Often referred to as state-run insurers of last resort, Fair Access to Insurance Requirements (FAIR) plans are state-managed property insurance plans that provide coverage for property owners who can't obtain a policy from private insurance companies due to high-risk factors. The application process can vary by state, but usually, the minimum requirement for homeowners is proof of coverage denial from at least two private insurers.

(As of February 13, 2025)

Talking Points

• California Wildfires: Talking points
• Triple CEO Sean Kevelighan presented on California & Insurance

Claim-filing Tips

Reforms put in place in 2024 are a positive move toward repairing Louisiana’s insurance market, which has long suffered from excessive claims litigation and attorney involvement that drive up costs and, ultimately, premium rates. But more work is needed.

(As of December 19, 2024)

The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting property/casualty lines more recently. This trend has been accompanied by steady growth in net written premiums.

Since 1998, the insurance industry has come together for the Insurance Industry Charitable Foundation (IICF) volunteer initiative. This is an international (US and UK) and industry-wide initiative, insurance professionals complete volunteer projects in support of community nonprofit organizations in-person and virtually.

(As of September 20, 2024)

More frequent losses from disasters, soaring construction costs, inflation, and other mounting pressures are driving homeowners insurance rates steadily higher. Despite these pressures, the homeowners insurance market is beginning to show early signs of stabilization.

(December 15, 2025)