A RESIDENT owned his home for 40 years before his insurance randomly informed him of property issues after adopting new tech.The Malden, Massachusetts homeowner said his longtime insurer had never notified him of any issues before insurance companies began using drones for aerial photos...
click to enlarge The state’s Citizens Property Insurance Corp. added nearly 5,000 policies last week, before the annual hurricane season started Saturday. Citizens had 1,193,484 policies on Friday, up from 1,188,557 policies a week earlier...
https://www.youtube.com/watch?v=-vg6wT4QSLQ
WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA) today delivered a speech on the U.S. Senate floor demanding Congress take action to halt the massive hikes to National Flood Insurance Program (NFIP) premiums caused by Risk Rating 2.0. Cassidy shared stories from constituents struggling...
According to the Insurance Research Council (IRC), the average homeowners insurance expenditure has become less affordable for U.S. consumers over time.
Looking at the the years 2001 to 2021 — the latest year in which relevant...
"Affordability is becoming an issue in a great number of parts of the country. Some parts have difficulty even getting insurance."
Bill Gatewood, national personal insurance practice leader at Burns & Wilcox
Even those who can afford to buy a home these days must ask...
