Colorado wildfires are making it harder for homeowners and businesses to buy property insurance, and now the General Assembly is poised to create a public insurance plan to serve as a last resort for those who can’t find policies on the open market.
A...
But the legislation will likely do little to slow the double-digit rate hikes insurance carriers have proposed for the coming year ahead of the next hurricane season. Florida’s property insurance market has been teetering on the brink of collapse in recent years, leaving...
The tornados that recently tore through Sharkey County, Mississippi, left a trail of horrific damage. More than 20 people were killed–an unusually high toll for a single event. Natural disasters cause substantial property and economic damage to the U.S. every year, but because...
click to enlarge
The Citizens Property Insurance Corp. Board of Governors on Wednesday will consider a plan that would lead to double-digit rate increases for homeowners across the state. The plan would lead to a 12...
Severe storms and tornadoes pummeled the Mississippi Delta region on Friday night, killing at least 26 people and leveling homes, flipping cars and knocking out power as it left a trail of destruction across Mississippi and Alabama.Homeowners likely will face a long road...
