Farmers will limit new homeowners insurance policies in California, according to a statement issued by the carrier that follows a similar decision by

Property insurers urged Wyoming lawmakers to support home hardening, defensible-space programs and community-level vegetation management to reduce wildfire losses and improve insurance availability. APCIA and IBHS materials cited specific mitigation actions and noted the potential for incentives, building-code changes and grants to encourage risk-

Insurance groups APCIA and NAMIC and the Alaska Center for the Environment told the House Energy Committee they oppose key provisions of House Bill 369, saying its utility-liability language weakens accountability and that the bill's "diverse energy" definition could favor fossil fuels; the committee took no action and set the bill aside.

CAPITOL WEEKLY PODCAST: This Special Episode of the Capitol Weekly Podcast was recorded live at the California Insurance Crisis, which was held in Sacramento on Wednesday, May 14, 2025. This is Panel ...

The American Property Casualty Insurance Association (APCIA) said it supports reforms to thwart legal system abuse in New York state’s 2027 budget. © Shutterstock APCIA praised New York Gov. Cathy Hochul for enacting the reforms, saying the changes will restore fairness, reduce costs and improve insurance affordability. The budget legislation includes key provisions to tighten […]

The American Property Casualty Insurance Association reports that Florida's recent legal reforms have significantly decreased litigation filings and stabilized insurance rates within the state.

The American Property Casualty Insurance Association (APCIA) has announced its support for H.R. 2675, commending the House Judiciary Committee for advancing the measure aimed at limiting foreign-funde...

The American Property Casualty Insurance Association (APCIA) has announced its support for Senator John Kennedy's Protecting Our Courts from Foreign Manipulation Act and the corresponding House bill.

The American Property Casualty Insurance Association (APCIA) has announced its call for the House Judiciary Committee to advance H.R. 1109 and H.R. 2675.

Proposed tariffs could increase cost of motor vehicles and repairs

Jersey City, NJ (Feb. 6, 2026) – Verisk, a leading strategic data analytics and technology partner to the global insurance industry, and the American Property Casualty Insurance Association (APCIA)…

A Michigan lawmaker has proposed legislation that would mandate auto insurance premium reductions of at least 10% on any new or renewed policy, a bill that

As Americans face soaring living costs, the hidden impact of legal system abuse emerges as a significant yet overlooked factor. This article delves into the issue.

IBHS and APCIA introduce a comprehensive toolkit designed to assist communities in mitigating wildfire risks through strategic planning and collaboration.

As living expenses surge, insurance costs also rise. The American Property Casualty Insurance Association reveals the reasons behind this trend and offers potential solutions for consumers.

Insurers Warn: TPLF Could Spike Industry Costs by $50 Billion – Premiums in Peril Imagine your car insurance bill jumping 5% next year—not because of accidents, but because shadowy investors are bankrolling lawsuits against your provider. That's the dire scenario U.S. insurers are painting as third-party litigation funding (TPLF) emerges as a hidden cost bomb. TPLF insurance costs are exploding headlines after Ernst & Young's bombshell report at the APCIA annual meeting, projecting a staggering $25 billion to $50 billion hit over five years from litigation finance impact. This third-party litigation funding surge, insurance premiums rise, and EY TPLF report findings have executives sounding alarms: without swift reforms, everyday Americans could see wallet-draining hikes in auto, home, and business coverage.

Legal system abuse, characterized by frivolous lawsuits, aggressive attorney advertising, and third-party litigation funding (TPLF), is significantly inflating costs across the U.S. economy, impacting households, businesses, and insurance premiums. Reports from the American Property Casualty Insurance Association (APCIA), Munich Re, and the U.S. Chamber of Commerce highlight how these practices are creating a “tort tax” that burdens consumers with higher prices for goods, services, and insurance, while straining businesses and eroding trust in the judicial system. Key Drivers of Legal System Abuse Aggressive Attorney Advertising: In 2023, plaintiff lawyers spent $2.4 billion on over 26 million legal service ads, a 5% increase from 2022, per APCIA.