Florida consistently ranks among the most expensive states for car insurance, with average annual costs higher than the national average.Factors contributing to high rates include frequent hurricanes, a higher-than-average accident rate, and Florida's no-fault insurance system.Experts predict car insurance rates in Florida will...
TAMPA, Fla. — Last week Gov. DeSantis said big rate decreases were coming for Citizens policyholders in South Florida. But insurance experts said rates dropping in South Florida means rates will have to go up in other parts of the state.A new document...
Insurance companies operating in Colorado would be required to inform homeowners of ways they could reduce the risk of wildfire to their properties and subsequently pay less in premiums under a bill introduced this week in the state legislature.
House Bill 1182 would also...
Homeowner Surcharge to Bailout Insurers for FAIR Plan Losses Unfair and Illegal, Says Consumer Watchdog
Homeowner Surcharge to Bailout Insurers for FAIR Plan Losses Unfair and Illegal, Says Consumer Watchdog
PR Newswire
LOS ANGELES, Feb. 11, 2025
LOS ANGELES, Feb. 11, 2025 /PRNewswire/ -- Insurance Commissioner Ricardo...
By JENNIFER SINCO KELLEHER, Associated PressHONOLULU (AP) — Hawaii’s Supreme Court ruled Monday that insurance companies can’t bring their own legal actions against those blamed for Maui’s catastrophic 2023 wildfire, the deadliest in the U.S. in more than a century. The ruling allows...