GEICO settles overtime lawsuits with call-center staff for $900,000
GEICO agreed to pay over $900,000 to resolve overtime claims from call-center workers, covering unpaid login time and alleged off-the-clock work
🇺🇸 Alabama Insurance News
Latest Alabama insurance news from US insurers and regulators. Explore auto, home, life, P&C, pet and health insurance, including insurance rates, insights, trends, and breaking insurance news from the United States.
Alabama hospital blames BCBS Alabama underpayments for bankruptcy
Jackson Hospital sues Blue Cross Alabama for over $250mn, alleging monopolistic reimbursement practices drove it into bankruptcy
Iowa Attorney back dismissal of Lockheed pension transfer lawsuit
Nine state attorneys general urged a federal court to dismiss a lawsuit challenging Lockheed Martin’s pension risk transfer to Athene
Insurtech Adoro launches pet insurance across 28 states in expanding US market
Adoro Pet Insurance enters 28 states, targeting gaps in US pet coverage with broader benefits, steadier pricing, and faster claims handling
Travelers hit with $27 mn verdict as Alabama fire dispute escalates
Eighth Circuit backs Maxus in a $27mn fire damage fight, ruling soot and water contamination count as covered physical loss
Louisiana proposes property insurance discounts for Fortified home upgrades
Louisiana insurers must offer 20-30% premium cuts for Fortified mitigation projects under new rules; regulators seek comment until Nov. 10
State Farm hit with lawsuit over AI bias, discrimination and unpaid insurance claims
State Farm faces federal lawsuit alleging AI-driven bias, unpaid $372K in claims, and fraudulent damage reporting practices
Alabama’s fortified homes program proves insurance savings, spurs nationwide adoption
Homes built to IBHS fortified standards cut claims severity by 15%–40% and reduce loss frequency by at least 55%
Mississippi Insurance Commissioner warns of coastal property insurance rate hike by 16%
Mississippi Insurance Commissioner Mike Chaney confirmed that coastal property insurance rates will increase by 16% starting Jan. 1, 2026
U.S. insurers paid $1 bn in lightning-related homeowners insurance claims
In 2024, U.S. insurers paid $1.04bn in lightning-related homeowners insurance claims, marking a 16.5% decline from $1.24bn in 2023
Louisiana Senate deferred proposed insurance bills to cut auto insurance rates
Louisiana Senate Judiciary A Committee deferred four proposed insurance bills after none of the authors appeared to present them
Louisiana enacts sweeping auto insurance reforms to cut rates
Louisiana Governor Jeff Landry signed a six-bill legislative package aimed at lowering automobile insurance costs by limiting certain legal claims
Louisiana lawmakers examine law & practices behind auto insurance rates
Louisiana lawmakers are reviewing how state law limits transparency in personal injury jury trials as residents continue to face some of the highest auto insurance premiums in the country
U.S. insurers face losses between $1 bn and $3 bn from a severe weather outbreak in March
Insurers face losses between $1 bn and $3 bn from a severe weather outbreak in mid-March, according to Gallagher Re
CoreLogic estimated Hurricane Francine insured losses to be up to $1.5 bn
CoreLogic estimated Hurricane Francine insured wind and storm surge losses to be up to $1.5 bn. Losses include damage to buildings, contents, and business interruption
Lawyers sequred award in legal fees in $2.7 bn Blue Cross health insurance antitrust case
A group of plaintiffs’ lawyers has asked a U.S. appeals court to uphold what it called a “historic” $2.7 billion health insurance antitrust settlement
Workers’ compensation startup Pie Insurance parners with InsurTechs
Pie Insurance, the specialist provider of cover for small businesses, has forged three, key partnerships to drive its solutions in the marketplace
Global InsurTech funding rose 19.5% to $5.1 bn, with Q4 driving momentum as deal count and average size increased sharply, marking the first annual increase since 2021
InsurTech moves past disruption narrative, focuses on underwriting, AI, and operational efficiency as funding drops and insurers demand measurable results
The first notice of loss (FNOL) is the starting point for every insurance claim. It sets the tone for the entire claims cycle. And for years, this process has been manual
InsurTech funding crossed a significant milestone in Q2 2025, with $60.8bn raised since records began in 2012. The data reflects the scale of investor appetite over 10Y