Insurance

Farmers Insurance announced it will not be renewing insurance policies in November for some homeowners in Oklahoma.

The wildfire burning in the Southern California county could exacerbate the homeowner insurance crisis in the state.

Progressive Insurance is reportedly stopping the offer of new home insurance policies in Texas.

Newsweek has created this map to show the states with the highest auto insurance levels, using data gathered by Bankrate.

Department of Insurance approved Allstate's request to increase its homeowner insurance premiums by an average of 30 percent.

One of Liberty Mutual's California subsidiaries is cutting fire coverage on 17,000 policyholders in the state.

Harris County commissioners are reportedly taking advantage of a loophole in state law to raise property taxes by 8 percent without voter approval.

Florida's home insurance crisis is a liability for Republicans. That hasn't stopped some of the biggest insurers in Florida from donating to the state GOP.

The risk posed by more frequent natural disasters could make premiums skyrocket beyond affordability unless the sector transforms.

Surging insurance costs are driving homeowners in flood-prone parts of Florida to sell their homes in droves.

The prediction means the average car insurance rate would hover at $2,469.

The temblor struck at 9.09 p.m. on Tuesday some 18 miles southwest of Bakersfield, and was followed by dozens of aftershocks.

Windstorm insurance in Texas is set to become more expensive for thousands of homeowners living in vulnerable areas along the Gulf Coast.

American Mobile Insurance Exchange (AMIE) has canceled its mobile home policies across the state, according to reports.

The Insurance Information Institute said that Florida homeowners spent much less on insurance than originally estimated last year.

"People are hurting," a Florida homeowner told Newsweek commenting on the state's property insurance crisis.

A major hurricane this season could leave Florida's uninsured homeowners financially ruined, experts told Newsweek.

While Florida's property insurance market is finally showing signs of stabilizing, a major hurricane event could threaten that.

The state's insurer of last resort, Citizens, purchased $3.56 billion for reinsurance until the end of this year's hurricane season.

Karen Clark & Company estimated the hurricane is responsible for $2.7 billion in damage in the U.S. alone.

Insurance costs have increased amid an escalation of weather-related disruptions in the U.S.

The recent damage from Beryl could mean affordable insurance is even more difficult to obtain in the Lone Star state.

If you get into an accident considered your fault, Bankrate estimates the average cost of car insurance to be $3,299 yearly.

Hurricane Beryl made landfall in Texas on Monday as a Category 1 storm, causing extensive damage from wind and heavy rain.

State Farm, which insures nearly one in five homes in California, is seeking to raise its rates by an average of 30 percent.

Florida State Representative Hillary Cassel said that efforts to depopulate Citizens, insurer of last resort, won't be effective.

Hundreds of thousands of people were unenrolled from the program due to the end of federal pandemic restrictions.

Citizens is still growing its coverage despite concerns about an explosion of claims following a possible terrible hurricane season.

At least 30 percent of claims made in Florida with 40 insurers operating in the state were closed in 2023 without being paid out, analysis by Weiss Ratings found.

The hurricane-exposed state saw some of the highest premium increases last year, as transferring risk became more expensive for insurers.