On March 27, 2025, the Insurance Commission (IC) of the Philippines released Advisory No. RS-2025-009, encouraging the public to consider gender-specific insurance and health maintenance organization (HMO) products.
Author: Maria Valdez Haubrich
New Report Finds Homeowners Insurance Premiums Have Risen 24% Since 2021
A new report from the Consumer Federation of America (CFA) reveals that American homeowners have seen their insurance premiums rise by an average of 24% over the past three years, outpacing the rate of inflation and adding a collective $21 billion in costs for policyholders. The report, titled Overburdened: The Dramatic Increase in Homeowners Insurance… Continue reading New Report Finds Homeowners Insurance Premiums Have Risen 24% Since 2021
HUB Int’l Expands Insurance Capabilities With DANSIG Acquisition in Illinois
Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, has announced it has acquired the assets of Dansig, Inc., dba Dansig Insurance Risk Advisors (Dansig).
State Farm Seeks 39% Rate Hike for Umbrella Insurance in California
State Farm General is pursuing a substantial 39% rate hike for its Personal Liability Umbrella policies in California, according to a filing with the California Department of Insurance.
Deadly Storms Tear Across Central U.S., Leaving At Least 4 Dead and Widespread Devastation
Accuweather reported deadly storms ripping through the central United States through the night of April 2, 2025, leaving a trail of destruction, widespread power outages, and at least four confirmed fatalities across multiple states.
Royalty Insurance Services Joins World Insurance Associates
World Insurance Associates LLC, a Top 50 Insurance Brokerage, has announced that it acquired the business of Royalty Insurance Services of Van Nuys, CA, on January 1, 2025.
Bamboo Insurance Partners With Incline P&C Group to Expand Home Insurance Options in California
Bamboo Insurance, a trusted customer-focused insurance provider, has announced a strategic partnership with Incline P&C Group, a leading insurance program carrier.
Trial Set in Dispute Between Idaho Homeowners and HOA Over Business Operations
A legal dispute between Eagle, Idaho, residents and the Two Rivers Subdivision Homeowners Association (HOA) will proceed to trial following developments involving a countersuit over the HOA’s use of the neighborhood clubhouse.
NICB Issues Consumer Fraud Warning After Oklahoma Wildfires
In the wake of destructive wildfires fueled by dry weather and strong winds across Oklahoma, the National Insurance Crime Bureau (NICB) has issued a warning about potential contractor fraud targeting residents and business owners in the region.
Marsh McLennan Agency Acquires Arthur Hall Insurance
Marsh McLennan Agency (MMA), a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions, has announced the acquisition of Arthur Hall Insurance.