Browsing: Property Insurance

California homeowners face another sharp increase in insurance rates as State Farm raises prices by 17%, following a 20% hike last year, amid growing concerns over climate change and its impact on the insurance industry.

Four major consumer groups have slammed the insurance industry for continuing to support fossil fuel projects, arguing it exacerbates climate change and leads to higher homeowners insurance premiums.

As hurricane season approaches, Florida homeowners should review their insurance policies to avoid potential pitfalls in the claims process.

Geo Underwriting has partnered with Merit Advantage to provide agricultural clients with a 5% discount on a digital risk management platform when they purchase an agriculture policy through a broker.

State Farm requests a 30% increase in California home insurance rates following an approved 17% emergency increase earlier this month, citing claims from Los Angeles County firestorms and financial troubles.

California regulators have approved a temporary 17% property insurance rate hike for State Farm customers following January wildfires that caused significant economic losses.

California Insurance Commissioner Ricardo Lara has approved State Farm’s emergency rate hike request following devastating wildfires

Florida lawmakers implemented reforms in 2022 to improve home insurance services and reduce bills, but critics argue they have had the opposite effect

As wildfires become more frequent and severe, Idaho homeowners are seeing their insurance premiums rise, with some insurers pulling out of high-risk areas

As wildfires become more frequent and destructive, Idaho homeowners are seeing their insurance premiums rise and coverage options dwindle, despite efforts to minimize property damage.