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Philanthropic insurance news from the Kansas Department of Insurance and State Farm.

Homeowners who fortify their homes can also receive lower premiums from many insurance companies.

The complaint also alleges that the insurers prefer to declare a vehicle a 'total loss,' regardless of whether it is economical to repair.

Farmers Insurance will resume accepting new commercial multi-peril applications for auto service and repair, habitational, manufacturing, real estate and wholesale distribution policies in California on Aug. 1, 2024.

Insurance industry news from Simplifaim, Holmes Murphy, IMA Financial Group and more is featured in this weekly update.

A faster rating approval process is among the reforms being sought.