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

That’s why commercial property insurance is so important. What Is Commercial Prope ... For example, if your property coverage has a $500,000 occurrence limit and fire damage results in a $ ...

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 ...

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.

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.

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

This is yet another example of how state legislators have made it more challenging to hold the insurance industry accountable and, in some cases, allowed companies to leave the state altogether.

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.

Your property insurance bill only seems like random bad luck. A lot goes into figuring cost. “The rates that are charged are not pulled out of the air,” said Caple Howden, who runs an Orlando ...