After years of losses, fortunes have changed in boardrooms in Bermuda and London. Reinsurers, who backstop the global insurance industry, are seeing healthy profits.An extraordinary spate of wildfires, hurricanes and other disasters wreaked havoc on the reinsurance industry for several years, spurring wide-reaching...
For many homeowners, the idea that an insurance company might quietly fly a drone, or pull satellite images, over their house feels unsettling. Not because they’re hiding something, but because home insurance has traditionally involved human judgment: an adjuster on the ground, a...
A rewards program for Florida homeowners without a claims history are among the property insurance-related bills that could lower your bill.The state’s Republican leaders say the chief culprit in the state’s notoriously expensive property insurance market — excessive litigation — has been tamed,...
ROCHESTER, Minn. (KTTC) – A Rochester homeowner is fighting two insurance companies in court after both denied coverage for fire damage to his townhome, leaving him without resources to repair the property more than two years later.Josh Hedin’s townhome was destroyed by fire...
