HomeHome Insurance

Home Insurance

States with the highest average annual home insurance premiums

No. 7: Kentucky Average annual premium on a $250,000 dwelling: $2,009“Kentucky experiences strong summer storms that can cause damage from wind, hail and water. One of the biggest risks in the state is flood damage, with a large number of counties at a...

Proposed amendment would lower annual property tax increases for Florida homeowners

TALLAHASSEE — A constitutional amendment that will give voters the opportunity to modestly lower the annual increases of the assessed value of their property is moving through the Florida Legislature intended for the 2024 ballot. It could result in lowering annual increases in...

DeSantis Turns Heads with Comment that Citizens Insurance ‘Not Solvent;’ Board Approves Cat Bond

New You can now listen to Insurance Journal articles!Florida Gov. Ron DeSantis raised some questions Friday when he suggested that Citizens Property Insurance Corp., the state-created insurer, has “not been solvent” and may be unable...

9 Louisiana insurance companies apply for new incentive program

Commissioner Donelon released an update about the strategy to take the pressure off Citizens.Louisiana Insurance Commissioner Jim Donelon recently held a news conference during which he released an update about the new incentive program in the state.The announcement revealed that 9 insurers selling...

Florida politicians poised to screw insurance customers

Editorials from The Palm Beach Post Editorial Board are the opinions of the Board, not of the Post newsroom.Anyone who wonders what's wrong with Tallahassee need look no farther than the insurance legislation now pending, and which the Governor, Senate president and House...

Laferla signs insurance agency agreement with MAPFRE MSV Life

Laferla Insurance Agency recently signed an agency agreement with MAPFRE MSV Life, in a move that sees Laferla and MAPFRE elevate their relationship in the life assurance sector in Malta. Through this new agreement, Laferla, which previously acted as a tied insurance intermediary for...