State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...

First, some good news for insurance consumers in South Florida: The average annual cost to insure a single-family home increased at a lower percentage rate in Broward and Miami-Dade counties than in ...

Most of the inflation in quoted premiums happened in the first four months of last year with rest of the year seeing relative ...

As the compounding impacts of climate-driven disasters take effect, we are seeing home insurance prices spike around the ...

Note that policy costs in these high-risk states, minus California, averaged $5,040 – roughly 150% more than Golden State ...

While there has been a growing crisis in insurance for years, the scale and scope of the Los Angeles wildfires brings the ...

Prices are soaring due to miscalculations by insurers on how long people would live, the price of care and how many would ...

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That’s why so many Californians lost their home insurance. Now, economics is rarely straightforward. Yet this crisis is a textbook example of what can occur when prices are kept too low ...