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So Cal homeowners face soaring insurance premiums, policies reviewed by A. I.
1+ day, 7+ hour ago (510+ words) For millions of Southern California homeowners, insurance is becoming harder to afford as rates soar. Some are even being told their policies are no longer being reviewed by a person, but instead by an algorithm. "Well, it's not fair. It's…...
Consumer protection powers used with caution in UK as first fine imposed | MLex | Specialist news and analysis on legal risk and regulation
1+ day, 18+ hour ago (166+ words) Consumer protection powers used with caution in UK as first fine imposed'MLex Consumer protection powers used with caution in UK as first fine imposed Prepare for tomorrow's regulatory change, today MLex identifies risk to business wherever it emerges, with specialist…...
Wildfire Mitigation Designation Program Now Available in Florida
1+ day, 3+ hour ago (488+ words) An insurance industry supported wildfire mitigation designation program has been expanded into 10 additional high-risk states with Florida being one. The expansion comes at a time when Florida is experiencing widespread drought conditions and state officials are concerned that the next…...
With Falling Private Re Prices, Should Florida Let Insurers Buy Less from the Cat Fund?
1+ day, 3+ hour ago (509+ words) For years, a segment of the Florida property insurance industry had lobbied for more access to the lower-cost reinsurance offered by the state-sanctioned Florida Hurricane Catastrophe Fund'mainly through a lowered retention, or deductible, level. Today, three years into Florida's tort-reform…...
Southern California homeowners face soaring insurance premiums
1+ day, 7+ hour ago (168+ words) AOL. com For millions of Southern California homeowners, insurance is becoming harder to afford as rates soar. Some are even being told their policies are no longer being reviewed by a person, but instead by an algorithm. KTLA's David Lazarus…...
Insurance experts say Colorado homeowners should prepare for hail season
1+ day, 5+ hour ago (451+ words) DENVER (KDVR) " With hail season almost here, insurance experts are sharing why homeowners should prepare now. Colorado's hail season can run from April to September, with some storms causing more than a billion dollars in damage. " An insurance report by…...
Why an expert says you should take photos of your home before storms hit
1+ day, 5+ hour ago (280+ words) OKLAHOMA CITY (KFOR) "With severe weather season returning for many of us this spring, you may be revisiting your preparations. But experts say there's one simple step many people overlook that could make a major difference after a storm hits....
Essex area named England's worst for flood risk as homeowners warned
1+ day, 4+ hour ago (432+ words) Homes at risk of flooding could leave owners trapped on unaffordable mortgage rates, experts have warned. This comes as an Essex borough has been named among the most 'at risk'. A new report from the UK Sustainable Investment and Finance…...
Dept. of Agriculture, Trade and Consumer Protection: Following storm damage, Wisconsin consumers should use caution when seeking repairs
1+ day, 19+ hour ago (173+ words) MADISON, Wis. " This week, thunderstorms, high winds, tornadoes, flooding, and hail have struck communities across Wisconsin. Homes and vehicles may be damaged and in need of repair work. The Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP)reminds consumers…...
Farmer Brown Expands Access to Builders Risk, Home, and Auto Coverage With Faster Quotes and Competitive Rates for Contractors and Property Owners
1+ day, 6+ hour ago (279+ words) Contractors face rising construction risks and insurance price pressure. Farmer Brown reports updated guidance on Builders Risk coverage costs while promoting a unified path from construction coverage to homeowners and auto insurance. The firm offers affordable quotes and competitive rates…...