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News
$2.6 Billion in NFIP Subsidies Remain Five Years into Risk Rating 2.0, Neptune Flood Research Group Analysis of FEMA Data Shows
3+ day, 10+ hour ago (171+ words) 42% of policyholders still pay below full-risk price; the remaining discount is concentrated in Florida, non-primary homes, and high-value properties, and is on track to phase out by the late 2030s “Risk Rating 2.0 is doing what it was designed to do, and…...
Health insurance costs projected to spike next year by 8.2 percent
1+ week, 3+ day ago (107+ words) Health insurance costs projected to spike next year by most in two decades The Washington Post Employers predict an average 8.2% increase in the cost of their insurance plans. Workers will shoulder some of the cost. A survey of employers predicts…...
German train station shut after blast, day after Berlin accuses Russia over airport drone attack
1+ week, 4+ day ago (346+ words) A train station in the southern German city of Augsburg was completely shut down on Wednesday morning after an explosion and the discovery of a second suspicious object, in an incident that follows Germany's formal accusation a day earlier that…...
ACA premiums are rising again in 2027 - here's the broker conversation
1+ week, 6+ day ago (220+ words) A new KFF analysis covering 276 insurers with publicly available filings across all 50 states and the District of Columbia, found a national median proposed premium increase of 15% for 2027. That follows a finalized median increase of 20% in 2026, making 2027 the second-highest requested rate…...
Why South Africa’s renewable energy boom demands a new approach to insurance
1+ week, 6+ day ago (334+ words) South Africa’s renewable energy sector has evolved into one of the country’s most significant areas of private infrastructure investment in the years since the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) was launched in 2011. Between 2011 and 2025, SA has attracted…...
Europe's heatwaves expose insurance gap as business losses mount
3+ week, 2+ day ago (182+ words) A large part of Europe is in the grip of its fifth heatwave of the summer. That includes France, where temperatures in parts of the country have soared to 40 degrees Celsius, triggering a wildfire in the southwest. Monte Francis has…...
US rate filings hit the brakes as objections send business to E&S
3+ week, 2+ day ago (263+ words) Intelligent Insurer - US rate filings hit the brakes as objections send business to E&S US rate filings face a fourfold approval slowdown when regulators object, helping steer business from the admitted market into excess & surplus (E&S). To request a…...
Europe's heatwaves expose insurance gap
3+ week, 2+ day ago (182+ words) A large part of Europe is in the grip of its fifth heatwave of the summer. That includes France, where temperatures in parts of the country have soared to 40 degrees Celsius, triggering a wildfire in the southwest. Monte Francis has…...