HomeHome Insurance

Home Insurance

V.I. Property Insurance Squeeze May Not Loosen Soon

Market forces limiting the availability of property insurance in the Virgin Islands and raising prices could begin to level off, officials told the Senate Monday. But it hasn’t happened yet. A so-called hard market, where large insurance companies charge more to cover potential losses...

Scherer: More regulations are not the answer to wildfires and property insurance

Nate Scherer Submitted photo By Nate Scherer | Policy Analyst, American Consumer Institute It doesn’t take a climate scientist to tell you that wildfires are wreaking havoc on large swaths of the country. Propelled by a warming climate, poor forest management practices, a lack of adequate risk mitigation strategies, and...

Helene Dumps Rain on Millions of US Homes That Lack Flood Insurance

On Thursday night Helene crashed into Florida’s coast as a Category 4 hurricane. The giant storm with 140-mile-per-hour winds made landfall close to where Hurricane Debby hit in August and where Idalia struck just over...

Candidates for Washington isurance commissioner disagree over health care, gun liability – Insurance News

Sep. 27—It's been 24 years since Washington elected a new insurance commissioner. Last year, outgoing Commissioner Mike Kreidler announced he would not seek re-election. His departure came as no surprise after he fell under public scrutiny for reportedly using racist language when speaking with...

Candidates for Washington isurance commissioner disagree over health care, gun liability

It’s been 24 years since Washington elected a new insurance commissioner. Last year, outgoing Commissioner Mike Kreidler announced he would not seek re-election. His departure came...

Jared Moskowitz wants to spread property insurance risks nationally – Insurance News

Hurricane Helene’s ultimate impact is still being discovered, but a Congressional Democrat who served previously as Florida’s director of Emergency Management thinks it’s necessary to smooth out the impacts for storms nationally and “spread this risk around.” This article is available to Insider Pro...