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Colorado has enacted a new law requiring insurance companies to consider homeowners’ wildfire mitigation efforts when assessing premiums, potentially leading to lower insurance costs for residents in fire-prone areas.

Following the tragic Ahmedabad plane crash, major Indian insurers have introduced special measures to expedite claim settlements for the victims’ families.

Companies increasingly using Individual Coverage Health Reimbursement Arrangements, giving workers money to buy their own coverage

Insurance Business Magazine discusses AI-driven cyber threats and how insurers are keeping up, including client expectations, professional risks coverage, and cyber risk prevention tips.

Colorado sees 159% increase in billion-dollar weather disasters; Kin brings technology-driven home insurance solutions to the state

As climate change intensifies hurricanes, wildfires, and severe storms, home insurance premiums are skyrocketing across the United States. In response, some states are pioneering innovative strategies to encourage homeowners to retrofit their properties against disasters by offering insurance discounts and financial incentives.

New legislation backed by Rep. Rashida Tlaib would ban insurance rate-setting based on census tracts and credit scores, practices that disproportionately affect Black drivers and low-income communities.

As climate-related disasters increase, homeowner insurance becomes more expensive and harder to secure. Some states are pioneering ‘climate-proof’ construction to mitigate these risks, offering insurance discounts for homes built or retrofitted with disaster-resistant features.

Lisa Krouse, former executive at FCCI Insurance Group and CEO of Economic Development Corp. of Sarasota County, appointed as CEO of First Tee Sarasota/Manatee

Insurance broker Reliance Global Group Inc. withdraws public offering to fund Spetner Associates acquisition, opting to sell Fortman Insurance subsidiary instead