Illinois Appellate Court Enforces Appraisal Clause in State Farm Hail Damage Dispute
Illinois Appellate Court requires State Farm to engage in appraisal for hail damage valuation dispute, despite insurer's coverage objection.
Illinois Appellate Court requires State Farm to engage in appraisal for hail damage valuation dispute, despite insurer's coverage objection.
California fire victims face ongoing challenges with State Farm insurance claims as the state approves a 17% emergency homeowners rate hike amid scrutiny of insurer practices and regulatory responses.
California FAIR Plan seeks to surcharge homeowners statewide to recover $1 billion in wildfire claims from 2024 Los Angeles fires. Regulatory approval pending, with legal challenges ongoing.
TransUnion reports a 10% rise in auto insurance shopping in Q1 2025 led by higher-risk consumers, alongside significant demographic shifts in homeownership and increased natural disasters impacting property insurance costs.
Trident Reciprocal Exchange names Ryan Hodges CEO amid Florida homeowners market shifts; MSIG USA appoints Tony Beirne and Dale James to actuarial and risk leadership roles.
Oklahoma homeowners are experiencing an 8% rise in home insurance premiums in 2023 due to increased claims from hail, wind, wildfires, and tornadoes. Strategies to mitigate costs include home fortifications and deductible adjustments.
J.D. Power's 2025 study reveals declining satisfaction in homeowners insurance claims due to rising catastrophes, premium hikes, and extended claim payouts.
Connecticut homeowners saw a 45% rise in insurance policy non-renewals in 2023 amid rising repair costs and tariff-related inflation, reflecting national insurance market challenges.
Orion180 teams up with Jewelers Mutual to integrate specialized high-value jewelry coverage into homeowners insurance, enhancing policy customization and protection options.
California homeowners sue major insurers alleging collusion to deny coverage in fire-prone areas, forcing reliance on the California FAIR Plan with higher premiums and lower coverage.