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As insurers around the US bleed cash from climate shocks, homeowners lose

At first glance, Dave Langston’s predicament seems similar to headaches facing homeowners in coastal states vulnerable to catastrophic hurricanes: As disasters have become more frequent and severe, his insurance company has been losing money. Then, it canceled his coverage and left the state. But...

Silver Lake Bible Camp scrambling for insurance after Gray Fire

The camp suffered more than $5 million in damages during the Gray Fire. The camp's insurance company did not renew its policy with the camp. ...

Our Health Insurance Ratings Methodology

How we rate health insurance  We evaluated 129 health insurance companies by weighing key factors of top health insurance plans and scoring the following metrics. Cost We analyzed more than 864 Affordable Care Act (ACA) marketplace rates to determine the average cost of health insurance plans. >>...

AM Best Revises Issuer Credit Rating Outlook to Negative for Farmers Mutual Insurance Company of Nebraska

OLDWICK, N.J., May 23, 2024--(BUSINESS WIRE)--AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of "a+" (Excellent) of Farmers Mutual...

Patent Issued for Roadside assistance system (USPTO 11972688): Allstate Insurance Company – Insurance News

2024 MAY 22 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- From Alexandria, Virginia, NewsRx journalists report that a patent by the inventors Adcock, Christopher (Henrico, VA, US), Barth, Kim (Northbrook, IL, US), filed on May 27, 2021,...