AUSTIN, Texas — A powerful explosion tore through a quiet Northwest Austin neighborhood Sunday morning, flattening one home, damaging more than two dozen others, and sending six people to the hospital—two of them in critical condition.Just before 11:30 a.m., emergency crews responded to...
Intact Financial Corporation, a Canadian property and casualty insurer, has estimated total catastrophe losses for the first quarter of 2025 of approximately $244 million, pre-tax and net of reinsurance.
Personal lines contributed $82 million, while commercial lines losses were higher at $162 million.
The insurer’s...
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Even though it happened on September 27, homeowners still face the repercussions of Hurricane Helene. However, this damage isn't from the high winds and flooding. Western North Carolina homeowners, like Rene Schiffhauer's family, are receiving policy cancellations from their insurance...
The plan to lower the cost of homeowners insurance in Colorado sounds counterintuitive.
But state Insurance Commissioner Michael Conway and Democratic lawmakers believe adding a 1% fee to policies sold statewide could, in the long run, make premiums less expensive. That fee likely would...
Finding home insurance in Florida is becoming more difficult, with companies steeply raising prices and declining coverage.
What's happening?
An exceptionally tough insurance market is pricing people out of Florida, forcing some to sell their homes and move to more affordable states. This issue especially...
