Tag: Insurance Premiums

Indiana Sees Rising Home Insurance Premiums and Policy Cancellations

Rising home insurance premiums and increased policy cancellations in Indiana are impacting homeowners' ability to maintain coverage and affordability, says Fair Housing Center.

Florida's 2025 Legislative Session Falls Short on Homeowners' Insurance Affordability

Florida's 2025 legislative session ended with budget agreements but without meaningful reforms to tackle rising homeowners insurance premiums and housing affordability challenges.

Rising Home Insurance Premiums Drive Policy Cancellations in Indiana

Indiana faces rising home insurance premiums leading to increased policy cancellations and nonrenewals, impacting homeowner financial stability and affordability.

Florida Property Insurance Rates Show Slow Stabilization Amid Cost Pressures

Explore the latest insights on Florida's property insurance market, where premium rates face ongoing pressures despite legislative reforms aimed at market stabilization and increased competition.

North Carolina's SB 452 Law Raises Auto Insurance Minimums and Affects Premiums

North Carolina's new SB 452 law raises minimum auto insurance liability limits, mandates underinsured motorist coverage, extends surcharges for inexperienced drivers and moving violations, leading to premium increases starting July 2024.

House Oversight Seeks Answers on Commerce Dept's Health Coverage Failures

House Oversight Committee demands Commerce Department explain premature health insurance termination of fired employees and premium deductions during coverage lapse.

Rising Insurance Costs Linked to Advanced Vehicle Safety Tech Repairs

Explore why advanced driver assistance systems are increasing auto insurance costs despite reducing accident claims, impacting repair expenses and insurance premiums.

Key Factors Influencing Auto Insurance Premiums: Insights from Mercury Insurance

Explore how driving record, age, vehicle type, and location affect auto insurance rates. Learn practical ways to manage premiums and available discounts from Mercury Insurance insights.

Oklahoma Homeowners Face 8% Insurance Premium Increase Amid Extreme Weather Risks

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.

The Hartford Q1 2025 Earnings Reflect Catastrophe Loss Impact Amid Premium Growth

The Hartford's Q1 2025 earnings show a 16% decline in net income due to catastrophe losses, with a 9% growth in property and casualty premiums and stable underwriting performance.