Former North Carolina Volunteer Fire Chief Charged with Embezzling $155,300 October 30, 2024 A former volunteer fire chief in North Carolina has been charged with embezzling almost $155,300 from his department by falsifying...
Crist’s Claim of Cutting Insurance Rates ‘Mostly True,’ Politifact Says October 21, 2022 By William Rabb A fact-checking publication known for its thorough examination of claims made by politicians has deemed Charlie Crist’s statement that he...
Home, Commercial Rate Hikes Not Enough to Offset Construction Costs: Moody’s May 19, 2022 To counteract rising construction material costs that have increased about 26.7% the first four months of 2022, personal and commercial...
Extreme Weather, Repair Woes to Push Property Insurance Higher: Hippo CEO June 23, 2021 By Noor Zainab Hussain and Carolyn Cohn Extreme weather events and shortage of labor and materials for repairs will push property insurance rates higher in the next...
Widespread Market Firming Unlikely Even as Property Rates Rise: WTW February 15, 2018 Commercial property insurers are seeking double-digit rate hikes on catastrophe-exposed insurance programs following 2017’s record catastrophes; however, abundant capacity in...
Florida’s Citizens Votes to Lower Rates Next Year June 26, 2014 The Board of Governors for Florida’s Citizens Property Insurance Corp. approved on Wednesday a 2015 rate package that reflects an...
Some Florida Citizens Customers May See Lower Rates Next Year June 25, 2014 Florida’s largest property insurer may be dropping its rates next year. Citizens Property Insurance is considering rate proposals for 2015...
Surplus of Capital Continues to Temper Property Rates: Marsh December 19, 2013 The surplus of capital among insurers and reinsurers continued to have an overall softening effect in the U.S. property insurance...