Browsing: Insurance Crisis

California homeowners are struggling to find affordable insurance as major providers pull out of the market, citing extreme weather risks and rising rebuilding costs.

Florida’s home insurance crisis is escalating as hurricane season progresses, leaving many homeowners facing skyrocketing costs and uninsurable properties.

Despite legislative reforms aimed at stabilizing insurance rates, Florida residents are still grappling with significant premium hikes due to various cost factors

State Farm discusses the challenges facing California’s insurance market and the need for reform to ensure long-term sustainability.

Homeowners in Florida face increasing challenges in securing insurance as companies raise premiums or exit the market, leaving many uninsured or facing hefty out-of-pocket expenses.

Insurance markets in states like California, Florida, and Louisiana are facing a crisis due to climate change, with regulators exploring solutions to rising costs.

Florida residents face 20% or more insurance premium hikes while CEO of Tampa-based Slide Insurance earns $21 million

The life insurance industry in the US is facing a decades-long crisis, with ownership declining particularly among the middle class. A new company is working to change this trend.

Rising premiums and coverage gaps lead to increased foreclosures in Louisiana, Florida, Texas, and Georgia as insurers withdraw from high-risk markets

State Farm General Insurance Company has requested an additional 11% home insurance rate hike in California on top of the previously approved 17% increase