The issue of California homeowners losing their insurance coverage has reached alarming proportions, leaving many residents bewildered and vulnerable. This article delves into the specific causes, common themes, and the broader impact this trend is having on the state's residents. Increasing
The global commercial property insurance market, which was valued at USD 247.80 billion in 2022, is anticipated to experience significant growth over the coming years. Forecasts predict a Compound Annual Growth Rate (CAGR) of 10.39% from 2023 to 2028, driven by the growing recognition among
Houston homeowners are facing an unprecedented dilemma as home insurance rates continue to skyrocket, leaving many to reconsider their options and contemplate the risky decision of going without coverage. The financial strain is growing unbearable for many residents, forcing a difficult choice
As the costs of living in California continue to rise, homeowners face a new dilemma with the recent approval of insurance rate hikes by major carriers Mercury General and Safeco. This decision is expected to have a significant impact on thousands of homeowners, renters, and condo owners across the
Many Floridians will be relieved to learn that property insurance premiums are projected to decrease as early as March 1, 2024, following years of hikes that have burdened homeowners. While the decline will not be as significant as the annual increases of 20-30% seen in previous years,
Simon Glairy is a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. Today, he will share his knowledge about sinkholes and their impact on homeowners, especially in areas like Florida where they are more common.