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Supply chain issues could delay home repairs after a storm

OMAHA, Neb. (KMTV) — Tuesday night’s hail storm left damage to so many homes in Maria Marcos’ neighborhood in Omaha.Marcos said damage was the first thing on her mind as those storms rolled in."Within 10 minutes huge balls of hail was falling in,"...

As insurance costs skyrocket, locals brace for impact

As John Landry began a phone conversation with his insurance agent, he was asked if he was sitting down. “I said no, but I can,” Landry said. Standing or sitting, the news was downright flooring. The home insurance on Landry’s Gassen Street house in Luling...

Property insurance does not cover restaurants’ ‘physical loss’ from COVID-19

Based on the judge’s scorekeeping, restaurants bringing COVID-19 business interruption cases against insurance companies are batting zero so far. (Photo: Mehaniq/Shutterstock) The courts are continuing to rule that businesses cannot recover their financial losses due to closures during the pandemic under their business liability policies. Judge Britt Grant’s opinion...

Will Your Home Insurance Cost More in 2022? Bankrate Finds Out.

Home insurance rates are on the rise, and in most states, homeowners are bracing for more increases. S&P Global Market Intelligence reported that, since January 2022, insurance carriers have filed 177 requests for home insurance rate increases in 43 states, with Arizona topping...

Second Home Insurance: Insuring Your Vacation Home

Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, whom we will always identify, all opinions are our own. By refinancing your mortgage, total...

Florida’s special session on property insurance is ‘unlikely to alleviate immediate financial pressures,’ says agency | Florida News | Tampa

click to enlarge The financial-rating agency AM Best said Friday that changes passed during a special legislative session last month “are unlikely to alleviate immediate financial pressures” on Florida property insurers. A three-page commentary pointed,...