Latest News
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Do Texas Floods Herald the Devastating Hurricane Season Experts Warn Of?
2 min. read|May 6, 2024
High Insurance Rates Driving Homeowners Out of Florida and California
2 min. read|May 5, 2024
6.1M American Homeowners Are Without Home Insurance, Report Finds
2 min. read|May 5, 2024
Louisiana’s Flood Losses Skyrocket as Insurance Participation Dwindles
3 min. read|May 1, 2024
Fewer Californians Buying Flood Insurance Despite Record-Breaking Year
2 min. read|April 29, 2024
Florida Snagged Two-Thirds of National Flood Insurance Payouts in 2023
3 min. read|April 24, 2024
Michigan Warns Car Insurers: Price Fairly or Face Penalties
2 min. read|April 2, 2024
Insights and Analysis
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Report: Drivers Grapple With 9% Increase in Car Ownership Costs in 2023
Car ownership costs an average of $4,695 annually in 2023, a 9% increase since the year before. Rising insurance and maintenance costs are primary drivers behind this increase.
November 8, 2023
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Investigation: Did TikTok’s Kia Challenge Cause a 55% Spike in Insurance Rates?
TikTok’s Kia Challenge probably isn’t to blame for insurance rate hikes. Inflation and rising car repair costs are the more likely culprits behind increases.
November 28, 2023
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Analysis: Electric Car vs Gas Car Costs
Tesla cuts contribute to falling EV prices, but electric models are still too expensive. Cost concerns are a deterrent for 70% of potential EV buyers.
December 10, 2023
Home Insurance News
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Do Texas Floods Herald the Devastating Hurricane Season Experts Warn Of?
Texas led the nation in climate-related damages in 2023, reporting more than $400 billion in losses from heat waves, drought, tornadoes, wildfires, and floods, according to the National Oceanic and Atmospheric Administration (NOAA).
2 min. read|May 6, 2024
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High Insurance Rates Driving Homeowners Out of Florida and California
Soaring insurance costs and natural disasters are prompting some homeowners to leave areas and states where the insurance market is in crisis, according to a recent study by real estate company Redfin.
2 min. read|May 5, 2024
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6.1M American Homeowners Are Without Home Insurance, Report Finds
More than 7% of homeowners — about 6.1 million people — don’t have any home insurance, according to a new report.
2 min. read|May 5, 2024
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Louisiana’s Flood Losses Skyrocket as Insurance Participation Dwindles
Louisiana residents are on pace to face dramatically more flood-related losses in 2024 than they did a year ago.
3 min. read|May 1, 2024
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Fewer Californians Buying Flood Insurance Despite Record-Breaking Year
Flood insurance claims in California soared nearly 211% in 2023, but the number of Californians with National Flood Insurance Program coverage declined.
2 min. read|April 29, 2024
Florida Snagged Two-Thirds of National Flood Insurance Payouts in 2023
Flood claims in Florida accounted for two-thirds of all claims paid out by the National Flood Insurance Program in 2023.
3 min. read|April 24, 2024
Auto Insurance News
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Michigan Warns Car Insurers: Price Fairly or Face Penalties
Engage in price optimization and face fines and other penalties. That’s the message from the Michigan Department of Insurance and Financial Services to insurers statewide.
2 min. read|April 2, 2024
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More Americans Are Driving Uninsured, Study Finds
One in 7, or 32.7 million, people drove without insurance in 2022, according to the Insurance Research Council (IRC).
3 min. read|March 7, 2024
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Young Coloradans More Likely to Use Cannabis and Drive, Survey Shows
Drivers age 18-24 are more than twice as likely to report driving high in the last 30 days, according to a survey of cannabis users in Colorado.
2 min. read|February 27, 2024
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Allstate Lifts California Auto Policy Restrictions Following 30% Rate Hike
Allstate has stopped requiring a 50% down payment for new car insurance policies in California as of Feb. 7, 2024.
2 min. read|February 19, 2024
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Feds Accelerate Tesla Steering Probe
Federal investigators are now actively analyzing steering rack parts that have been linked to thousands of Tesla crashes.
2 min. read|February 7, 2024
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Arizona Auto Thefts Decrease 6.6% in 2023
Auto thefts in Arizona fell in 2023 after multiple years of rising theft rates in the state.
2 min. read|February 7, 2024
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