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Growing construction costs, increasing catastrophe exposure and a difficult reinsurance market led to the decision, according to the company.

Home insurance rates in the U.S. are expected to see an average increase of 9% this year.

Making matters worse, home replacement costs have escalated more than 55% since 2019, according to Triple-I.

From January 2019-October 2022, Colorado home insurance premiums have increased 51.7%, on average, or 11.5% annually.

In this slideshow, we'll examine the eight most common reasons insurers deny homeowners claims, according to Credible.

From estimating to calculating: Predictive modeling and machine learning remove the guesswork from evaluations.

These U.S. counties have taken the hardest hit from natural disasters over the last decade, according to Forbes.

The justices were guided by a 2020 decision related to an identical policy where the court found the term "physical abuse" as used in the exclusion was ambiguous.