Sean Kevelighan Chief Executive Officer at Insurance Information Institute
News

Insurance Information Institute comments on legislation, disaster readiness and cyber risks in latest updates

The Insurance Information Institute posted updates between May 6-8, 2026 addressing legislative developments in Illinois’ insurance market, hurricane preparedness tips from Mark Friedlander on Fox Weather, and growing cybersecurity threats facing…

Christine DeBiase Executive Vice President, Chief Legal Officer and General Counsel
Rate Filings

Shelby Bavin named captain of Allstate NACDA Spring Good Works Team for 2025-26

California Insurance Commissioner Ricardo Lara
Natural Disasters

Insurers limit California exposure as wildfire risk and costs rise

Sam Graves, U.S. House of Representatives from Missouri
Policy Reform

Florida’s 2017 rideshare liability law serves as model for expanding Graves Amendment

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Michel A. Khalaf, President and Chief Executive Officer at Metlife
News

MetLife urges shareholders to reject Potemkin Limited mini-tender offer

MetLife has advised its shareholders against accepting a recent mini-tender offer from Potemkin Limited due to its significantly low purchase price compared with current market value. The company emphasized investor caution and highlighted regulatory concerns surrounding such unsolicited offers.

Sherman Joyce, President for American Tort Reform Association
Policy Reform

American Tort Reform Association highlights Texas law limiting vicarious liability for rideshare companies

The American Tort Reform Association highlighted Texas H.B. 1745, which limits vicarious liability for rideshare companies unless gross negligence is proven.
Tom Wilson, Chair, President and CEO, The Allstate Corporation
Rate Filings

Allstate schedules first-quarter 2026 earnings call for April 30

Allstate announced plans to release its first-quarter financial results on April 29. A live conference call discussing these results is scheduled for April 30. Investors can access materials through official websites.
Stefan Holzberger, Executive Vice President & Chief Operating Officer, AM Best
Coverage

AM Best releases report on growth of reciprocal insurance exchanges in catastrophe-prone markets

AM Best released a report detailing rapid growth of reciprocal insurance exchanges in catastrophe-exposed U.S. homeowners markets.
Christopher L. Gandy President-Elect
News

NAIFA discusses Trump Accounts and seeks feedback from industry professionals

NAIFA is inviting feedback from industry professionals on new Trump Accounts (530A accounts). President Christopher Gandy has discussed their potential with U.S. Treasury officials as part of efforts to support American families’ financial security.

Tom Wilson, Chair, President and CEO, The Allstate Corporation
Rate Filings

Allstate reports estimated catastrophe losses of $140 million for February 2026

Allstate announced estimated catastrophe losses of $140 million for February 2026. Total losses for January and February reached $315 million. The company provided details about how it calculates policies in force.
Jared Polis, Governor of Colorado
Policy Reform

Colorado governor’s office announces need for tort reform to lower auto insurance premiums

The Colorado Governor’s Office has released a roadmap calling for tort reform as part of efforts to reduce high auto insurance premiums across the state.
Sean Harper, CEO & Co-founder of Kin
Natural Disasters

Reciprocal insurance exchanges expanding in catastrophe-prone states

Reciprocal insurance exchanges are gaining traction as traditional insurers retreat from high-risk areas due to climate-related challenges.