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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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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Virginia Dems advance bill through Senate to provide taxpayer-backed health insurance to illegal immigrants
Virginia Democrats have introduced a bill that would extend taxpayer-supported health insurance to undocumented immigrants. On Tuesday, the Democratic-controlled state Senate passed the “Cover All Children” bill on a party-line vote of 21-19. The law aims to provide undocumented immigrants under the age of 19 who are not enrolled in a group health plan or […]
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