After years of rising insurance costs driven in part by legal system abuse, litigation financing and nuclear verdicts, tort reform is beginning to translate into lower premiums, rate reductions and direct savings for consumers.
July brought the news that the property & casualty industry’s 2025 underwriting results were the strongest in a decade.
The bill would help deter insurance fraud, reduce unnecessary litigation costs and ease the pressure of rising insurance premiums.
The bill would reauthorize the program for an additional seven years, raise the minimum loss threshold and require the Treasury Secretary to publish a notice in the Federal Register within 30 days of initiating the terrorism determination process.
June highlighted 10 young agents making their mark on the insurance industry. And the Big ‘I’ 2026 Market Share Report shows that, despite market headwinds, the independent agency channel is holding strong.
North Carolina has taken a groundbreaking step in the fight against legal system abuse by becoming the first state in the nation to prohibit third-party litigation financing.
The bills signed into law last week address some of the core factors that have driven exorbitant auto insurance premiums in New York.
The bill would amend the Internal Revenue Code to ensure that individuals recovering from natural disasters are not unfairly taxed on the financial help they receive to rebuild their lives.
Insurance agents are stepping beyond the agency and into the political arena—and the Insurance Campaign Institute is helping them get there.
As the chair of the House Financial Services Committee, Rep. Hill was honored for his leadership on key issues impacting independent insurance agencies.
