WICHITA FALLS, Texas (KAUZ) - In a recent study by Lending Tree, Texas ranked 3rd for the most at-risk state of wildfires in the United State with expected loses of $240 million dollars annually. Texas had more than 7,500 wildfires in 2023. “A...
The cost of Denver homeownership is just one piece of what makes living here so ridiculously expensive.
Home insurance prices don't help.
Nationally, homeowners pay an annual average of $2,230 for $300,000 in home coverage.
Meanwhile, here in Denver, residents are paying $3,344 a year, according...
RALEIGH, N.C. (WECT) - Nearly one year after state lawmakers passed House Bill 488, effectively banning building code updates, Gov. Roy Cooper and other leaders say it’s hurting North Carolina.Cooper says the ban makes homes less safe and could cost neighbors affordable home...
LOS ANGELES, July 29, 2024 /PRNewswire/ -- Consumer Watchdog is asking Insurance Commissioner Lara to hold a public hearing on State Farm's new request for a 30% increase in its homeowners insurance rates because the company wants to use the money to improve...
Opinion by Daniel Kaniewski
(CNN) — Natural disasters can have devastating financial consequences for individuals and households, yet few are fully protected. With a record number of recent disasters, including severe storms, flooding and wildfires, and...
US home insurers suffered their worst underwriting loss this century in 2023, hit by a toxic brew of natural disasters, high inflation, and rising populations in high-risk areas, putting pressure on financial markets. Data from rating agency AM Best shows that insurers that...
