Nationwide is strategically strengthening its stop-loss insurance portfolio by acquiring Allstate Corporation’s employer stop-loss segment in a $1.25 billion deal.
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Minnesota Home Insurance Rates Surge as Storm Damage and Industry Shifts Drive Up Costs
Homeowners across Minnesota are facing steep property insurance rate increases, with industry experts warning that relief is unlikely in the near future.
NC Crooked Creek Fire Fully Contained After Burning 220 Acres in McDowell County
Officials have confirmed that the Crooked Creek Fire, which burned 220 acres in McDowell County, North Carolina, is now fully contained. Emergency crews battled the wildfire for days, prioritizing structure protection and containment efforts.
Hawaii Lawmakers Face Challenges in Homeowners Insurance Relief Efforts
Hawaii state lawmakers are working to address rising homeowners insurance rates, but experts caution that meaningful relief may be difficult to achieve.
New Property Insurer Approved to Operate in Florida
Mangrove, headquartered near St. Petersburg and led by industry expert Stephen Weinstein, is the latest insurer to enter Florida’s property insurance sector.
Robert F. Kennedy Jr. Signals Potential Changes to Medicaid in Senate Testimony
Robert F. Kennedy Jr., the president’s nominee for Secretary of Health and Human Services (HHS), indicated that changes to Medicaid could be on the horizon during his Senate Finance Committee confirmation hearing on Wednesday.
Can a President Eliminate FEMA? Here’s What Federal Law Says
The president expressed a desire to overhaul or eliminate the Federal Emergency Management Agency (FEMA). However, federal laws make it clear that the president cannot terminate FEMA unilaterally. Any such action would require congressional approval.
Disaster Risk Discounts Begin to Reshape U.S. Housing Market
Natural disasters are gradually influencing U.S. housing prices, with homes in high-risk areas experiencing slower value growth compared to safer neighborhoods.
Inszone Insurance Services Creates Three Regional President Roles to Drive Strategic Growth
Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce the creation of three new Regional President roles.
Chris Newby Joins Ryan Specialty International as General Counsel
Ryan Specialty International has announced the appointment of Chris Newby as its new general counsel. Newby steps into the role with over 25 years of legal and insurance industry expertise.