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Allstate Says It’s Ready to Grow Homeowners Line With All 3 Distribution Channels

Nov 18 2024 // Allstate said it sees opportunity where others may not — in homeowners insurance. And the insurer plans to use all three distribution channels to do it.Due to rising trends in the frequency and severity of...

Homeowners Insurance Does Not Cover Cryptocurrency Theft, 4th Circuit Affirms

Nov 18 2024 // A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the loss of a digital currency does not involve a “direct physical loss” as required by...

The Data Behind Rising Homeowners Premiums: By Peril and By State

Nov 18 2024 // The U.S. home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according to a new report released by LexisNexis Risk Solutions. The ninth annual LexisNexis U.S. Home...

Progressive to End Offering Dwelling Fire Insurance

Nov 12 2024 // Progressive said it will stop offering dwelling fire insurance, with nonrenewal notices going out as early as Nov. 19.The Mayfield, Ohio-based insurer late last week said the decision to discontinue writing the coverage,...

Changes to Washington Homeowners and Auto Premium Rule to Be Considered

Nov 4 2024 // Washington Insurance Commissioner Mike Kreidler has proposed modifying the state’s recently adopted premium change transparency rule.The proposal is specific to Phase 2 of the rule (the automatic inclusion of reasons...

Allstate Says It’s Ready to Grow Homeowners Line With All 3 Distribution Channels

Nov 1 2024 // Allstate said it sees opportunity where others may not — in homeowners insurance. And the insurer plans to use all three distribution channels to do it.Due to rising trends in the frequency and severity of...

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