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)...
Florida homeowners are still paying a lot of money to insure their homes, but for the past few months, WESH 2 has reported on some of the promising trends that could help stabilize the home insurance market.In its...
CAPE CORAL, Fla. — It's hard to believe Hurricane Ian hit nearly two years ago, because it seems longer than that sometimes. For some, it's still impacting them today. Images and sounds from Hurricane Ian are still vivid...
(KRON) — With homeowners across the Bay Area and the state being dropped by insurance companies mostly due to fire risk, Gov. Gavin Newsom has proposed speeding up the review of insurance companies’ rate hike requests to just...