Although many have finished cleaning up from last week’s storms, their damage continues. Paying for home…
Category: Insurance
New Policy Permits Potential Rise In Some California Home Insurance Rates
Because of the possibility of wildfires, many Californians are seeing increases in their house insurance rates…
How Claims Processing Technology is Reshaping Consumer Insurance Decisions
A recent poll by Insurity, a pioneer in cloud-based insurance software and analytics, found that 52%…
Some U.S. States May See Car Insurance Rates Increase by Over 50% This Year – REPORT
Car insurance costs have skyrocketed, and it’s not your imagination. Insurify, an online insurance marketplace, reported…
Here’s Why Auto Insurance Premiums Are Soaring in California
Auto insurance premiums have been soaring around the country, but drivers in California have been hit…
US Homeowners Face High Costs And Uncertainties With Earthquake Insurance
Standard homeowner’s insurance won’t cover earthquakes, so coverage must be purchased separately. “Many insurance companies stopped…
Auto Insurance Rates are Accelerating, Potentially Climbing 22% by the End of the Year
Surging auto insurance premiums are revving up again, keeping the financial pressure on millions of Americans…
US States Sue Biden Administration Over Rule Extending Health Coverage to DACA Immigrants
On Thursday, a consortium of Republican-led states filed a lawsuit attempting to prevent the Biden administration…
U.S.: Suze Orman Drops Homeowners Insurance After Receiving an Outrageously High Quote
Hurricane Debby made landfall in Florida on Sunday before moving up the east coast as a…
Humana Stock Falls Despite Q2 Earnings Beat, Lowers Profit Forecast
Humana Inc reported a second-quarter adjusted EPS of $6.96, down from $8.94 a year ago and…
US Sues Leading Car Insurer Over Mandatory Unnecessary Policies
The United States Department of Justice is investigating an Allstate-owned insurance company for allegedly imposing collateral…
2023 saw the Highest US Homeowners Insurance Underwriting Loss of the Century
When the rising cost of property and catastrophe reinsurance in the United States is cited as…
FEMA Extends Flood Insurance Discounts for SW Florida by Several Months
Communities in southwest Florida will continue to receive discounts on National Flood Insurance, at least for…
General Motors is a Giant Insurance Firm With an Attached Auto Company – Warren Buffett
In a 2006 interview with Charlie Rose, Warren Buffett, the Oracle of Omaha, revealed some surprising…
New Medicare Rule May Require Seniors to Change Health Insurance Plans
A new Medicare rule might force seniors to switch health insurance plans or pay a substantial…
TWFG Insurance Broker’s US IPO Surpasses Target, Raising Approximately $187 Million
TWFG, Inc., a Texas-based insurance broker, began trading on the Nasdaq Global Select Market today under…
Allstate Seeks to Increase California Homeowners Insurance Premiums by 34% on Average
Allstate plans to boost its California homes insurance premiums by an average of 34%, the highest…
AutoRek Partners J.P. Morgan Payments on Insurance Company Receivables
AutoRek, an insurTech business, has teamed with J.P. Morgan Payments to improve data connectivity and streamline…
California Homebuyers Face $10,000 Annual Pain in Home Insurance
California’s high property prices and scarcity of inventory have already created one of the most terrifying…
Proposed Rate Increase for Citizens Insurance May Affect Millions in Florida
More than a million Florida customers may soon face another raise in their insurance rates. The…
Rising Insurance Costs Force Louisiana Woman to Sell Her Home of Nearly 30 Years
Many Louisiana homeowners are suffering from skyrocketing insurance costs, and prices are expected to rise even…