Browsing: Property Insurance

Liberty Mutual Insurance is set to refund approximately $4 million to around 138,000 Louisiana policyholders after incorrectly applying the state’s property insurance assessment for several years.

A new bill in Florida may leave thousands of condo residents without state-backed insurance if their associations fail to complete mandatory structural integrity reserve studies.

Many California insurance companies commit to expedited payments for wildfire victims, but major insurers like State Farm decline, creating concerns.

Recent reforms and market stabilization are leading to lower homeowners and auto insurance rates in Florida, according to Governor Ron DeSantis.

California Insurance Commissioner approves a $1 billion assessment to the FAIR Plan, the state’s insurance safety net, in light of recent wildfires.

Rental prices in Lubbock, Texas have remained stable since 2022, despite rising costs for property owners. Local experts attribute this to a unique market dynamic and the consistent demand from Texas Tech University students.

A warming climate and resulting severe weather events are driving up homeowners insurance rates across the U.S., potentially making coverage unaffordable for many.

A Nova Scotia family was blindsided by a $100,000 repair bill for water damage to their rental property, only to discover their insurance wouldn’t cover it due to a little-known clause.

A Nova Scotia family faced a financial shock after discovering their insurance wouldn’t cover extensive water damage at a rental property.

A Nova Scotia family faced a $100,000 repair bill when their rental property suffered water damage, only to find their insurance wouldn’t cover it due to a little-known insurance concept.