home insurance premiums News

Brutal Winter Storms Leads to Soaring Massachusetts Home Insurance Rates

Some of the largest home insurers in Massachusetts are raising premiums by about 9 percent to recoup what they paid out in claims for damage caused by last winter’s record-setting snowfall. The Boston Globe reports that the increases, much steeper …

Florida’s Private Home Insurance Sector on Shaky Ground

As Florida seeks to revive its private home insurance market after almost a decade without a hurricane, homeowners are pouring $6 billion a year in premiums into a new generation of small, in-state insurance companies with an unproven record of …