In the U.S., hurricanes slammed coastlines. Wildfires turned forests into ash. The insurance industry is taking notice, as climate change continues to add to the rising cost of damages. CGTN’s Mark Niu reports.Check out The China Report, our new weekly newsletter. Subscribe ...
Car insurance prices are rising, and could continue to rise in the year ahead. In Texas, in fact, some providers are planning hikes of about 20%.
The cost of car insurance is expected to increase in 2022 across the U.S., with some states potentially seeing average double-digit growth from some of the largest auto insurance companies. Furthermore, some areas around the country are already experiencing growth. In 2021, the national average...
The average annual rate forhomeowners insuranceincreased by nearly 20% between 2021 and 2023 — and homeowners can expect another 6% increase in 2024, according to Insurify, a virtual insurance agent. That would bring the average policy cost to $2,522 by the end of the year. Car insurance ...
Car insurance prices are going up, and some insurers are planning rate hikes as high as 20%. (iStock) The cost of car insurance is expected to increase in 2022 across the U.S., with some states potentially seeing average double-digit growth from some of the largest auto insurance compa...
Rising Cost of Malpractice Insurance Pushes Doctor out of the City
Bureau of Labor Services as having the highest annual cost increase. Americans spent 20 percent more on car insurance in 2023 than they did in the previous year. The blame, in part, goes to higher-priced new vehicles and rising repair costs. In just three years, car insurance has risen ...
Auto insurance isn’t getting cheaper, but yours can If past trends are any indication, the average cost of insurance probably won’t decrease anytime soon. But, as a response to the ease in inflation we’re seeing today, prices may level off. Also, competition for your business can influ...
While the pandemic changed the perception of insurance and more individuals felt the need to be prepared for unforeseen situations, the current surge in the cost of living, can impact it adversely.Archived articles are available to Magazine subscribers only. If yo...
Denise Au-Yeung, Chief Strategy Officer of FTLife:As a woman leader in the insurance industry, my journey has been both challenging and rewarding. One of the most notable achievements is contributing to a corporate culture that values diverse perspectives and inclusive leadership. Embrac...