property insurance rates rising News

Mississippi School Districts’ Property Insurance Premiums Spike

Property insurance premiums have skyrocketed for Pine Belt school districts in Mississippi. Some have had problems just finding a company to insure them. John Wells, with the state Commissioner of Insurance’s office, says many districts statewide have complained about property …

Despite Lack of Big Storms, Florida’s Property Insurance Costs Rise

Marco Tarafa was stunned to find that his homeowners’ policy is increasing by nearly $1,000 a year – all because inspectors couldn’t get into his attic, where there was no crawl space and about 24 inches of insulation. Tarafa was …

Insurers Face Huge Losses from Latest Deadly Tornadoes

Less than a year after a series of tornadoes caused some of the worst insured losses in U.S. history, the insurance industry is likely facing substantial costs again after storms killed at least 33 people on Friday. Friday‚Äôs system has …