Various factors driving up car insurance premiums in Washington state
(The Center Square) – On the heels of a double-digit increase last year, Washington state drivers can expect to pay even more for auto insurance this year. A report by personal finance website Value Penguin estimates Evergreen State motorists will see the second biggest increase in premiums in the nation this year, at 18%. “There are a […]
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Baltimore disaster could set record marine insurance payout
Lewis Campion, president and CEO of the Maryland Motor Truck Association, discusses the impact of the Francis Scott Key Bridge collapse on trucks and transportation routes on “The Bottom Line.” Total insurance claims payable as a result of the Francis Scott Key Bridge collapse in Baltimore will likely reach billions of dollars, ultimately making it […]
NY Gov. Kathy Hochul’s campaign sued for failing to pay $50K fine over not carrying employees’ insurance coverage
The New York State Workers’ Compensation Commission has sued Gov. Kathy Hochul’s campaign, Friends of Kathy Hochul, for failing to pay a $50,000 fine for not having employee insurance. The state commission filed a petition for judgment in Buffalo State Supreme Court on February 26, according to court documents. Almost all employers in New York […]
High homeowners insurance rates scaring away Florida homebuyers, other states face the same issue
Southern states such as Florida, Texas, and Oklahoma have some of the highest homeowners insurance rates in the country. (iStock) Florida is in the midst of an unprecedented insurance crisis. The state has the highest homeowners insurance rates in the country. Insurify survey results revealed. These record high interest rates are turning away potential homeowners, […]
Baltimore Bridge Catastrophe May Be Biggest Ever Marine Insurance Payout
The destruction of Baltimore’s Francis Scott Key Bridge and its economic fallout could result in the largest marine insurance claim in history, the chairman and chief executive of London-based insurance giant Lloyd’s said in separate Thursday statements. stated in an interview. “We are beginning to dedicate resources to this in anticipation that this will be […]
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Eric Trump Says Insurance Companies ‘Were Laughing’ When Trump Asked For Half-Billion Dollar Bond Request
Eric Trump said Sunday during his Sunday Morning Futures show with Maria Bartiromo that insurance companies were “laughing” when former President Donald Trump asked for $500 million in bonds. . The former president reportedly was unable to post $454 million in bail after being ordered to pay it to the state of New York as […]