2+ mon, 2+ week ago  (476+ words) Home insurers in Nevada no longer have to include wildfire coverage in homeowners policies under a new state law that took effect Jan. 1. Proponents of the law say it will lower home insurance costs. Detractors argue that it could leave…...

3+ week, 3+ hour ago  (236+ words) OLYMPIA, Wash. " Washington Governor Bob Ferguson signed a bill Monday morning that will generate new revenue for wildfire prevention. Substitute House Bill 2089, known as the Wildfire Alleviation Support Act, requires large mortgage lenders to pay business and occupation tax on…...

2+ mon, 3+ week ago  (132+ words) OLYMPIA, Wash. " Insurance Commissioner Patty Kuderer's bill aimed at providing restitution for policyholders harmed by their insurance company or agent passed the Washington state Senate on Wednesday with a 29 to 20 vote. The bill also establishes fining parity for all insurance…...

7+ mon, 3+ week ago  (333+ words) Two dozen Alabama homeowners are suing State Farm, alleging the insurer baselessly denied their home insurance claims for wind and hail damage this year. The policyholders, all of Dothan, are seeking compensation for storm damage following events that occurred between…...

7+ mon, 1+ week ago  (309+ words) SPOKANE, Wash. " The Crown Creek Fire in Stevens County is currently threatening 125 structures. Just two years ago, Spokane also faced significant devastation from fires. The 2023 Gray and Oregon Road fires destroyed 366 homes. According to the Washington Office of the Insurance…...

8+ mon, 2+ week ago  (537+ words) Two more property insurers started doing business in Florida this summer, boosting competition in a market clawing back from an insurance industry crisis. The new insurers bring the total number of insurers entering the state to 14 since early 2023 " exceeding the…...

8+ mon, 3+ week ago  (476+ words) Home insurance in Illinois is about to get much more expensive for about 1. 5 million State Farm customers. The insurer is raising its property insurance rates by 27%, effective Aug. 15 for existing customers and July 15 for new customers. The increase is one…...

11+ mon, 2+ week ago  (436+ words) More frequent severe weather events in Minnesota have led to sharp home insurance rate increases across the state. The average annual cost of home insurance in Minnesota increased by 20% in 2024 to $3, 524, according to Insurify's home insurance report. The North Star…...

9+ mon, 3+ day ago  (330+ words) Property insurance rate hikes are on the way for more than 61, 000 Californians, after the state's Department of Insurance approved three insurers' requests for higher premiums. The increases range from 5% to 40% and will affect policies for single-family home, mobile and manufactured…...

9+ mon, 1+ week ago  (633+ words) The Louisiana Legislature recently passed multiple insurance reform laws aimed at decreasing insurance costs. But not everyone is happy about the changes. The state's own insurance commissioner opposed the legislation, even though at least one of the bills expands his…...