News
Rising premiums and lower payouts: What homeowners need to know about their roof coverage
1+ week, 45+ min ago (302+ words) March 5, 2026 / 4:00 PM CST / CBS Minnesota Minnesota roofs have taken a hail pounding in recent years. In 2022, a series of storms caused $1 billion in damages, much of it to roofs." A year later, a single storm in August caused $1.1 billion in…...
State Farm to offer $100 average refund to car insurance customers
1+ week, 6+ day ago (223+ words) Updated on: February 27, 2026 / 12:20 PM EST / CBS News State Farm is issuing an average refund of $100 per vehicle to its auto insurance customers in what the company says is the largest dividend in its history. The insurer said Thursday that the…...
State Farm faces scrutiny over total loss claim denial for Florida couple
2+ week, 2+ day ago (653+ words) February 23, 2026 / 9:08 PM EST / CBS Miami A South Florida couple said a fender bender crash almost ripped away their fully covered car. Consumer advocates said what happened is an auto insurance pitfall that could cost you if you're not prepared. Patricia…...
New data shows hail driving high insurance rates in Colorado
1+ mon, 18+ hour ago (21+ words) New data shows hail driving high insurance rates in Colorado'CBS News New data shows hail driving high insurance rates in Colorado...
Local consumer group report investigated the insurance industry’s handling of the LA wildfires
1+ mon, 1+ week ago (29+ words) Local consumer group report investigated the insurance industry's handling of the LA wildfires'CBS News Local consumer group report investigated the insurance industry's handling of the LA wildfires...
Amid insurance exodus in California, 5 insurance companies commit to stay in state
5+ mon, 2+ week ago (414+ words) September 24, 2025 / 11:12 PM PDT / CBS Sacramento After a year marked by insurance companies pulling out of California, state officials say five major insurers are committing to the state." The California Department of Insurance confirmed to CBS Sacramento that Mercury Insurance, CSAA,…...
Colorado businesses denied insurance coverage during planned outages
1+ mon, 3+ week ago (524+ words) January 16, 2026 / 8:15 AM MST / CBS Colorado In the aftermath of last month's planned power outages, businesses that lost money are hearing rough news about their insurance coverage. The common word is "denied." "So I didn't think that we weren't going to…...
Steps to lower your risk and increase chances of insurance coverage for wind damage
1+ mon, 4+ week ago (486+ words) January 14, 2026 / 8:06 PM PST / CBS LA When it comes to natural disasters, wind tends to be one of the easier types to deal with in terms of insurance, but that doesn't mean you can sit back and assume that you're covered....
What you need to know about insurance when it comes to wildfires
2+ mon, 3+ day ago (328+ words) January 9, 2026 / 1:48 PM PST / CBS LA One of the key takeaways of last year's January wildfires was that most Southern Californians are underinsured, as many as half of all homeowners in fact. Homeowners often rely on an insurer's computer models to…...
New Yorkers are paying more for homeowners insurance. But are they subsidizing policies in other states?
3+ mon, 23+ hour ago (512+ words) December 11, 2025 / 5:59 PM EST / CBS New York New York homeowners are watching their insurance premiums climb. Meanwhile, insurance companies are making large profits in the Empire State, lawmakers say." So where's the money going? Are New Yorkers subsidizing other states? Extreme…...