Insurance Journal News Feed

Insurance Journal news feed

1. US Excess & Surplus Lines Boost London Market Re/Insurers’ Topline Growth

   The U.S. excess and surplus (E&S) lines market continues to offer profitable growth opportunities for insurers and reinsurers in the London market – which could help counteract some possible headwinds, according to a report from AM Best. “Excess and surplus …

2. Group Sues California Department of Insurance Over FAIR Plan Surcharges

   A consumer advocacy group has sued the California Department of Insurance and Commissioner Ricardo Lara to block hundreds of millions of dollars in surcharges that could soon appear on California homeowners’ insurance bills. Consumer Watchdog said in a press release …

3. Louisiana Lawmakers Tackle Insurance Affordability Crisis in Legislative Session

   The Louisiana legislative session is underway this week in Baton Rouge, where lawmakers are primed to address the state’s insurance affordability crisis. Governor Jeff Landry and Insurance Commissioner Tim Temple both have made it clear that insurance reform is a …

4. California’s Newsom Sues Trump Over ‘Chaos’ of Tariff Regime

   California Governor Gavin Newsom sued to halt Donald Trump’s tariffs, setting up a high-stakes legal challenge to the president’s landmark effort to overhaul global trade. The state is challenging Trump’s use of emergency powers to enact broad tariffs against Mexico, …

5. Kentucky Tobacco Warehouse Manager Indicted in Crop Insurance Fraud Scheme

   Prosecution of widespread crop insurance fraud in Kentucky has continued with the indictment of a tobacco warehouse manager who allegedly facilitated some of the schemes. Thomas H. Kirkpatrick, manager of Farmers Tobacco Warehouse in Danville, conspired with at least four …