Due to intensifying climate change, the number of insurance companies pulling out from high-risk areas could double or even triple in the coming years, according to Alex Adekola, CEO and founder of insurance adjuster training company ReadyAdjuster. ...
Wildfires out West, hurricanes in the South, and tornadoes in the heartland have all contributed to home insurance companies pulling out of many states and raising premiums in 2024 to counteract the outsized risk of homeowners filing claims. We've already seen national insurers including State ...
Which insurance companies are pulling out of Louisiana? Many insurance companies serving Louisiana have gone out of business over the past few years, including Lighthouse, Southern Fidelity and Gulfstream. Others have stopped selling homeowners policies in the state, or in certain hurricane-prone areas...
according to National Highway Traffic Safety Administration (NHTSA) data. This combination of factors raises the probability of an insurer having to pay out a claim, so companies increase the price of car insurance in response
The 2022 reforms eliminated the ability of policyholders to transfer benefits to contractors, leading to a sharp decline in these scams. Cost of reinsurance With larger providers limiting coverage or pulling out of Florida, the state's insurance market relies heavily on smaller local companies that...
Mile Auto, Sun Coast, and Mercury top Insurify’s list of best car insurance companies in California. December 19, 2024 Best Car Insurance Companies in Texas (December 2024) GEICO and Allstate are among the best car insurance companies in Texas. Check out the insurers offering competitive rat...
Insurance companies spend millions of dollars on advertising with the expectation that it will be enough to entice you to purchase insurance coverage from them.With so many car insurance companies to choose from, making such a critical decision can be difficult.In this Geico auto insurance review,...
4,281 Insurance Agent Jobs in Texas hiring now with salaries from $30,000 to $88,000. Apply for An Insurance Agent job at companies near you. Browse part time, remote, internships, junior and senior level jobs.
Altogether, we estimate that home insurance in Texas is around 46% more expensive on average compared to two years ago. In 2022, the Texas Department of Insurance approved 152 home insurance rate increases from insurance companies, over 50% more than the 72 it approved in 2021. [13] ...
When federal agent Jim Reed drove in to a small airport in the East Texas city of Athens mid-morning on September 15, 2014, he was expecting to find a straightforward case of arson—an easy case for the new guy. He introduced himself to the Athens Jet Center’s co-owners, two brothers...