Yearly Archives: 2023

‘We had to get flood insurance on one house that will never flood’: Moving to Florida? Read this first.

By Aarthi Swaminathan 'It's making it unaffordable to live,' says one Florida homeowner When Carlee Simon, 46, moved to Alaska from Florida for a new job in May, she was in for...

Businesses Bracing For Recession While Reversing Pandemic Cuts

Business owners' concerns about U.S. economy have increased significantly since fall 2022, according to a new Nationwide survey ...

California insurance market rattled by withdrawal of major companies – Boston 25 News

LOS ANGELES — (AP) — Two insurance industry giants have pulled back from California's home insurance marketplace, saying that increasing wildfire risk and soaring construction costs have prompted them to stop writing new policies in the nation's most...

CA insurance commissioner won’t take action against State Farm

California Insurance Commissioner Ricardo Lara does not plan on taking any action against State Farm after the insurance giant announced it was no longer accepting applications for new home insurance policies last month. "Absolutely not," Lara told KCRA...
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