Nationwide hikes in home insurance premiums resulting from climate change have impacted Illinois residents, prompting legislators to work to pass a bill that would allow them to...
U.S. property insurance premiums are projected to reach $546.2 billion by 2030, up from $432.9 billion in 2026, as insurers continue to adjust to catastrophe losses, inflation and rising reinsurance costs, according to GlobalData.
The forecast reflects a compound annual growth rate of 6%,...
COLORADO (KOAA) — Lawmakers at the Colorado State Capitol unveiled a bill they say would make property insurance across the state more affordable.The legislation looks to stabilize Colorado's homeowners insurance market by creating a grant program to help community members fortify their roofs...