Chester County News and Community Website
MALVERN, PA — Insurance industry groups are warning homeowners to exercise caution when hiring contractors after storms and natural disasters, citing a sharp increase in fraud schemes that can inflate …
Insurers, Crime Bureau Warn Disaster Victims About Rising Contractor Fraud Read More
MALVERN, PA — U.S. property and casualty insurers posted their strongest underwriting performance in more than a decade during 2025 as premium increases and easing replacement-cost inflation improved profitability, though …
Insurers Restore Underwriting Profit as Catastrophe Risks Persist Read More MALVERN, PA — Insurance Information Institute reported U.S. pet insurance premiums climbed to a record $5.47 billion in 2025 as rising veterinary costs and escalating liability payouts push more households …
Rising Pet Claims Drive Growth in Niche Insurance Market Read More MALVERN, PA — Insurance Information Institute received honorable mention recognition in two categories at the Hermes Creative Awards for a 2025 public awareness campaign tied to Georgia tort reform legislation, …
Triple-I Georgia Tort Reform Campaign Earns Hermes Awards Read More MALVERN, PA — Proposed insurance legislation in Illinois could reduce coverage availability and increase long-term costs for consumers by restricting insurers’ ability to price risk, according to a new report …
Insurance Group Warns Illinois Bill Could Raise Coverage Costs Read More MALVERN, PA — Severe convective storms caused $51 billion in insured losses in the United States in 2025, marking the third consecutive year losses from such events exceeded $50 billion, …
Triple-I Reports $51 Billion in 2025 Storm Losses in U.S. Read More
MALVERN, PA — Colorado State University researchers are forecasting a slightly below-average 2026 Atlantic hurricane season, citing expected El Niño conditions that typically suppress storm activity.
CSU Forecast Predicts Below-Average 2026 Atlantic Hurricane Season Read More MALVERN, PA — The Insurance Information Institute said this month it launched awareness campaigns in Oklahoma and Wisconsin aimed at highlighting the economic impact of legal system abuse and promoting …
Insurance Institute Launches Campaigns on Lawsuit Costs Read More MALVERN, PA — The Insurance Information Institute, in partnership with Fenix24, has released a report examining how insurers manage cybersecurity risks, finding that while investments have increased, gaps remain in …
Report Finds Cybersecurity Gaps Persist Across Insurance Sector Read More MALVERN, PA — Legislative reforms targeting litigation and insurance fraud in Florida have contributed to lower rate filings and increased competition in the state’s property and auto insurance markets, according …
Report Says Florida Insurance Reforms Lower Rates, Boost Competition Read More