USLI demands Travelers cover $900k defense costs in new lawsuit

USLI Sues Travelers Over $900K Defense Costs in Los Angeles Auto Accident Case Los Angeles, August 25, 2025 – United States Liability Insurance Company (USLI) has filed a lawsuit against The Travelers Companies and its affiliates in the Central District of California, demanding reimbursement of approximately $902,415.88 in defense costs incurred during a Los Angeles … Read more

Lloyd’s loosens fossil-fuel stance as politics harden against “green” agenda

Certainly. I will provide a detailed analysis of Lloyd’s shift in fossil fuel underwriting policy and its implications. The main contents of the report are as follows: Lloyd’s of London Reverses Fossil Fuel Underwriting Policy: A Strategic Pivot Amid Geopolitical Pressures 1 Introduction: A Significant Policy Reversal Lloyd’s of London, the world’s leading insurance marketplace, … Read more

Insurance Industry Update: Key Leadership Moves at WTW and MSIG USA

The insurance sector continues to evolve with strategic leadership appointments at Willis Towers Watson (WTW) and MSIG USA, reflecting both companies’ focus on innovation, technology, and market expansion. WTW Bolsters Insurance Consulting and Technology DivisionWTW, a global advisory, broking, and solutions company, announced significant appointments to its Insurance Consulting and Technology (ICT) business in June … Read more

Do Kin Insurance ratings indicate a strong carrier?

Do Kin Insurance Ratings Indicate a Strong Carrier? A Comprehensive Analysis United States – September 6, 2025 – Kin Insurance, a Chicago-based insurtech company specializing in homeowners insurance, has gained attention for its tech-driven, direct-to-consumer model, particularly in catastrophe-prone states like Florida, Louisiana, and Texas. As homeowners and brokers evaluate Kin’s reliability, its financial strength … Read more

Farmers Group to cut jobs in California amid wider industry employment decline

Farmers Group Announces Job Cuts in California Amid Broader Insurance Sector Slump Farmers Group, a major player in the U.S. insurance landscape, is set to lay off 63 employees in California as part of ongoing restructuring efforts. This move highlights deepening challenges in the industry, where economic pressures and technological shifts are forcing widespread employment … Read more

Insurance USA News – Five Tips for Buying Medicare Supplement Insurance

When you turn 65 and become eligible for Medicare, you’ll need to make another important decision. You can choose to enroll in a Medicare Advantage (MA) plan. About one-third of Medicare enrollees choose an MA plan. In some states, such as California, they are readily available. However, there are some MA options in other states. … Read more

California judge orders open hearings, full disclosure in State Farm rate case

Overview of the Ruling On August 27, 2025, Administrative Law Judge Karl Seligman of the California Department of Insurance issued a series of rulings in the ongoing rate case involving State Farm General Insurance Company, California’s largest homeowners insurer. The decisions emphasize transparency and public participation, denying requests to conduct pre-hearing proceedings in private or … Read more

Insurance USA News – 5 things to consider when buying equestrian insurance

You may be wondering whether you should get your home insured or not. Your horse may not be very expensive, but you will need to do things that will protect your property. You don’t only need to think about the market value of your home. Insurance is a way of protecting your assets. If you … Read more

“Maine Slashes Long-Term Care Insurance Hikes: How a 76% Rate Cap Affects Policyholders”

The Maine Bureau of Insurance has taken significant steps to mitigate the impact of proposed long-term care insurance rate hikes, particularly those from Genworth Life Insurance, one of the nation’s largest providers. Below is a detailed overview based on recent developments as of July 7, 2025, addressing the scaling back of these increases and their … Read more