According to a new report by the Actuaries Institute, home insurance premiums in Australia have risen significantly in the past year, causing some households to consider abandoning insurance altogether. The report states that premiums have increased by 28 per cent overall, and up...
The increasing frequency of severe weather events, especially in the past five years, is now accelerating the pullout of major insurance companies from states including Florida, Louisiana and most recently California, with some analysts now deeming those areas and other parts of the...
One might expect to see kids at a builder’s camp swinging hammers at nails, but on Wednesday enrollees in a Junior Builders Camp, hosted by the Building Industry Assn. of Southern California, were busy not at work sites but websites.During a three-day...
MILLIONS of Americans in one state have braced for higher emergency assessment rates.
Florida insurers agreed to a new home insurance fee that most state residents must pay.
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The surcharge is necessary to secure funds of insolvent insurance claims, according to Florida Insurance...
Amidst prevailing challenges, Vermont stands robust and poised to overcome them, affirmed Sandy Bigglestone, Deputy Commissioner of Captive Insurance at the Vermont Department of Financial Regulation.
Speaking on the concluding day of the Vermont Captive Insurance Association (VCIA) annual conference, Bigglestone, alongside Mike...
The devastating wildfires in Hawaii have come at a time of upheaval for the insurance industry, in a place that had not been considered very risky by underwriters.The state’s residents have generally paid low home insurance rates — the cheapest in the country,...
