HomeHome Insurance

Home Insurance

‘People are paying too much’: Coalition could break up big insurance companies, Dutton says | Insurance (Australia)

The opposition leader, Peter Dutton, says the Coalition could seek to break up insurance companies found to be gouging policyholders and more competition is needed in the sector.In an interview with Sky News on Sunday, Dutton said the Coalition’s divestiture policy – which...

Property insurance bill would repeal 2022 reforms that stabilized the market, insurers say – Insurance News

A political titan has filed a provocative bill he says will reduce insurance costs in Florida — and the insurance industry doesn’t like his proposals. One provision would roll back recent restrictions on fees that attorneys can collect when they sue insurers. Another provision...

California commissioner denies State Farm insurance hike for now

8% CONTAINED. AND THE DEVASTATION CAUSED BY THE FIRES THIS WEEK IS PROMPTING SOME CONVERSATIONS ABOUT THE STATE OF FIRE INSURANCE HERE IN CALIFORNIA. A LOT OF PEOPLE ARE REALLY WORRIED ABOUT WHAT’S GOING TO HAPPEN WITH THIS TODAY, THE INSURANCE COMMISSIONER SAYS...

Some Mt. Charleston residents left without home insurance amid wildfire risk

LAS VEGAS, Nev. (FOX5) - The Los Angeles fires revealed the importance of having home insurance. However, as FOX5 discovered some home owners up in Mt. Charleston realized keeping their coverage was even more challenging than getting it in the first place. “Everywhere...

Georgia Senate Introduces Bill to Expand Homeowner’s Insurance Renewal Notice Requirements | Morris, Manning & Martin, LLP

Senate Bill 35 would amend O.C.G.A. § 33-24-46 to increase the notice period that insurance companies must provide to homeowners before non-renewing a property insurance policy from 30 to 60 days. The Bill made it out of the committee and had its Second...