Louisiana homeowners insurance news

Farmers to raise homeowners insurance rates in Louisiana

Farmers Insurance Exchange, a reciprocal insurance branch of the Farmers Insurance Group, is looking to raise homeowner’s insurance rates in Louisiana. The insurer has approached…

China to strengthen regulations for growing insurance industry

Major changes for China insurance industry. The insurance industry in China is growing at a rapid rate. The country recently opened up its borders to…

Severe weather leads to over $1.2 billion in insurance losses in March

Insurance industry gets hit with huge losses for 2012. Global reinsurance intermediary, Aon Benfield, which is also responsible for the Aon plc capital advising, has…

Climate Prediction Center heralds the return of El Nino this year

Insurance industry on El Nino watch. The U.S. Climate Prediction Center (CPC), a government agency that provides weather information to the insurance industry and others,…

Force-placed coverage causes probe of New York insurance companies

A closer look into forced placed insurance practices The state insurance regulator in New York is currently performing an investigation as to whether or not…

Medical loss ratio provision could have saved Illinois residents millions according to Commonwealth Fund report

Health care reform medical loss ratio study The Commonwealth Fund, an independent foundation based in New York that researchers health care policies, has released a…

Major Chinese ship insurance company to cease Iranian oil tanker coverage

Commercial insurance market for oil tankers tightens A major insurer of Chinese ships has announced that, starting in July, it will be stopping its indemnity…