HomeInsurance

Insurance

More Florida homeowners are self-insuring amid property insurance crisis. Here’s what that means

ORLANDO, Fla. – Amid Florida’s property insurance crisis, more Floridians are taking protecting their property into their own hands.Some are doing away with property insurance and self-insuring.The number of Floridians self-insuring their homes has increased over the last year, according to the Insurance...

Berkeley Co. Fire charging insurance companies for emergency responses

BERKELEY COUNTY, S.C. (WCSC) - A new ordinance approved in Berkeley County will allow fire departments to implement and charge mitigation rates to insurance companies.This means if you get in a car crash or your house burns down, your insurance company could be...

Agriculture and technology: index insurance to the rescue of African farmers

“I paid 20,000 CFA francs (€30.50) to ensure my harvest, and after the drought destroyed everything, the people at OKO paid me 30,000 CFA francs (€45.70). I was really surprised, it’s a really good deal! With this money, I was able to...

What Is The Grace Period in Life Insurance?

If you forget to pay your life insurance bill, you might worry the policy will lapse. However, even in...

‘Backroom deal’ to reform CA insurance industry could harm consumers, advocates say

SACRAMENTO, Calif. (KGO) -- Consumer groups are fighting to the end, saying the insurance industry is trying to sneak legislation through without a public airing."This is no way to run a country," says Robert Herrell from The Consumer Federation of California. "This is...

State Farm Tops the List of Insurance Companies Paying Billions in Claims for the Maui Wildfires

Home and auto insurers are likely to field most of the claims from the Aug. 8 Maui wildfires that killed at least 115 people and sparked billions in damages, according to FactSet.Damage estimates are all over the charts as responders continue sifting through...