NEW ORLEANS (WVUE) - Rising property insurance costs are causing some homeowners in the New Orleans area to make concessions when selling their homes this spring.“They will lessen the price of the house or they will have the roof replaced before closing,” said...
ORLANDO, Fla. – Farmers Insurance Group is no longer writing new property insurance policies in Florida, the company confirmed to News 6 on Friday.A memo sent to agents and obtained by News 6 shows Farmers instituted a restriction on writing new policies in...
New You can now listen to Insurance Journal articles!It’s no secret that the U.S. property/casualty insurance industry does not always enjoy a sterling reputation among consumers. As one insurance professor recently put it, the industry’s...
Yes, there are some trade-offs to being insured by state-owned Citizens Property Insurance Corp.
But despite them, there’s little an argument that folks who rely on “the insurer of last resort” have been facing insurance rate hikes that rank among the lowest over the...
(Stacker) - In 2022, potential homebuyers saw home prices hit record highs around the country. The median sale price increased 10.2% from 2021, topping out at $386,300.Although sellers have been able to command these high prices due to high demand and low inventory,...
