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US Labor Stats Bureau: Insurance Industry Sheds 6,300 Jobs in August
July and a 10,700 decline in June, the BLS said (BestWire, Aug. 7, 2026). During August, the U.S. economy saw employment increase by 162,000 jobs and the unemployment hold steady ...
Source: BestWire   Date: September 4, 2026
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New Jersey Airport Operator Sues Over Denied ‘Forever Chemical' Claim
New Jersey airport operator is suing Nautilus Insurance Co. over a denied pollution liability claim intended to cover investigation and remediation of areas where per- and ...
Source: BestWire   Date: September 4, 2026
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2026 Best's Rankings: Top Inland Marine Carriers See Little Movement as Sector Premiums Rise
Despite flat DPW results, Liberty Mutual Insurance Cos. retained its No. 1 position with $4.49 billion in DPW. Among the top 10 insurers, No. 2 CNA Insurance Cos. saw the largest ...
Source: BestWire   Date: September 4, 2026
Texas Insurance Regulator: State Law Prohibits Price Optimization in Rate Setting
Abbott said in a statement. "Price optimization drives up costs for loyal customers. TDI will take action against any company that uses this illegal practice." An attempt to gain ...
Source: BestWire   Date: September 3, 2026
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UK Regulator Moves to Ban Adviser Over ‘Misleading' Pension Transfer Advice
Financial as its representative. The FCA said Thomas gave misleading information about his role in the pension transfer cases to the principal firm, which is responsible for ...
Source: BestWire   Date: September 3, 2026
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ABI: UK Fire Reinsurance Initiative Sees Growth Following Limit Increase
Association of British Insurers said. During the 12 months ending April 1, the facility was covering a total of 730 risks valued at £19.6 billion ($25.52 billion), the ABI said. ...
Source: BestWire   Date: September 3, 2026
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Hospital Group Urging NAIC to Take Comprehensive Approach on Affordability Framework
American Hospital Association. The NAIC should also provide a balanced assessment of the benefits each policy idea presents as well as any limitations or tradeoffs. The AHA said ...
Source: BestWire   Date: September 2, 2026
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California Lawmakers Reject Utility ‘Bailout,' Pass Handful of Property Insurance Bills
Court said in a statement. After SB 492 failed, Pacific Gas & Electric Co.'s stock fell 20%, while Edison International saw a 23% drop, Consumer Watchdog said. "That is not ...
Source: BestWire   Date: September 2, 2026
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Texas AG Investigating Health Insurer's Tricare Claims Denials
Paxton said in a statement. "I will not allow health insurance companies to take advantage of Texans through deceptive or unlawful practices." TriWest said it is reviewing ...
Source: BestWire   Date: September 2, 2026
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Los Angeles County Suing State Farm Over Claims Practices
Unfair Competition Law. The January 2025 LA wildfires destroyed or damaged more than 16,000 structures, primarily homes, and many property owners remain out of their homes more ...
Source: BestWire   Date: September 1, 2026
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Brokers Seek Dismissal of $50 Million Fraud Lawsuit Over Statute of Limitations
Maryland (BestWire, June 25, 2026). The insurer said the scheme resulted in it seeing more than $50 million in losses, the complaint said. CareFirst alleges the Rappaports operated ...
Source: BestWire   Date: September 1, 2026
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UnitedHealthcare Reducing Prior Authorization Requirements Across 11 States in October
Oxford offerings, the insurer said. In May, UnitedHealthcare said it was working to reduce prior authorization requirements by the end of this year for 30% of services that require ...
Source: BestWire   Date: September 1, 2026
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Illinois New E-Bike Law Mandates Insurance Coverage
Secretary of State's office said. Prior to the new law, Illinois had no regulations governing these vehicles, which have seen a 300% increase in injuries and deaths from 2019 and ...
Source: BestWire   Date: August 31, 2026
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Insurance Industry Celebrates California Wildfire Bill Preserving Subrogation Rights
... Ritter said in a statement. "We're grateful for the collaboration among legislators, the administration, wildfire survivors, local governments and other stakeholders to maintain ...
Source: BestWire   Date: August 31, 2026
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Industry Blindsided by California's Stalled Telematics Bill
Personal Insurance Federation of California. Adey said the bill appeared to have a clear path forward after it received strong support in other committees, making it a surprise to ...
Source: BestWire   Date: August 27, 2026
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External Counsel for State Farm Says ‘AI Hallucinations' in Legal Filings
Lawyers representing State Farm Insurance Co. Inc. admitted to filing legal documents that contained artificial intelligence "hallucinations" that cited nonexistent cases and ...
Source: BestWire   Date: August 27, 2026
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Oklahoma Regulator Puts Mending Health Under Supervision
Mending Health Insurance in Oklahoma Inc. has been placed under supervision by the Oklahoma Department of Insurance in a move the company said is designed to help it wind down its ...
Source: BestWire   Date: August 27, 2026
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Insurance Professional Pulls Ahead in Oklahoma Commissioner Republican Runoff
Marty Quinn, a former state lawmaker, the Oklahoma Election Board said. State election results will be certified by Sept. 1. The results track with the outcome of the Republican ...
Source: BestWire   Date: August 26, 2026
Excess Insurers Say No Coverage for Bank's $240 Million Overdraft Settlement
The insurers issued a tower of coverage that ran from Oct. 1, 2008, to Oct. 1, 2009, and a second tower that ran from Oct. 1, 2009, to Oct. 1, 2010, the complaint said. The ...
Source: BestWire   Date: August 26, 2026
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8th Circuit Revives Challenge to Iowa's Public Adjuster Prohibitions
Court for the Southern District of Iowa, Central Division. In seeking an appeal, Shamrock Hills argued that the lower court was wrong when it did not find Iowa's rules covering ...
Source: BestWire   Date: August 26, 2026
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