State Insurance Headlines

Florida Needs More, Much More Wind Mitigation. Experts at OIR Summit Give Ideas

Florida has the largest wind-mitigation grant program in the country, providing more than $300 million to homeowners over the last few years and resulting in insurance premium discounts for thousands of...

Q1 insured cat losses 6% above century average: Aon

...quarter 2025 and nine in first-quarter 2024. Severe convective storm was “the most damaging peril for insurers,” the report said. The “active” start of the 2026 severe convective storm season was “broadly consistent...

Record earnings in property/casualty industry in 2025: Fitch

The U.S. property/casualty insurance industry had record high earnings of $135.9 billion and a record low combined ratio of 93.0% in 2025. Net income soared 48.9% to $135.9 billion while the combined ratio...

With Falling Private Re Prices, Should Florida Let Insurers Buy Less from the Cat Fund?

For years, a segment of the Florida property insurance industry had lobbied for more access to the lower-cost reinsurance offered by the state-sanctioned Florida Hurricane Catastrophe Fund—mainly through...

Average data breach cost hits $10.2 million

The average cost of a data breach in the U.S. hit $10.2 million in 2025, according to a new report from Chubb.

Verisk: Insurance Claims Volume Fell to 5-Year Low in 2025

Insurance claims volumes in the United States declined across most lines in 2025 due at least in part to less severe weather, but risks remain elevated as insurers navigate complex and concentrated claims,...

JD Power: Vehicle Complexity Complicates Auto Valuation April 15, 2026

...sold in the U.S. surpassed 600,000 in the 2025 model year, creating a growing challenge for auto insurers as they work to capture the configuration and replacement value of modern vehicles. JD Power shared...

Florida Mobile Home Insurance Market Still Struggling With Premiums, Coverage

Florida regulators have extended their supervision of American Mobile Insurance Exchange for another 120 days—for the sixth time in two years—suggesting that a runoff of the once-dominant carrier’s policies...