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The proposed reforms show a sea change from where the California Department of Insurance was six months ago.

Washington Street, LLC sued Nationwide for bad faith, alleging the carrier deliberately and unreasonably delayed policy payments after a building fire.

Insurance industry news from Joshu, Bold Penguin, NFP and more.

Growing catastrophe losses combined with rate inadequacy are masking the true risks facing nearly 40 million properties.

According to the NOAA, as of September, 23 billion-dollar-plus climate disasters have struck the United States in 2023.

The first half of 2023 saw above-average natural catastrophe losses, while secondary perils added further pressure.

COVID-19 lockdowns drove home burglaries down by 19% between 2020 and 2021.

The state at the top of the list sees auto insurance rates that are 66% higher than the national average.