✅ Passed #Louisiana P&C #Insurance Legislation ✅ Passed #Louisiana P&C #Insurance Legislation House Bill 148 (Act No. 11) — Effective August 1, 2025 Empowers the Insurance Commissioner to reject rate increases deemed excessive, inadequate, or unfairly discriminatory. Allows ordering refunds or additional premiums depending on findings. Requires prior-policy premium disclosure: the previous premium must be
State Farm in CA sent a… State Farm in CA sent a four-page letter to the California Department of Insurance pleading with regulators to allow an average rate increase of 22% for homeowners. Unfortunately that won't be enough and they will probably raise rates nationwide to help offset losses in CA. #insurance #StateFarm
On This Day in History: The… On This Day in History: The Birth of Prudential Financial (September 4, 1875) On September 4, 1875, Prudential Financial was founded in Newark, New Jersey, by John Fairfield Dryden. Originally named "The Widows and Orphans Friendly Society," the company was created to provide affordable life insurance to working-
On This Day in History: The… On This Day in History: The Creation of the Social Security Act (August 14, 1935) On August 14, 1935, President Franklin D. Roosevelt signed the Social Security Act into law, marking a significant milestone in the history of social insurance. This legislation was designed to provide financial security for Americans…
On This Day in History: The… On This Day in History: The Birth of Insurance (September 2, 1666) On September 2, 1666, the Great Fire of London broke out, devastating the city and destroying thousands of homes and businesses. This catastrophic event highlighted the urgent need for a system that could provide financial protection against such…
On This Day in History: September… On This Day in History: September 1st On this day in 1847, the first life insurance company in the United States, the "New York Life Insurance Company," was founded. It marked a significant step in providing financial security for families and shaping the insurance industry as we know
Looking for #insurance #agents to follow. Looking for #insurance #agents to follow. If that's you, let me know so we can yolk up on #nostr. It doesn't matter where you're from or if you're life and health or p&c. The industry is world wide. #asknostr…
