WEST PALM BEACH, Fla. — Patience is the word state officials are telling many Florida policyholders to have when it comes to insurance."I said we needed 12 to 18 months for their correction to take effect, and here we are at month 14,"...
Santa Rosa – Today, Reps. Mike Thompson (CA-04) and Jared Huffman (CA-02) were joined by realtors, home builders, agriculture leaders, insurance leaders, and fire survivors for a press conference at Santa Rosa’s Coffey Park in support of H.R. 7849, The Disaster Resiliency and Coverage Act of 2024, to help...
FLORIDA – As property insurance continues to be a hot topic of discussion for Floridians, thousands of Progressive customers are having to switch to a different insurance company after receiving a non-renewal notice from the company. According to Insurance Business, Progressive announced it...
The property insurance market in hurricane-prone Louisiana faces escalating challenges due to rising premiums and the expenses of claims following severe weather events, according to analysts at Moody’s Ratings.
Moody’s recent report highlights Louisiana’s vulnerability to destructive storms, prompting insurers to exit the market....
DENVER (KDVR) — Gun legislation continues to advance at the Colorado Capitol before lawmakers wrap up for the year. A bill requiring gun owners to insure their guns cleared another hurdle Wednesday.
The bill took a big step by advancing to the Senate floor....
(Bloomberg) -- Seven property insurers in Florida went bankrupt in 2021 and 2022. The bankruptcies left thousands of homeowners scrambling to get new coverage, which often came with a big increase in cost. Worse, many had outstanding claims for hurricane damage that had...
