Monthly Archives: May, 2024

N.J. has the 5th highest car insurance rates in the nation, report says

New Jersey has the nation’s fifth-highest yearly car insurance rates, according to the latest report from MarketWatch Guides.High repair costs and more car accidents are driving the rates, insurance advocates said. But consumer advocates argue that insurance companies...

Want a permanent solution to Florida’s homeowners insurance crisis?

My daughter is a reporter. She won an Emmy for her in-depth follow-up story on Fort Myers Beach: “Paradise Lost, Six Months After Hurricane Ian.” We all knew about the devastating destruction people suffered, but six months later...

American National Exiting Homeowners Insurance Market

Following its announcement several months ago to leave the homeowners insurance business in nine states including California and Louisiana, American National appears to be exiting the line in all states. According...

The BI Top 10: Week of May 27, 2024 | Business Insurance

The looming hurricane season drew the attention of many readers this week; captive news was also of interest. Source link

AM Best downgrades ratings of Farm Bureau Mutual Insurance Company of Arkansas

Credit rating agency AM Best has downgraded the credit ratings of Farm Bureau Mutual Insurance Company of Arkansas, Inc. (FBMICA), a regional insurer, due to severe weather-related losses. The Financial Strength Rating dropped from B+ (Good) to B (Fair)...

Six ways to lower your car insurance costs – KMVT

... Six ways to lower your  ... Source link
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