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APCIA Warns Michigan Auto Insurance Bill Could Destabilize Market, Increase Costs
A Michigan lawmaker has proposed legislation that would mandate auto insurance premium reductions of at least 10% on any new or renewed policy, a bill that the American Property Casualty Insurance Association (APCIA) says would destabilize the state’s market. SB …
POSTED JUNE 17, 2025 8:00 AM |
Texas Department of Transportation Data Breach Exposes 300K Crash Records
The Texas Department of Transportation said a compromise of an account led to a data breach of a large number of crash records. On May 12, TxDOT identified unusual activity in its Crash Records Information System (CRIS) originating from a …
POSTED JUNE 17, 2025 7:00 AM |
Des Moines, Iowa Officials Issue Warning Over High Levels of Nitrates in Drinking Water
Local officials warned more than half a million Iowans in the state’s capital city and suburbs on Thursday that near-record level of pollutants in its rivers could make drinking water dangerous if immediate steps are not taken to reduce demand. …
POSTED JUNE 17, 2025 7:00 AM |
St. Louis Waives 25% Holdback Rule for Property Claims From May 16 Tornado
St. Louis Mayor Cara Spencer signed an executive order to waive a 25% holdback of insurance payouts for property damage claims related to the May 16 tornado that damaged at least 10,000 properties in the city. The order instructs the …
POSTED JUNE 17, 2025 7:00 AM |
Death Toll From San Antonio Flooding Rises to 13
The death toll from heavy rains that inundated parts of San Antonio has risen to 13, and all those missing have been found, authorities said. More than 7 inches (18 centimeters) of rain fell over a span of hours on …
POSTED JUNE 17, 2025 6:00 AM |
American Bar Association Sues to Block Trump’s Attacks on Law Firms
The American Bar Association sued the Trump administration on Monday, seeking an order that would bar the White House from pursuing what the ABA called a campaign of intimidation against major law firms. The lawsuit, filed in federal court in …
POSTED JUNE 17, 2025 5:19 AM |
Tariff ‘Stacking’ Adds Another Headache for US Importers
John Hamer, president of Rodgers Wade Manufacturing in Paris, Texas, makes store fixtures for big retailers like Ross Dress for Less and Ulta Beauty. He sources many of the goods from China, which until recently meant he paid 70% in …
POSTED JUNE 17, 2025 5:11 AM |
Air India Crash Seen Triggering $475 Million in Insurance Claims
India’s deadliest plane crash in more than decade is set to send shock waves through the aviation insurance industry and trigger one of the country’s costliest claims, estimated at around $475 million. “This aviation insurance claim could be one of …
POSTED JUNE 17, 2025 5:05 AM |
Florida Premium Written up by a Third, Average Premiums Up by 40% Since 2022
Newly posted data from Florida regulators show that, in the last three years, the number of property insurance policies in the state has risen only slightly while direct premium written and average premiums have climbed significantly. The first-quarter 2025 data …
POSTED JUNE 17, 2025 5:01 AM |
California FAIR Plan Extends ZestyAI Partnership
ZestyAI has announced a four-year extension of its partnership with the California FAIR Plan. The Golden State’s insurer of last resort has tapped ZestyAI’s Z-FIRE wildfire risk model for risk assessment since 2021. That model leverages AI-driven analysis of more …
POSTED JUNE 17, 2025 5:00 AM |
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