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From summer 2023 to early 2024, five other companies — AmGUARD, Falls Lake, The Hartford, Tokio Marine Insurance Co, and American National — stopped writing new home insurance policies in ...
“I’ve seen policies for high-value homes rise 600% or more,” said Robb Lanham of HUB Private Client, which provides home insurance, umbrella policies and other insurance products to high-net ...
In March 2024 State Farm, the largest home insurance company in California by market share, broke the news that it would nonrenew around 70,000 policies, 30,000 of which are estimated to belong to ...
Indeed, more than one in four American homeowners with insurance worry that their homes will become uninsurable in 2024, according to results from a ValuePenguin survey of 2,035 U.S. consumers ...
"From 2017 to 2022, homeowners insurance premiums rose 40% faster than inflation," a June report by the Bipartisan Policy Center says. For millions of households already struggling to make their ...
(The Center Square) - California homeowners may face noticeable insurance rate hikes under new rules finalized by state regulators that allow property insurers to use complex climate algorithms ...
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