Insurance

The state's group of about insurers said they made $147.3 million in net income in 2023 after seven consecutive years of losses.

California's insurance commissioner unveiled a new plan to let insurance companies use specific models around future catastrophes.

The state's largest private insurer, State Farm, said it will stop offering policy renewals to homeowners starting this summer.

A man in his 20s sought over $1 million in insurance payouts, prosecutors said.

Condo and home prices have plunged across Florida as insurance and maintenance costs climb.

Evan Greenberg's Chubb Ltd. secured Donald Trump's $91.6M appeal bond amid a landmark defamation case victory by E. Jean Carroll.

Amid skyrocketing premiums, Louisiana's insurance commissioner proposes reforms to entice more insurers, targeting an overhaul.

The recent devastating wildfires burning across Texas highlight the state's brewing insurance crisis.

Many homeowners whose homes were damaged by the Texas wildfires were likely uninsured.

American National Group said it will pull back from offering homeowners insurance policies in nine states.

American National Group is yet another insurance agency to leave the state as home repair prices surge amid wildfires and heightened HOA costs.

The withdrawal of American National from the state is set to leave tens of thousands without coverage.

Florida's costly car insurance rates are leading many to give up on coverage, but their choice is bringing up prices for everyone.

Home-insurance premiums have been rising despite the cooling down of inflation, according to the latest data.

Amica Mutual Insurance and an Allstate subsidiary seek 50+ percent rate hikes in Florida, citing losses and claims surge.

Oregon Senator Ron Wyden says private placement life insurance acts as a "tax shelter for the ultra-wealthy."

Democrats criticize the GOP's tax cut as insufficient amidst Florida's insurance woes, stressing the need for deeper reforms.

Inflation is a problem nearly everywhere, but not all city residents are equally affected.

An overwhelming majority of 97 percent of American households aren't covered by flood insurance, despite flooding causing billions in damage last year.

Car insurance rates are surging as Americans struggle to pay for basic necessities and ongoing debt.

Two private insurers operating in Florida, Castle Key and Amica, are asking to increase their rates by 53 and 54 percent.

A family has been denied homeowners' insurance for their $6 million home.

A majority of eligible voters in Texas polled on behalf of Newsweek fear their home insurance premiums will go up soon.

Florida's population has jumped by 18 percent over the past 12 years, a spike that has resulted in a health insurance crisis.

Less than 1 percent of homes in the eight California counties declared disaster areas have flood insurance coverage.

California homeowners are struggling to find private insurers willing to cover their homes as the risk of wildfires increase.

Californian homeowners face insurance crisis as storm looms. Insurers exit, government intervenes amid climate impact.

The California FAIR Plan has been plagued by delays following a software update last year and a surge in demand.

Seniors might be driven out of Florida by skyrocketing insurance premiums, struggling residents say.

A growing number of Americans might no longer be able to afford car insurance, and it could have a rippling effect on the economy.