You'll likely find a coinsurance clause in your commercial property insurance policy. This clause outlines how much insurance ...

Rate hearings are usually scheduled when insurance companies file for increases of 15% or more. In 2024, however, a hearing ...

CheapInsurance.com reports a rise in home insurance policy cancellations due to climate-related risks, increasing costs, and ...

For example, if you have $1 million in business liability insurance but you’re sued for $1.5 million, your commercial umbrella insurance could cover the remaining $500,000. Surety Bonds ...

For example, when Citizens Property Insurance Corp. underprices risk, or when state regulators restrict private insurers from charging actuarially sound rates, we may enjoy temporary relief.

We need to allow insurance pricing to reflect exposure to risk and to continue offering mitigation grants to strengthen homes ...

Property insurance costs for mortgaged single-family homes rose by a record $276 (+14%) to $2,290 in 2024 with average premiums now up 61% over the past 5 years.

In Florida the open records law doesn't apply to any insurance firm under state observation for financial soundness or ...

Developments in Florida’s property insurance market deserve careful scrutiny based on verifiable facts. Two separate issues require attention: The narrative presented in a recent Tampa Bay Times ...

The Colorado FAIR Plan is the first public insurance program to operate in the United States in 40 years to sell property insurance policies to those who cannot find coverage on the open market.

Industry advocates say state reforms are showing slow signs of progress. In 2023 and 2024, state lawmakers passed reforms to bring down the cost of property insurance in Louisiana.