Monthly Archives: October, 2025

State Farm files 10% rate cut for auto insurance customers

State Farm is getting in on Florida’s auto insurance rate-cutting action. In a news release on Thursday, State Farm said its latest rate cut would bring down premiums for its customers by an average of 10%. Going back to October...

‘Each decade is costlier than the last’

Extreme weather in Australia is costing insurers $4.5 billion annually, a figure that has tripled over three decades, 9 News reported. This increase is largely due to climate-related weather events like floods, as outlined by the Insurance Council...

Is your roof covered? Understanding snow weight, ice dams, and collapse coverage

When renters insurance steps in to cover stolen motorcycle gear. Source link

Why are insurance rates going up?

Insurance rates are going up because of inflation, higher claims costs, and insurers adjusting to rising risks. Rising premiums affect millions of households and businesses across home, auto, and health coverage.For people who just received their insurance renewal...

PHLY Makes Largest Acquisition in Its History With Collector Car Business Expansion

Philadelphia Insurance Companies announced the acquisition of the Collector Vehicle Division from Ignyte Insurance, a Carlyle backed portfolio company. The transaction, valued at $615 million, is the largest acquisition in the...
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