Extreme weather patterns in Colorado are wreaking havoc on home insurance, according to The Denver Post.What's happening?Massive costs from wildfire and hail have had insurance companies make extreme adjustments to their pricing. One homeowner had their rates increased 740% from $4,677 to $34,600...
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,...
