WASHINGTON, April 5, 2024 /PRNewswire/ -- Putting the focus on reducing losses and speeding recovery from natural disasters, the National Association of Insurance Commissioners' (NAIC) Membership adopted the first-ever NAIC National Climate Resilience Strategy for Insurance to protect the nation's property insurance market.
The strategy was...
SANTA CRUZ, Calif. (KION-TV)- In March, State Farm announced they will be discontinuing home insurance coverage for certain homes and apartments in California.
Thousands of people living in Santa Cruz County are wondering where they...
FLORIDA – Colorado State University’s (CSU) preseason hurricane forecast could potentially have a detrimental effect on Florida’s property insurance rates. Industry experts said insurance companies may be forced to raise consumers’ premiums to protect themselves in case of major storms.CSU predicted an extremely...
New insurance companies approved in Florida market Eight new insurance companies were approved in the Florida market, which homeowners hope could stabilize the home insurance market. The Florida Office of Insurance Regulation (OIR) announced Wednesday that "following historic legislative reforms designed to...
PARADISE, Calif. — A nonprofit organization focusing on fair insurance practices, disaster preparedness and recovery held a meeting in Paradise to educate residents about the home insurance crisis in wildfire-prone areas.Non-renewals have become more common, with premiums doubling and tripling, forcing many to...
