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New survey reveals two key factors blamed for skyrocketing home insurance costs: ‘Alarming trends’

A new survey reveals that voters believe two factors are mostly to blame for rate hikes in the insurance industry — and they believe accountability is lacking.What's happening?In March, Data for Progress and the Insurance Fairness Project polled more than 1,200 "likely" voters...

SIEPR survey: Californians weigh in on home insurance crisis, economic outlook

Three months after the Los Angeles-area wildfires added more fuel to California’s growing home insurance crisis, residents of the Golden State say there’s plenty of blame to go around for the rise in policy cancellations and coverage costs, according to a recent survey...

How home and auto insurance shopping is changing – report

The switching rate for home insurance was 2.5%, a decrease of 0.2 percentage points from the prior quarter, although it was up slightly year-over-year ... Source link

Insurance Markets Need More Choice and Competition

Editor's Note: The following piece originally published on The Independent Center's website and has been republished with permission from the organization.   The Los Angeles County wildfires are estimated to cost a staggering $250 billion, making them one of the costliest natural disasters in United States history....

Is California’s FAIR Plan working? Fire victims have complaints

Good morning. Here’s what you need to know to start your day. Newsletter You're reading the Essential California newsletter The most important California stories and recommendations in your inbox every morning. ...

Omaha woman experienced insurance rate spikes after 2024 tornado

KETV Investigates discovered a North Omaha woman said her home insurance rates shot up nearly $500 in one year. Insurance told her it was a result of tariffs and preventative maintenance - due to increased storm activity.Last year, tornadoes damaged many Omaha-area homes....