Browsing: economy

U.S. Representative Frederica Wilson has introduced the ‘Homeowners’ Defense Act’ to stabilize the property insurance market and help homeowners across the nation, particularly in Florida.

New report shows 0.3% rise in home insurance base rates, following record-low filings last year

Financial Supervisory Service recommends management improvement due to weak capital adequacy

Hanwha Life Insurance acquires 25.86 million shares in Carrot General Insurance Co. for 205.6 billion won

Connecticut homeowners are struggling to maintain insurance coverage as carriers increasingly drop policies due to intensifying weather events and economic factors.

New tariffs on auto imports, set to begin in April, are expected to raise the cost of car ownership, impacting repairs and potentially increasing insurance premiums.

Increased tariffs on auto imports could lead to higher costs for car owners, affecting everything from new car prices to repair expenses and insurance premiums.

New legislation in Italy mandates catastrophe insurance for businesses, with expectations for significant adoption within the first year.

Chancellor Rachel Reeves addresses concerns about the National Insurance increase and outlines the government’s economic strategy in the Spring Statement.

California’s insurer of last resort is warning of dwindling funds amidst rising natural disasters, coupled with economic pressures impacting consumer spending and the potential for scams.