KCC estimates $6.7 bn insured losses from Winter Storm Fern
Karen Clark and Company puts privately insured losses from Winter Storm Fern at $6.7 bn, driven mainly by freeze damage and power outages
🇺🇸 Mississippi Insurance News
Latest Mississippi 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.
Mississippi lawmakers weighs ban on insurer donations to commissioner races
Mississippi lawmakers review a bill blocking insurance-regulated donors from backing commissioner candidates, drawing pushback from the sitting commissioner
Fifth Circuit ruling narrows insurer liability in fatal overdose workplace case
Fifth Circuit reverses a $575k award, ruling a worker’s fatal fentanyl overdose broke causation and did not extend insurer liability
Hurricane Melissa hits Jamaica with 185 mph winds, low insured losses
Hurricane Melissa’s 185 mph winds bring heavy damage to Jamaica and Cuba, with billions in losses expected but low insured coverage across the region
US House bill aims to restore National Flood Insurance Program fast
A new House bill seeks to retroactively renew and extend the National Flood Insurance Program through December 2026 after its lapse during the government shutdown
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 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
Number of M&A deals involving insurance brokers in North America increased by 8%
The number of M&A deals involving insurance brokers in North America increased by 8% sequentially to 120 in the second quarter, according to S&P
Average U.S. homeowners insurance premiums increased – IRC report
Average U.S. homeowners insurance premiums have increased at a rate that has outpaced household income from 2001 to 2021
Marsh acquired Fisher Brown Bottrell Insurance
Marsh McLennan Agency announced that it has entered into a definitive agreement to acquire Fisher Brown Bottrell Insurance (FBBINSURANCE)
Insured loss from Severe Convective Storm outbreak will be $5.5 bn
KCC estimates that the insured loss from this Severe Convective Storm (SCS) outbreak will be close to $5.5 billion. The KCC loss estimate includesthe privately insured damage
Finding affordable health insurance in California can be overwhelming. You’re faced with dozens of plan options, unfamiliar terms and questions about whether you qualify for subsidies through Covered California
Insurers enter 2026 with longer settlement cycles, rising volumes, and slow AI adoption, increasing costs and operational risk, AutoRek finds
Global insurance M&A stabilised, as insurers and brokers took a more strategic approach to acquisitions amid falling interest rates and a realignment of strategic priorities
U.S. life insurers posted modest Prism score gains, with resilient capital strength despite rising annuity volumes and investment risk pressures