Rising Living Costs Lead Americans to Cut Back on Car and Home Insurance
Rising living costs and recession fears are causing Americans to reduce auto and home insurance coverage, with significant rate hikes expected in 2025 by major insurers.
Rising living costs and recession fears are causing Americans to reduce auto and home insurance coverage, with significant rate hikes expected in 2025 by major insurers.
Connecticut attorney requests DOJ meeting to address systemic consumer harm and anti-competitive practices by major insurers in auto body and post-disaster claims.
Explore how rising U.S. property taxes impact Gen Z homeowners, increasing affordability challenges amid high mortgage rates and home prices.
Explore the 2025 state-by-state analysis of cost of living, housing affordability, and rising homeowner insurance premiums driven by inflation and natural disaster risks impacting the U.S. market.
Liberty Company Insurance Brokers launches Liberty Naranjo in Northern California, expanding employee benefits and property-casualty services as part of strategic growth backed by a $100M credit facility from JPMorgan Chase.
Illinois Governor JB Pritzker challenges State Farm's homeowners insurance rate hikes, citing inconsistent catastrophe loss data and calls for regulatory and legislative actions to protect consumers.
Illinois sees a proposed 25%+ homeowners insurance rate increase by State Farm amid rising catastrophe losses. Regulatory review and legislative calls underway.
Hawaiʻi's homeowners face increased insurance nonrenewals and rising premiums due to stricter underwriting on roof age, electrical systems, and proximity to the ocean, highlighting market instability and risk management challenges.
Explore leading U.S. earthquake insurance companies, their financial strength, coverage features, market share, and key risk management approaches in seismically active regions.
OneShield announces leadership transition to strengthen growth and AI-driven product innovation in P&C insurance software solutions.