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Citizens Insurance presents double-digit rate hike proposal at Board of Governors meeting

TALLAHASSEE, Fla. – The Citizens Board of Governors on Wednesday will hear a proposal for double-digit rate hikes, set to be in place by year’s end.Florida’s Citizens Property Insurance Corp. earlier this month revised its latest rate hike proposals by settling on an...

Southern California tops wildfire risk rankings as insurance gets harder to find – Orange County Register

Thre Southern California counties have the nation’s highest wildfire risks – and getting insurance to protect property is getting harder to find. A report from First Street Foundation says a growing number of Americans are finding it difficult to afford insurance on their homes,...

Elderly Carencro woman loses everything in a fire; no home insurance

CARENCRO, La. (KLFY) — A Carencro woman is in need of the communities help after the home she lived in for 50 years was damaged in a fire. Joyce Goodie, 69, lived on Raceway St. in her home for almost 50 years and now...

Climate change adding to insurance price hikes

WEST PALM BEACH, Fla. — A new study released this month examined how climate change is affecting property insurance and driving up rates."The climate connection, you can't deny it," Jeremy Porter of the First Street Foundation said.The study, titled "The 9th National Risk...

California’s New Insurance Plan Is Controversial. Here’s Why

It happened like clockwork. On Thursday, Gov. Gavin Newsom issued an executive order calling for swift action to expand insurance coverage options for consumers. Hours later, California Insurance Commissioner Ricardo Lara outlined what he termed “the largest insurance reform” in decades.The regulation, to be...