Soaring home prices, the nation’s most expensive property insurance market, high interest rates and increases in construction costs are all contributing to a housing affordability crisis in a state that cannot keep up with the demand.@tuiphotoengineer - adobe.stock.comAs a native Floridian, I’ve...
NEW ORLEANS (WVUE) - More Louisiana homeowners will have an opportunity to apply for state grants to harden their roofs starting on Nov. 6.The Louisiana Department of Insurance held two rounds of accepting applications in October, but it was limited to people who...
In November 2022, it was Allstate. Seven months later, State Farm followed suit and publicly announced it would no longer accept personal or business applications for casualty or property insurance in California. The reason? California, the nation’s most populous state, is too much...
Four more home insurance companies are leaving California, continuing a trend that has been ongoing throughout 2023.In state filing documents, Kemper Independence Insurance Co., Merastar Insurance Co., Unitrin Direct Property and Casualty Insurance Co., and Unitrin Auto and Home Insurance Cos. — all...
