ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.The meteoric rise in Florida property insurance rates is anticipated to stabilize after record increases over the last 24 months, but...
Democrat Representative Adam Schiff has proposed legislation in the US House of Representatives that would create a $50 billion federal backstop for catastrophe reinsurance.
Schiff, a California Congressman who is seeking the Democratic nomination for the US Senate, said the Incorporating National Support...
On Jan. 3, the North Carolina Rate Bureau requested that the N.C. Department of Insurance increase homeowners’ insurance rates by an average of 42.2 percent.
If the NCDOI...
California homeowners battered by the meltdown of the Golden State’s home insurance market will have a new place to voice their frustration in 2024 — at the ballot box.
The troubling issue is emerging as a key focus in the tight race for the...
Kelly-Moore Paints will cease operations and shut down immediately due to insurmountable costs from asbestos-related litigation, the company announced Friday.The abrupt closure ends an 78-year run for the company that originated in San Carlos in San Mateo County. Kelly-Moore moved its headquarters to...