Monthly Archives: January, 2025

Average amount owed on upside-down auto loans hits an all-time high

A growing number of consumers are trading in cars and trucks that are worth much less than the amount of money they still owe on their autoloans — and what they owe is shattering records.Get a new car...

Insurance screws over thousands of LA homeowners before the Palisades Fire — states could face ‘full-scale financial crisis’

Photo Credit: Getty Images January wildfires in Southern California have created significant property damage and destruction that few could have predicted — except for insurance companies, who pulled policies months before the blaze. What's happening? CBS News, citing data from...

12% Rate Hike on the Way for Thousands of California Home and Condo Owners

Table of contentsTable of contentsCompare quotesCalifornia Automobile Insurance Company won state approval for a 12% rate increase that will affect nearly 600,000 homeowners, condo owners, and renters in the Golden State.The rate hike, which will spawn an average...

Confused.com Has Data on Car Safety Ratings –

Governments around the world crash-test new cars all the time, which is good news from insurance brands as they can collate the data on ADAS, airbags, brakes, lighting and other safety features. Here’s some info from Confused.com; According to...

New property insurer approved for Florida, plans 81,040 Citizens takeouts – Insurance News

Another new property insurer has been approved by Florida regulators to offer coverage in the state — the 11th since the Legislature enacted reforms to shore up insurers’ bottom lines. Mangrove Property Insurance, based in St. Petersburg, was approved...
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