New Mexico bill mandates flood insurance cover after wildfires for five years
A New Mexico proposal would force insurers covering wildfire damage to include flood and debris coverage for five years after a fire is contained
🇺🇸 New Mexico Insurance News
Latest New Mexico 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.
CyberTech Zepo Intelligence raises €12.8 mn to counter AI-driven social engineering
Spanish cybersecurity startup positions agentic human-risk defence as generative AI reshapes attack patterns across enterprises
ACA subsidy cliff could double exchange premiums for Kentuckians
Enhanced ACA tax credits expire in days, pushing 2026 exchange premiums sharply higher for Kentuckians and raising fears of coverage losses
States scramble to limit health insurance premium hikes after ACA subsidy lapse
At least a dozen states are acting to curb health insurance premium increases after Congress let enhanced ACA subsidies expire, leaving millions facing higher costs.
Allianz Commercial sets Miami hub to fuel expanded Latin America growth
Allianz Commercial will open a Miami hub in February to boost Latin American business, expand facultative reinsurance and deepen its Americas footprint
Whistleblowers accuse Farm Bureau P&C Insurance of fraud concealment and retaliation
Two ex-investigators sue Farm Bureau, alleging fraud cover ups, retaliation, and long running pressure to hide cases from state regulators
New Mexico insurers ordered to update UM/UIM forms after court ruling
New Mexico insurers must update disclosure forms to show per-vehicle uninsured and underinsured motorist coverage costs following a Supreme Court decision
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
October storms bring $100 mn+ insured losses across U.S. coasts and Alaska
A series of severe storms across the U.S. and Alaska in mid-October could leave insurers with losses in the hundreds of millions
Aon, NFP and Quálitas launch Conduzco Seguros, online auto insurance for U.S.-Mexico drivers
Conduzco Seguros offers Spanish-speaking U.S. drivers Mexican auto insurance via Quálitas, targeting cross-border travel needs with online convenience
AI insurtech Floodbase launches on-demand U.S. flood mapping tool for insurers
Floodbase has rolled out a near-real-time flood mapping platform across the continental U.S., offering on-demand event-based licensing
Colorado State University’s hurricane team revised 2025 Atlantic hurricane season outlook
Colorado State University’s hurricane team, one of the most widely cited in the U.S., slightly revised its 2025 Atlantic hurricane season outlook last week—now forecasting 8 hurricanes
PERILS raises insurance industry loss estimate for Windstorm Éowyn to €747 mn
PERILS has increased its third industry loss estimate for extratropical windstorm Éowyn (also referred to as Gilles) to €747mn, up from €696mn in April
U.S. lawmakers reintroduce bill to ban non-driving factors in auto insurance pricing
House Resolution 336, reintroduced in the U.S. House of Representatives as the Prohibit Auto Insurance Discrimination Act, seeks to ban auto insurers from using non-driving-related factors
Auto insurance platform Crabi secured $13.6 mn in Series A funding
Crabi, a digital auto insurer based in Mexico, secured $13.6mn in Series A funding. The round was co-led by Kaszek and Ignia, with additional support from 30N
Trump`s “tariffs” could increase P&C insurance claims by $10 bn to $36 bn
Tariffs imposed by the Trump administration could increase claims costs for property and casualty insurance by $10 bn to $36 bn
Hurricane Helene caused insured losses estimated at $6.4-15 bn
Hurricane Helene has caused insured losses estimated at around $6.4 bn, according to catastrophe risk modeling specialist Karen Clark & Company (KCC)
Moody’s estimates U.S. insured losses from Hurricane Beryl to $2.5-4.5 bn
Moody’s RMS Event Response estimates U.S. insured losses from Hurricane Beryl to be between $2.5 billion and $4.5 billion. This includes damage from wind, storm surge
Insured losses from Hurricane Otis estimated $3-10 bn
Verisk, a data analytics and technology provider, estimates industry insured losses to onshore property for Hurricane Otis will from $3 bn to $6 bn
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