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Forced shifts of home insurance providers can be costly

Written by Abraham Galvan on March 12, 2024 Advertisement South Florida’s residential insurance rates are being impacted by a few obstacles including reinsurance, windstorm and other perils. There are two parts that add up to the total premium. The first part is the windstorm, which is...

Californians finding it hard to keep their homes insured amid skyrocketing rates, canceled policies

Tuesday, March 12, 2024 9:07PMMore and more Californians are finding it difficult, or even impossible, to keep their homes insured amid skyrocketing rates and policies being canceled by insurance companies.Copyright © 2024 KABC Television, LLC. All rights reserved. Source link

Iowa losing more insurers amid increased storm damage

A farm insurance company is dropping some Iowa customers, adding to the list of businesses cutting their losses after a series of storms that wreaked costly damage in the state.Michael Puerner, chief legal officer for Hastings Mutual Insurance Co., said in a March...

Florida Lawmakers Approve Surplus Takeouts but Stop Short on Nonrenewal Limits

A number of property insurance-related bills were introduced in the Florida Legislature this year – from a fundamental change to the Citizens Property Insurance Corp. coverage model to further limiting policy cancellations after a storm....

Louisiana Legislature convenes to enact conservative goals | Louisiana Politics

Gov. Jeff Landry and Republicans who control the Legislature will continue to put their stamp on government in Louisiana by enacting conservative priorities that have long eluded them when lawmakers convene Monday for their three-month regular session.Landry and the Republican legislators are coming...