $7. 9 million auto insurance fraud
1+ mon, 1+ week ago (220+ words) Seven Allstate entities are taking on a Houston-area family and their network of healthcare businesses over an alleged multi-million-dollar auto insurance fraud scheme. The numbers are notable. Allstate alleges it paid $426, 960. 67 directly to the defendants and was caused to pay…...
Washington scraps notary requirement for insurer vehicle ownership transfers
2+ mon, 1+ day ago (246+ words) Washington just made it easier for insurers to close out total loss vehicle claims. House Bill 2604, signed into law by the governor on March 18, 2026, removes the notarization requirement for documents used to transfer vehicle ownership to an insurer after payment…...
Three in four Canadians report higher insurance premiums: Report
2+ mon, 1+ week ago (702+ words) Most Canadians are paying more for home and auto insurance, and the pressures behind those increases are showing up not only in household budgets but also in claims and regulatory data, Global News reported, citing data from a new Rates....
Ten big questions confronting specialty broking " and how Insurance Fest 2026 will tackle them
2+ mon, 2+ week ago (857+ words) Last year, Insurance Business" festival experiment drew 727 specialty professionals to the Santa Monica Pier for what one co-founder called "Coachella vibes meets C-suite conversations." On July 16, Insurance Fest 2026 returns to the Pier " bigger, sharper, and designed around the toughest questions…...
Car insurance products lose three-star status as Defaqto raises bar
2+ mon, 3+ week ago (609+ words) Around a quarter of comprehensive car insurance products in the United Kingdom no longer meet Defaqto's 3-star benchmark after the ratings provider strengthened its minimum standards for that level. In its newly launched 2026 Star Ratings, Defaqto said 82 comprehensive car insurance…...
Michigan court rules vague denial letter can't stop the claims clock
2+ mon, 3+ week ago (201+ words) A Michigan court just handed down a split ruling that property insurers will want to read carefully " a vague denial letter may not stop the limitations clock on all claims at once. The case started with a broken pipe. Water…...
Farmers Insurance's RICO fraud case shut down over insurer's own delays
2+ mon, 3+ week ago (243+ words) Farmers Insurance lost its fraud case against Texas medical providers " not on the merits, but because it waited too long to fix its complaint. The ruling, handed down by the United States Court of Appeals for the Fifth Circuit on…...
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