Articles

  • 4 days ago | propertycasualty360.com | Brittney Meredith-Miller

    The rate agreement prohibits the Rate Bureau from undertaking any efforts to raise rates again before June 2027. (Credit: nd700/Adobe Stock) North Carolina homeowners saw their insurance premiums increase an average of 7.5% on June 1, with another 7.5% increase slotted for June 2026. State Insurance Commissioner Mike Causey announced the rate increases in January. Your access to unlimited PropertyCasualty360 content isn’t changing.

  • 5 days ago | propertycasualty360.com | Brittney Meredith-Miller

    Progressive reports that in 2024 it contributed over $7 million to help families achieve homeownership, and this program is an expansion of that effort. (Credit: Petrik/Adobe Stock) Over the last three decades, the median wealth gap between homeowners and renters has climbed 70%, according to The Urban Institute. This unprecedented indifference has made it difficult for many to go from renting to purchasing their own home, which can impede efforts to build generational wealth.

  • 6 days ago | propertycasualty360.com | Brittney Meredith-Miller

    PropertyCasualty360's annual Agency of the Year award recognizes three independent agencies that shine amidst their peers. These honorees represent the best the insurance industry has to offer, and go above and beyond in the pursuit of excellence. The 2024 Agency of the Year winners were Atlas Insurance, Insurance Nation and Empire Insurance Group. Your access to unlimited PropertyCasualty360 content isn’t changing.

  • 1 week ago | propertycasualty360.com | Brittney Meredith-Miller

    Family pets are always a consideration when writing a home insurance policy. Things have shifted in the last few years, though, as states have moved away from excluding certain dog breeds from policies in favor of deciding whether an individual dog poses a threat. In Florida, for example, a county recently passed an ordinance that will force those with declared "dangerous dogs" to carry $500,000 in liability coverage.

  • 1 week ago | propertycasualty360.com | Brittney Meredith-Miller

    New Zealand-born Renwick had a 32-year career with Progressive, with about half of those years spent as CEO. (Credit: Ken Wolter/Shutterstock) Former Progressive CEO and Chairman Glenn Renwick died on May 16 in a car accident at the age of 69. According to a Florida Highway Patrol report, Renwick was driving his Tesla Model S on a Florida interstate when his vehicle left the lane and collided with a truck.

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