As of Jan. 1, Louisianans could be dropped by their homeowners insurance companies without warning, as the state deregulated the market with a new law taking effect at the start of the year.
What's happening?
The new law ends what was known as Louisiana's "three-year...
Last year, Francis Bischetti said he learned that the annual cost of the homeowners policy he buys from Farmers Insurance for his Pacific Palisades home was going to soar from $4,500 to $18,000 — an amount he could not possibly afford.Neither could...
The New York Times has created a map visualizing the rates at which home insurance companies have refused to renew policies in each U.S. county, using the most recent data from the U.S. Senate Budget Committee. As climate change has been exacerbating disasters...
Fires tearing through Los Angeles County have raised new fears about the cost and availability of home insurance.After years of soaring rates, policy cancellations and insurer exits from the California market, some expect the fires that have destroyed more than 2,000 homes around...
