Browsing: Severe Weather

Minnesota homeowners are bracing for a significant increase in insurance premiums this year, with rates projected to rise by 15% according to a report by Insurify.

The home insurance affordability crisis is spreading far beyond coastal regions prone to hurricanes and wildfires, with Heartland states experiencing some of the largest increases in premiums.

South Dakota homeowners are experiencing sharper insurance premium increases than most neighboring states, driven by severe weather and rising rebuilding costs.

The National Insurance Crime Bureau (NICB) is warning residents in areas hit by severe weather about potential contractor fraud schemes and offering advice on how to protect themselves.

Commercial property losses due to severe weather events reached the second-highest total in Canadian history, according to the Insurance Bureau of Canada.