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The Hidden Cost of Insurance: Reinsurance Is Elevating Coverage Rates for Americans Everywhere
Reinsurance helps insurance companies recoup claims losses, but climate catastrophes and inflation have led to higher reinsurance costs.
4 min. read|July 26, 2024
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Project 2025 Aims to End 56-Year-Old National Flood Insurance Program
If Trump implements guidelines from the conservative Project 2025, his re-election could result in the removal of the NFIP. Learn more.
4 min. read|July 25, 2024
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As Hurricane Season Hits, More Homeowners Pushed to Florida’s Last-Resort Insurer
Florida's insurer of last resort, Citizens Property Insurance, picking up more policies during hurricane season, despite efforts to reduce the number of policyholders on its rolls.
3 min. read|July 18, 2024
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Washington To Elect First New State Insurance Commissioner in Over 20 Years
The Washington insurance commissioner protects consumers and regulates the insurance industries. Residents will elect a new commissioner in November.
3 min. read|July 18, 2024
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Preparation Pays Off: Investing in Climate Resilience Helps the Economy, Report Shows
Disasters cost the economy hundreds of billions annually, but a new report shows that every $1 invested in climate resilience saves $13 in economic costs.
3 min. read|July 18, 2024
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California’s Largest Home Insurer Seeks Dramatic Rate Increase
State Farm is proposing a massive increase to home insurance rates in California. Learn how that affects you here.
2 min. read|July 3, 2024
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Senate Lawmakers Butt Heads Over Cause of Home Insurance Crises
U.S. lawmakers are divided over whether climate change is contributing to the homeowners insurance crisis. Learn more here.
3 min. read|July 3, 2024
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Too Many Americans Are Mistaken About Insurance: Surveys Say
Americans have potentially dangerous misconceptions about how insurance works, a pair of surveys reveal. Learn more.
2 min. read|July 2, 2024
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Florida Regulators: Execs of Bankrupt Insurers Illegally Took New Roles
Executives of insolvent Florida insurance companies are breaking state law by taking similar roles with new firms. Now the state is reacting.
2 min. read|June 27, 2024
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Wildfire Risks Spark Insurance Woes for Utility Companies
Homeowners aren’t the only ones facing high insurance rates and difficulty finding coverage because of wildfires. Power companies are also feeling the heat.
2 min. read|June 26, 2024
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Florida’s Largest Home Insurer Seeks 14% Rate Increase
Citizens Property Insurance is seeking to increase home insurance rates by 14% for Florida homeowners. Learn more here.
3 min. read|June 26, 2024
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Drone Footage of Roofs Not Enough to Justify Dropping Home Policies, PA Regulators Say
In May, the Pennsylvania Insurance Department reminded insurers that aerial imagery may not be enough to cancel or non-renew a home insurance policy.
3 min. read|June 24, 2024