Yearly Archives: 2024

California homeowners could face property insurance hikes under new rules – Insurance News

(The Center Square) – California homeowners may face noticeable insurance rate hikes under new rules finalized by state regulators that allow property insurers to use complex climate algorithms — what consumer advocates call secret "black box" models —...

Obie Unveils Tenant Legal Liability Policy to Empower Real Estate Investors with Streamlined Tenant Risk Coverage

Obie Unveils Tenant Legal Liability Policy to Empower Real Estate Investors with Streamlined Tenant Risk Coverage Obie, a leader in modern insurance solutions for real estate investors, is proud to announce the launch of its Tenant Legal Liability (TLL)...

3 Insurance Stocks That Are Beating the Market in 2024

The importance and demand for insurance are constantly growing as economic and geopolitical risks surge, accelerating the industry’s growth. Also, with advancements in technologies and rapid urbanization, the market is poised for expansion. Against this backdrop, it could be...

Why this CEO sees ‘stabilization’ in home insurance market

WEST PALM BEACH, Fla. — The CEO of one of the larger insurance companies in Florida is expressing some optimism about the state's homeowners insurance."I do not believe you're not going to see some wide swings," Ernie Garateix,...

Auto Insurance Shopping Increased 19% Year over Year in the Third Quarter

The third quarter of 2024 saw a big spike in shopping for both auto and property insurance, according to a report by TransUnion (NYSE: TRU). Auto insurance was up 19%, while property insurance shopping rose 16%, compared...

Home insurance premiums increase heavily in some Utah counties

PROVO, Utah — Median home insurance premiums have been rising nationwide, hitting some of...
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