Vermont farmers are facing growing challenges with crop insurance as unpredictable weather patterns continue to threaten agricultural operations.
Author: Maria Valdez Haubrich
AI-Driven MGA Augmented UW Launches in London to Support Smart-Follow Insurance
Augmented UW Ltd., a new artificial intelligence-driven managing general agent (MGA), has officially launched in London, focusing on the growing smart-follow insurance market.
Decades of Data Show Texas Leads Nation in Flood Deaths
Texas continues to lead the nation in flood-related deaths, driven by its geography, population density, and vast size. Even before the recent Central Texas floods that claimed more than 100 lives, the state had long been the deadliest for flooding in the United States.
2024 Marks Second Straight Year of ‘Very Strong’ P&C Results for Leading Global Reinsurers
Fitch Ratings reports that 2024 was the second straight year of “very strong” financial results for major global P&C reinsurers, driven by strong underwriting and investment gains amid continued favorable market conditions.
State Farm Announces 27% Home Insurance Rate Increase in Illinois
Effective August 2025, State Farm will implement a significant rate increase for Illinois homeowners, raising home insurance premiums by an average of 27%.
FEMA Remains Intact as White House Shifts Toward State-Led Disaster Response
As reported in The Washington Post, the Trump administration is no longer pursuing plans to abolish the Federal Emergency Management Agency (FEMA), according to senior officials.
Insurance Rates Surge in Red Sea Following Fatal Ship Attacks
The cost of insuring commercial vessels transiting the Red Sea has more than doubled in recent days following deadly maritime attacks by Yemen’s Houthi forces, according to multiple industry sources.
California Bill Seeks Greater Transparency in Insurance Drone Imagery Use
A bill moving through the California Senate Insurance Committee aims to strengthen consumer protections related to insurance companies’ use of drone and satellite imagery to evaluate properties.
Flooding Is Not Just a Coastal Threat
Flooding is often associated with coastal or high-risk areas, but recent events continue to show it can happen virtually anywhere.
Updates to Flood Insurance Requirements and Federal Floodplain Standards
Significant changes are underway regarding flood insurance requirements across the U.S., driven by updated FEMA flood maps and new federal regulations.
