AGP Executive Report
Last update: 11 hours agoHome Insurance Shock: LendingTree says U.S. homeowners’ rates jumped nearly 47% from 2020-2025, with Colorado (+18.3%), Minnesota (+17%) and Iowa (+14.7%) among the biggest movers—severe weather is driving the climb. Disaster Readiness: BBB urges storm prep and warns consumers to vet contractors after door-to-door hail/wind “emergency” pitches left a dementia patient signing costly repairs without getting a copy. Claims & Coverage Reality Checks: Kern County brokers remind homeowners that El Niño rain doesn’t automatically mean coverage, so review policies and act early. Health Insurance Policy Push: Delaware signed a mental health parity law tightening coverage decisions and cutting delays/denials; Pennsylvania is mailing notices to 700,000 Medicaid expansion members facing new work requirements. Legal/Insurance Liability: An insurer agreed to a $30M settlement over abuse claims tied to the Diocese of Winona-Rochester, underscoring insurer-diocese payout friction. Market/Regulatory Watch: Wisconsin regulators set a Sept. 21 hearing on transferring control of SU Insurance Co. Industry Moves: Arkansas Blue Cross got approval to affiliate with Cambia while keeping local operations, effective Oct. 1.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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