Shipping Insurance Rates Soar as Red Sea Crisis Bites
AFP — Attacks on commercial ships in the Red Sea by Yemen’s Houthi rebels have sent insurance premiums soaring, exacerbating costs already rising due to higher freight costs and the extension of alternative trade routes. Since November, the Houthis have carried out relentless attacks on ships transiting the Red Sea, a maritime hub through which […]
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Average home insurance cost in the US surged 23% in January: report
The average price of home insurance rose 23% in January from a year earlier, and in some states, premiums hit inflation-hit homeowners by more than 60%, according to a recent report. Natural disasters and rising construction costs have pushed the national average for insurance on a $250,000 home to $1,759 a year, or about $147 […]
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Get $1K bet insurance for NBA Dunk Contest, any sport
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Commercial content. Over 21 years old. Action Network is the official betting partner of the New York Post, which edits this content. New York Post readers can claim Caesars Sportsbook’s new customer offer and get fun bonuses on all sports.Just use the promo code to register NYP News 1000 If your first bet loses, you […]
Florida home prices fall over surging insurance costs
The insurance crisis hitting the Sunshine State has caused a surge in excess inventory and sent home prices plummeting along Florida’s southwest coast. Real estate agents said rising home insurance prices are deterring would-be snowbirds from buying property in the popular corridor between Sarasota and Naples. Prospective buyers are spooked as insurance premiums have risen […]
Surging auto insurance costs are fueling higher inflation
Former Assistant Secretary of the Treasury Monica Crowley talks about the strain inflation is having on the middle and lower classes on “The Bottom Line.” Rising auto insurance premiums are fueling high inflation and continuing to put financial pressure on millions of households across the country. Consumer prices rose 0.3% Labor was up 3.1% in […]
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