Browsing: Property Insurance

The recent wildfires in the Los Angeles area have exacerbated an existing crisis in California’s home insurance market, leaving many residents without adequate coverage.

A growing number of Florida homeowners are choosing to forgo property insurance, driven by high premiums and a troubled insurance market. This trend presents significant financial risks.

Insurance Commissioner Ricardo Lara unveils California’s Sustainable Insurance Strategy to address climate change, market challenges, and protect consumers.

California’s insurance commissioner unveils a plan to stem the exodus of insurers from the state, focusing on computer modeling and coverage requirements in high-risk areas.

The Pennsylvania Insurance Department plays a vital role in consumer protection, licensing, and regulation within the insurance sector.

Attorney General Brian L. Schwalb announced a $500,000 settlement with Universal Title for engaging in an illegal kickback scheme, which violated the District’s consumer protection laws.

Homeowners insurance costs are rising dramatically, while coverage is decreasing. Insurers are facing challenges from extreme weather and increased construction costs, leading to higher premiums and reduced coverage in disaster-prone areas.

Analysis of projected home insurance premium increases across U.S. counties, highlighting significant rises in certain areas.

The recent devastating fires in Los Angeles are expected to further strain California’s already beleaguered insurance market, raising questions about the state’s plan to stabilize coverage.

Escalating natural disasters are driving up home insurance costs in Colorado, leading to non-renewals and cancellations for many residents.