A new report released by a consumer advocacy agency says that the use of credit reporting from car insurance companies to help determine driver premiums can perpetuate racial inequity.The Consumer Federation of America spent two years analyzing data, according to Michael DeLong, research...
The first half of the year brought $34 billion in insured losses from storms, a record-setting sum according to reinsurance company Swiss Re. Storms ...
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MADISON, Fla. (WCTV) - Damage from Hurricane Idalia is costing insurance companies nearly $98 million as more than 8,500 people file claims on their homes.But that number only reflects people who have property insurance.“It’s stressful, but what do you do?” Bruce Newcomer said.Newcomer...
Porch Group announced that its insurance subsidiary Homeowners of America (HOA) has been placed under temporary supervision by Texas regulators.
The announcement comes in the wake of bankruptcy of allegations of fraudulent activity against reinsurer Vesttoo Ltd, which filed for Chapter 11 bankruptcy protection...
TALLAHASSEE — As efforts continued to sort out damage from Hurricane Idalia, regulators on Friday approved proposals by seven private insurers to pull as many as 202,000 policies from the state’s Citizens Property Insurance Corp.Insurance Commissioner Michael Yaworksy signed orders approving the proposals...
