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Property insurance

Higher rates may not solve California's property insurance woes

by Amy Scott and Sean McHenry
May 6, 2024
With climate change hiking insurer costs, the state may allow catastrophe modeling as a stopgap, says former Insurance Commissioner Dave Jones.
"As climate change has driven more frequent and severe weather-related events, it's killing people, damaging property and causing more insurance losses," says Dave Jones, a former state insurance commissioner.
Mario Tama/Getty Images
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After multiple natural disasters, Florida residents have fewer options for insurance coverage

by Maria Bakkalapulo
Jan 30, 2019
Larger insurance providers have been cutting back on Floridians' property insurance coverage.
Donnie Young reacts after seeing one of his houses in Port St. Joe beach, Florida, on October 13, 2018, three days after Hurricane Michael hit the area.
ANDREW CABALLERO-REYNOLDS/AFP/Getty Images
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Marketplace Tech Blogs

The insurance industry gets a tech makeover. Is it more than skin deep?

by Molly Wood
Sep 11, 2018
Insurance startups, like Lemonade, aim for more efficiency and transparency in the industry.
Drew Angerer/Getty Images
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Property insurers report the worst first-quarter profits in more than 20 years

by Ryan Kailath
May 2, 2017
When you buy insurance for your car or your house, you and your insurance company hope you’ll never have to use it. Well, not so much in 2017. Property insurers are reporting the worst first-quarter profits in more than 20 years.  You can blame hailstorms, ice storms, tornadoes—the kind of severe weather that contributes to […]
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