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Iowa homeowners face shocking insurance rate hikes amid economic challenges

CEDAR RAPIDS, Iowa — Homeowner insurance rates are spiking in Iowa and across the country, with some rates nearly doubling.Amy Curtis, a Cedar Rapids resident, was shocked when her home insurance rate jumped from $1,200 to $2,100. Now, she’s adjusting her budget...

Why insurers are losing but still winning big

These days, buying home insurance feels like playing roulette in a casino, where the spinning wheel is nature itself—unpredictable, relentless, and increasingly unforgiving.Like gamblers at the table, homeowners place their bets—buying policies and coverage options—to ensure they aren’t left financially ruined because of...

Rising costs hit Va. auto, home insurance markets Rising costs hit auto, home insurance markets in Virginia – Insurance News

The background: Virginia regulators say the state's insurance market is generally in better shape than in other states. What's new? Inflation - higher prices for cars and for homes - is having an effect on insurance rates. What's next? A nationwide database of information from...

Citizens Property Insurance denied 77% of Florida homeowners’ claims from Hurricane Debby, new data shows

FLORIDA – Citizens Property Insurance denied 77% of homeowners claims from Hurricane Debby, according to new data from the Allbritton Journalism Institute.RELATED | Florida Democrats sound the alarm as hurricane season collides with property insurance, affordable housing crisesHurricane Debby was the first of...

Things are changing fast in the home insurance market

In the weeks after Hurricanes Helene and Milton hit the Southeast, the price to rebuild has become a contentious...

Former Sen. Jeff Brandes blames lack of leadership in Tallahassee for insurance crisis

Former state senator Jeff Brandes says a lack of legislative leadership is making it impossible to solve Florida’s ongoing property insurance crisis. Brandes, speaking on WMNF WaveMakers with Janet & Tom, said term limits mean legislative leaders like Senate presidents and House speakers are...