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Mid-Ohio Valley Climate Corner: Climate change, extreme weather and insurance companies | News, Sports, Jobs

(Mid-Ohio Valley Climate Corner - Photo Illustration - MetroCreativeConnection) <!-- SHOW ARTICLE --> “We are homeowners whose entire neighborhoods have been destroyed by fires and we’re fighting our insurance companies while continuing to pay rate hike after rate hike.” “We are small business owners who...

AM Best Comments on Credit Ratings of Dakota Truck Underwriters and First Dakota Indemnity Company Following Announced Acquisition by Maine Employers’ Mutual Insurance Company...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Dakota Truck Underwriters (DTU) and First Dakota Indemnity Company (FDI) (both domiciled in Sioux Falls, SD), collectively referred...

Progressive Insurance debt collection class action settlement (Florida residents)

Progressive Direct Insurance Co. agreed to a $500,000 class action lawsuit settlement to resolve claims it violated Florida law by sending late-night emails to collect debts. The settlement benefits Florida residents who received a debt collection email from Progressive between 9 p.m. and 8...

Are Credit Scores Fueling Hidden Insurance Costs for Consumers?

Across the South and the United States, homeowners’ insurance rates are rising, with some states seeing an increase of over 50%. Experts say that this issue is contributing to an ongoing housing crisis. While insurance...