Yearly Archives: 2023

Is Buying Minimum Coverage Auto Insurance a Big Mistake?

Minimum coverage auto insurance refers to the minimum amount of auto insurance a driver must buy in order to avoid violating state law.Usually, this means it includes only bodily injury and property damage liability coverage, and the limits...

The flight of insurance from California

Environmental, social, and governance (ESG) policies continue to impact the insurance industry, with states such as California, Florida, Louisiana, and Colorado at the forefront of environmental changes, specifically due to catastrophic events. California has been one of the...

Allianz earnings drop as natural catastrophes hit Munich firm’s insurance business

By Louis Goss German financial giant Allianz on Friday saw its shares increase 2% as it posted a 4.5% uptick in revenues alongside a 14.6% drop in third-quarter profits, after its...

Assurant Board of Directors Authorizes Additional $600 Million in Share Repurchases and …

... renters insurance, lender-placed insurance products and other specialty products. Learn more at assurant.com or on X (formerly Twitter) @Assurant ... Source link

Phoenix ranks 16th for household spending among major U.S. cities

PHOENIX — A new study shows Phoenix ranks 16th for household spending on monthly bills among major cities.The report calculated the average cost of a family’s mortgage or rent as well as car loans, utilities, car insurance, cable/internet,...

Could troubled insurance company return to Florida market?

WEST PALM BEACH, Fla. — The report this week of a possible return of a Florida insurance company is being viewed as a positive sign to the state's struggling insurance landscape.The Insurance Journal is reporting that Anchor Insurance...
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