In a monthly update, Allstate noted slight shifts across its insurance portfolio. Allstate Protection auto policies declined marginally in April, while commercial lines dropped by 31.6%. In contrast, homeowners policies increased by 2.5%, contributing to a 0.3% rise in total policies in force to 37,812.
With the popularity of Electric Bikes, it’s important to understand the rules. According to the Colorado General Assembly the following is how E-bikes are treated in the state of Colorado.Each County or City have additional rules and restrictionsFor the City of Boulder visit: HEREFor the City of Louisville visit: HERE The different types of E-bikes…
The insurer, part of Berkshire Hathaway Insurance Group, currently employs nearly 3,800 workers across Florida, primarily in Jacksonville and Lakeland. Geico said the expansion is part of its ongoing commitment to modernize operations and grow its business. Source link
The report, which reviewed various aspects of the carrier’s operations – including customer service, claims handling, internal audits, and information technology – found that Citizens needs to strengthen its processes to ensure policies adhere to statutory coverage limits. Source link
The company posted net income of US$210 million, or US$4.90 per diluted share, a decrease from US$733 million, or US$16.87 per diluted share, in the same quarter last year. Net operating income also dropped to US$276 million, or US$6.45 per diluted share, compared to US$709 million, or US$16.32 per diluted share, in Q1 2024. Source…
In 2024, roof repair and replacement costs totaled nearly $31 billion, a 30% increase since 2022. Roof-related claims represented over a quarter of all residential claim value, with wind and hail as the primary drivers. These two perils accounted for more than half of residential claims and non-catastrophic wind and hail claims have risen from…
