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As Natural Disasters Get Worse, So Do Home Insurance Premiums

As natural disasters wreak ever more havoc across the country, so are they upending the home-insurance industry, which is passing along the higher costs of home maintenance to policy holders.According to a study by Policygenius, an online insurance marketplace, U.S. insurers paid out...

Hearing looks into wildfire prevention, home insurance

  photo credit: Noah Abrams/KRCBAssembly members hear testimony at the firstjoint info hearing on wildfire insurance in Santa Rosa on October 9th, 2023. Nearly six years to the day since the start of 2017’s catastrophic Tubbs Fire; state legislators gathered in...

Why are Florida insurance rates going up?

JR AND SMILEY CHARLES. A LOST CAUSE. THAT’S PRETTY MUCH WHAT ONE EXPERT GROUP IS SAYING ABOUT THE COST OF HOME INSURANCE IN FLORIDA AFTER TWO SPECIAL SESSIONS LAST YEAR AIMED AT LOWERING RATES. THEY JUST KEEP SKYROCKETING. WESH 2’S ANIKA HOPE FOUND...

Florida’s home insurance rates unlikely to drop soon

Do not expect your home insurance rates to fall anytime soon, despite lawmakers’ efforts nearly a year ago to fix the state’s insurance crisis. That’s the consensus of those in the industry and some state leaders who met in Tallahassee Tuesday to get an...

Study says insurance costs unlikely to fall despite legal reforms

Home insurance costs in Florida are unlikely to fall even as reforms enacted by the state Legislature last year drive down litigation rates, a national insurance analyst predicted in a newly released report. The report by Karen Clark & Company, titled “Managing Expectations: Why...