Surety bonds “provide financial protection to businesses, families, and consumers by guaranteeing contractual obligations are met through the securement of a bond,” according to the Surety and Fidelity Association of America. (Photo: Vitalii Vodolazskyi/Adobe Stock)
Independent insurance agents have...
A few weeks ago, more than half of the private homeowners insurance providers in FL were slated to be downgraded by the financial analysis firm that rates them.
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Inflation, a labor shortage, effects from the lingering COVID pandemic and increasingly devastating fires are boosting the cost of insurance for homes, cars and businesses.
“Everything,” said Sunnyvale insurance agent Steve Nelson, “has gone up.”
The pandemic and high costs...
SALEM, Ore. (KTVZ) – Insurance companies in Oregon did not use, and currently have no plans to use, the state's controversial wildfire risk map in their decision-making, according to data...
