State Farm doubles down on Florida after Farmers Insurance pulls back
State Farm Insurance says it has no plans to leave Florida after competitor Farmers Insurance became the latest insurer to reduce coverage in the state.
Drivers could see gas prices rise in the second half of summer: AAA
The national average cost for a gallon increased by three cents from last week at $3.55, despite a drastic drop in demand, according to the latest report from AAA.
Farmers Insurance flees Florida, impacting 100,000 policyholders: ‘Bud Light of insurance,’ official says
Florida CFO Jimmy Patronis claimed Farmers Insurance "has become the Bud Light" of providers after deciding to halt no longer offer coverage in the hurricane-prone state.
Farmers has 'become the Bud Light' of the insurance industry: FL CFO Jimmy Patronis
Florida Chief Financial Officer Jimmy Patronis says communication and negotiations have been met with 'atrocious' effort from Farmers Insurance, which halted policies in the high-risk hurricane state this week.
Dozens of insurance companies suing MN-based Xcel energy for allegedly causing destructive Colorado wildfire
Xcel Energy is being blamed for causing the Colorado wildfires that destroyed nearly a thousand homes. Dozens of insurance companies are suing Xcel for the accident.
Farmers Insurance reducing coverage in Florida
Farmers Insurance has plans to reduce its coverage in Florida, a move that will ultimately result in some Floridians needing new auto, home or umbrella insurance policies.
Record number of Americans expected to travel this 4th of July: AAA
More than 50 million Americans may travel this 4th of July 2023 weekend, AAA reported. But with record travel expected, some times may be better to drive than others.
Insurance companies using AI for underwriting and due diligence amid cyber threats
Insurance companies are turning to AI as a tool that can help them dig deeper more efficiently in the underwriting process, even as AI tools are used by fraudsters against businesses.
Insurance policies and coverage: Which should you consider and which can you skip over?
With all the different kinds of insurance available, there are some core types to consider as early as you can to protect yourself against any unexpected events that come your way.
Pickleball injuries could cost up to $500 million this year, Wall Street analysts predict
As pickleball keeps sweeping the nation, the now-popular sport could rack up health care costs as high as $250 million to $500 million in 2023, according to statistics from investment bank UBS.
Here's where homes face the biggest risk for natural disaster
Some areas, including places in Florida, have high-risk exposure to home damage from hurricanes and other natural disasters. But many homes aren’t equipped to withstand these events, according to a survey. Upgrading your home can protect it while saving you money on home insurance.
Skyrocketing car insurance costs push some drivers to forgo coverage
Drivers paid more for insurance in 2023 than they did the year before and many are considering doing without, according to a recent Policygenius survey.
Used car prices soar as demand for limited inventory grows, report says
Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.
Insurers face new minefield in climate activists’ war on oil and gas industry
Companies that insure the U.S. LNG industry are facing more pressure from climate activists, which could backfire on consumers.
Federal appeals court considers workaround to judge's ruling blocking an Obamacare coverage mandate
DOJ argues that "enormous harms" will be done to Obamacare recipients if the appellate court upholds a ruling blocking preventative health mandates.
Gas prices hold steady despite surge in demand for domestic gasoline: AAA
Gas prices decreased slightly for the week ending May 8, AAA said. Despite an increase in gasoline demand, fluctuating oil prices have limited increases at the pump.
Attorneys general warning on ESG policies prompt insurance companies to leave climate alliance
Utah Attorney General Sean Reyes joins 'Mornings with Maria' to discuss the attorneys general warning insurance companies over ESG policies and the urgency to pass the Halt Fentanyl Act.
Flood insurance costs have risen for more than half of policies: FEMA
FEMA has released new data showing how flood insurance premiums have changed since the implementation of its new Risk Rating 2.0 methodology. Here’s what you need to know.
Gas prices stay neutral to kick off summer, but there's a chance for a decrease in the forecast: AAA
The national average cost for a gallon stayed steady at $3.57, as demand for gas and oil prices fell, even as more than 37 million Americans drove to their holiday destinations on the holiday weekend, AAA said.
California is killing another industry that families need
State Farm will no longer sell home-insurance policies in California. The decision follows a similar call by GEICO, which closed all sales centers in the state last year.