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Study Stirs Debate on Real Impact of Litigation, Fraud on Property Insurance

An academic paper published in the Journal of Insurance Regulation seems to have rekindled the debate over how much of an impact litigation and fraud have had on property insurance losses and premiums, particularly in...

What Is Dog Liability Insurance and How Does It Work?

Key points Dog liability insurance can help cover the costs of medical expenses and repair bills if your dog injures someone or damages their property. It can also cover your legal fees and settlements if someone sues you after your dog injures them or destroys...

How soon could home insurance rates drop? 2025, says commissioner’s office

FRESNO, Calif. (FOX26) — As we reported last week, home insurance rates are going up for 200,000 California households insured by Allstate.The California Department of Insurance allowed the rate increases as it called on the insurer—and others—to write new policies.Proposition 103, which...

Louisiana homeowners insurance costs lead more seniors to reverse mortgages

Homeowners insurance costs are higher now than they have typically been, which has the potential to hit those living on a fixed income particularly hard. This could be one reason why a local NBC-TV affiliate in New Orleans is reporting that more of...