News
Gov. Polis unveils plan aimed at cutting Colorado home insurance costs by up to $800 a year
1+ day, 14+ hour ago (535+ words) Gov. Jared Polis and Division of Insurance Commissioner Mike Conway unveiled a "roadmap" on Thursday that they say will save the average Coloradan $800 a year on homeowner's insurance. Colorado has some of the highest homeowners' insurance rates in the country,…...
Hail drives up to 54% of homeowners" insurance premiums in parts of Colorado
2+ mon, 2+ week ago (225+ words) Hail is the largest cost driver of homeowners" insurance spikes in many parts of the state, according to data collected by the Colorado Division of Insurance. The department requested data from 20 homeowners" insurance carriers to calculate average premiums and the…...
Colorado lawmakers roll out bipartisan plan aimed at lowering home insurance risk
2+ mon, 3+ week ago (726+ words) Homeowners" insurance rates continue to rise, prompting a bipartisan group of lawmakers to introduce a bill Wednesday aimed at reducing damage from hail and wildfire. The measure would encourage homeowners and homeowner associations to take additional mitigation steps and, in…...
CA bill to give interest on insurance payments to homeowners
8+ mon, 2+ day ago (371+ words) (The Center Square) "The California Legislature this week passed a bill to give at least 2% of interest on insurance payments to owners of homes that need rebuilding or repair from natural disasters. Legislators said they felt compelled to pass Assembly…...
Demand for Colorado's new last-resort property insurance 'significantly less' than expected
8+ mon, 1+ week ago (1054+ words) Only 51 homeowners have signed up so far for the Fair Access to Insurance Requirements (FAIR) Plan, Colorado's newly created insurance of last resort for property owners with repeated denials from traditional insurers. The low numbers are in some ways by…...
State Farm faces backlash over $523 million insurance rate hike in Illinois
9+ mon, 1+ week ago (441+ words) (The Center Square) " State Farm's plan to raise homeowners insurance rates by more than half a billion dollars in Illinois has reignited calls from consumer advocates to overhaul how the state oversees insurance rates. "Home insurance rates are on the…...
Understanding Auto Insurance for New Grads
9+ mon, 3+ week ago (345+ words) (Family Features) Graduation is an exciting time, but it also means new responsibilities. "Graduates are stepping into a world filled with opportunities and uncertainties," said Kevin Quinn, VP, Auto Claims at Mercury Insurance. "Understanding your insurance needs is a crucial…...
Thornburg Income Builder Opportunities Trust Announces Distribution
10+ mon, 3+ week ago (85+ words) The Trust's monthly distribution is shown below: Return of Capital or Other Capital Sources Risk is inherent in all investing. There can be no assurance that the Trust will achieve its investment objective, and you could lose some or all…...