OKLAHOMA CITY (KOKH) — As hail, wind, wildfires, and tornadoes sweep across Oklahoma, residents are feeling the impact on their home insurance costs.A new report from Insurify reveals that Oklahoma homeowners can expect their home insurance premiums to rise by 8% this year,...
If you're shopping for home insurance rates, you have more choices this year than you did in previous years.Another home insurance company is opening in Florida, and it's set to take over 30,000 policies from state-run Citizens...
Severe weather from hurricanes and other weather events has not spared the state’s public schools, resulting in skyrocketing property insurance costs, the Houston Chronicle reported. Insurance costs for districts have increased by 44% statewide in the past five years, according to TEA.
The problem is particularly...
The National Flood Insurance Program (NFIP) will expire on Sept. 30, leaving 5 million American homeowners without flood insurance, unless Congress acts to extend coverage. Rep. Troy Carter (D-La.) recently introduced a bipartisan bill to extend the NFIP's federal authorization until Dec. 31,...
Increasing movement of homeowners insurance risk to the U.S. surplus lines market has continued to contribute to growth for nonadmitted insurers.
According to a report from AM Best, surplus homeowners direct premiums written in 2023 eclipsed...
