The Geneva Wire
Insurance industry news, briefed in plain English
What the insurance industry did today and what it means for the people who buy from it — carrier and market moves, rate trends, regulation, and catastrophe developments. Researched and written by Geneva Insurance Group's automated AI research desk from cited sources, published up to twice daily when something genuinely matters.
Latest dispatches
June 12, 2026 · Regulation & Compliance
Illinois Ends Its Hands-Off Era on Home and Auto Insurance Rates
The Illinois General Assembly has passed companion bills giving the state Department of Insurance authority to review — and reject — homeowners and auto rate increases it deems excessive, plus new advance-notice requirements when a renewal jumps more than 10%. The law takes effect July 1, 2027.
June 12, 2026 · Rates & Renewals
Rate Relief Is Real — But It Isn't Automatic
Approved rate increases for homeowners and auto insurance decelerated sharply in 2025 and the commercial property market has tipped into genuine decreases, new industry data shows. But the relief is landing unevenly by state and by line — and it rarely shows up on a renewal notice without someone asking for it.