Monthly Archives: January, 2025

Danny Burgess pushes for better notification from property insurers on rate changes, cancellations

Sen. Danny Burgess has filed legislation that would require homeowners policy insurers to give ratepayers better notification of policy cancellation, nonrenewal or rate changes. The bill (SB 128) would require 45 days’ written notice, mailed to the policyholder’s last...

American Driver Report: Policyholders shopped companies, increased deductibles, lowered coverage for cheaper auto insurance

Jerry, America’s AllCar app, found in its “2025 State of the American Driver Report” that rising car ownership costs are tightening household budgets and will likely shift planned spending this...

Insurance hikes gouge dealers’ bottom lines

The number Jerry Kocan of Four Star Freightliner gave was jaw-dropping.His insurance premiums on umbrella and property insurance increased by 80-90% over the last five years. He didn’t file a single claim. “I don’t understand,” he...

‘Can we both accumulate no-claims discounts driving the same car?’

My spouse and I recently decided to sell one of our cars. We each have an unblemished no-claims record of more than 20 years. If we went back to having two cars between us in the future, would one of...

Startup turns the tables on traditional home insurance with risk assessment database — but some homeowners are torn

Like the rest of the country, California is grappling with more intense and frequent extreme weather — and the fallout of skyrocketing insurance premiums and lost coverage. However, an insurance startup is taking a chance on homeowners in...

Misr Insurance, Al Ain Ahlia partner to drive digital transformation, knowledge sharing in sector

In a significant move towards digital transformation in the insurance industry, Misr Insurance and Al Ain Ahlia Insurance Company of the UAE have signed a cooperation protocol aimed at strengthening their collaboration in various key areas. The signing...
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