Extreme weather events, widespread premium increases, and long repair cycle times have strained customer satisfaction with the homeowners insurance claims experience, according to the J.D. Power 2025 U.S. Property Claims Satisfaction Study.
Mark Garrett, Director of Insurance Intelligence at J.D. Power, said, “There were...
BOISE, Idaho — Idaho had a devastating wildfire season in 2024. According to the Idaho Department of Insurance nearly one million acres burned, around 200 structures were destroyed and that included around 40 people losing their home because of wildfires."It was difficult and...
State Farm can raise homeowners, renters, condo, and landlord policy insurance rates in California — at least until April 8, when the state's largest property insurer must prove in a public hearing that it really needs the increase.
If it fails to make its...
It may not feel like it when you’re writing checks left and right in the middle of a renovation project, but home improvements can actually save you money in the long run. In addition to boosting your home’s property value, preventing potential damage,...
California Insurance Commissioner Ricardo Lara has allowed a provisional emergency interim State Farm home insurance rate increase following the January wildfires while raising questions about the company’s financial stability.
The CDI said in a press release...
People look to insurance companies for help after environmental disasters, but a report has shown how the industry's investments might contribute to these catastrophes.
What's happening?
Capital & Main published an article exploring the link between insurance companies and Big Oil. According to the piece,...