Mixed Q2 Earnings Highlight Divergent Performances Among U.S. Insurers
Explore the latest Q2 earnings results from major U.S. insurance companies, highlighting mixed performances amid evolving market dynamics and regulatory shifts.
Georgia Lawmakers Investigate High Insurance Costs Amid Fraud and Profit Concerns
Georgia lawmakers probe high insurance premiums driven by fraud, profits, and claims processing amid impacts from Hurricane Helene.
St. Augustine Achieves CRS Class 4, Cutting Flood Insurance Premiums by 30%
St. Augustine, Fla., advances to CRS Class 4 under NFIP, enabling 30% flood insurance premium discounts through enhanced floodplain management and FEMA-approved mitigation measures.
Wisconsin Appeals Court Clarifies Subrogation Rights in Multi-State PIP Claims
The Wisconsin Court of Appeals affirms statutory subrogation rights separate from contractual waivers in multi-state personal injury protection claims, guiding insurers on compliance and claims handling for duplicated PIP benefits.
State Farm Strengthens Commitment to Florida Homeowners Insurance Amid Market Challenges
State Farm remains a stable choice for Florida homeowners amid hurricane risks, litigation challenges, and recent premium reductions by Citizens Property Insurance.
AI-Powered Damage Detection Raises Rental Car Dispute Risks
AI-driven damage detection in rental cars is increasing billing disputes. Learn strategies for inspection, documentation, and dispute resolution to protect renters and rental agencies.
U.S. Homeowners Invest Heavily in Security Despite Declining Property Crime
U.S. homeowners increasingly invest in home security systems amid declining property crime rates, driven by concerns over theft and vehicle crime, supported by FBI data and insurance trends.
CNBC Select Launches Free Tool for Personalized Financial Product Matching
Discover CNBC Select's Get Money tool, a free online resource offering personalized financial product recommendations based on your cash needs and credit profile. No personal info required.
Rising Homeowners Insurance Premiums Spur State-Level Reforms in California and Florida
Homeowners insurance premiums are set to rise 8% in 2025, driving state-level reforms in California and Florida aimed at stabilizing markets impacted by natural disasters and regulatory challenges.
Understanding Percentage-Based Deductibles in Homeowners Insurance
Explore how percentage-based deductibles in homeowners insurance affect claim payouts and risk-sharing after catastrophes like hurricanes and windstorms. Understand regulatory context and market implications.