Florida’s legislative reforms to address claim fraud and legal system abuse are stabilizing the state’s property/casualty insurance market. Claims-related litigation has significantly declined over the past two years, and premium averages are nearly flat, with several insurers requesting rate decreases from the state’s insurance regulator.

Even as California moves to address regulatory obstacles to fair, actuarially sound insurance underwriting and pricing, the state’s risk profile continues to evolve in ways that impede progress.

(As of May 29, 2025)

(As of February 6, 2024)

Record-breaking distracted driving has created a great deal of alarm on the roadways, with more frequent and dangerous crashes – many of which are caused by cell phone use – becoming part of the norm in the U.S. While the coronavirus pandemic upended traffic patterns, these trends have continued long past the height of the health crisis and pose a significant risk to both the wellbeing of drivers and the viability of personal auto lines. Progress is needed, and telematics may be a necessary facet in improving the safety of roadways, as well as helping lower premiums for motorists.

What is homeowners self-insurance?

Homeowners self-insurance is when you use your savings or investments to cover potential losses or risks in lieu of purchasing an insurance policy and paying monthly premiums. Note that automobile liability insurance is mandatory in almost all states, and that mortgage companies usually require homeowners insurance.

Who can afford to consider self-insuring their home?

Self-insurance is an option for individuals who:

Wildfire risk is strongly conditioned by geographic considerations that vary widely by state and even within states. Temperature, humidity, wind, and topography vary too widely for a single “one size fits all” mitigation approach.

Severe convective storms are among the most common, most damaging natural catastrophes in the United States. The result of warm, moist air rising from the earth, they manifest in various ways, depending on atmospheric conditions—from drenching thunderstorms with lightning, to tornadoes, hail, or destructive straight-line winds. Recent years have seen an increase in organized lines of thunderstorms with widespread damaging winds, known as derechos. As of late September 2023, U.S.

What is cyber insurance, and why is it important?

Cyber insurance is a policy that covers expenses and responsibilities arising from cyberattacks or computer incidents. As this coverage can help with financial and legal costs that stem from cyber incidents, maintaining it can be a savvy strategy to protect business assets and brand reputation.

Analysts believe social inflation is the combined product of socioeconomic, legislative, and litigation factors that spark more frequent, sizeable, and sometimes unnecessary claim payouts. Whatever the primary drivers, social inflation is shifting loss ratios for insurers and disrupting forecasts, rendering cost management more challenging.