Yearly Archives: 2025

Oklahoma’s rising property insurance rates create money ‘Mayhem’ for consumers

Support JournalismOklahomans are facing skyrocketing homeowners insurance costs that outpace prices in other states...

Insurance provider Kin starts Florida mortgage business

Kin, a direct-to-consumer home insurance provider, has entered the mortgage broker business, starting in Florida, and offering a full array of mortgage and home equity products.The mortgage broker business is also direct-to-consumer and plans are to eventually expand...

AI-driven insurer MGT raises $21.6 mn Series B to scale AI-native insurance

MGT, an AI-first commercial insurer targeting small businesses, closed a $21.6 mn Series B that was oversubscribed. Mubadala Capital led the round, with Clocktower Ventures, Tacora Capital, and existing investors also in. The company plans to channel the...

Cost of spreading car insurance payments falls

Latest Consumer Intelligence marketView data shows the average cost of credit on monthly motor insurance payments fell from 10.6% in August 2024 to 9.7% in August 2025, continuing a year-on-year downward trend. Almost half of all active insurers...

Real Estate and Hospitality Sectors Facing Commercial Insurance Contrasts

Companies navigate divergent insurance trends as rates drop up to 20% for property coverage while liability premiums surge: Gallagher. ...

Moving Made Easier? State Farm’s Big Bet in California » Live Insurance News

State Farm just made waves in California. A new policy change now lets condo and renters insurance customers keep their coverage when they move. Sounds convenient, right? But there’s more beneath the surface than meets the eye. How...
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