California insurance commissioner used to be considered a cushy landing pad for politicians to collect a paycheck while building statewide name recognition. That’s because recent deadly wildfires exposed a crisis hiding in plain sight.Article continues below this adInsurance premiums in California hadn’t sufficiently risen...
Listen to article • 0:00 minWASHINGTON — A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos, and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings.The analysis...
Severe weather events are becoming increasingly common due to climate change, and the cost of home insurance is rising across the country as a result. On Wednesday, the House Committee on Commerce and Consumer Affairs voted unanimously in favor of a bill that...
By JOSH BOAK
WASHINGTON (AP) — A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings.
The analysis by...
