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The owner of the cargo ship involved in Baltimore's bridge disaster declared 'general average.'

The average cost of insuring a U.S. home last year was $1,905 — 50% higher than 2019.

Insurance technology news from The Black Car Fund with CLARA Analytics technology.

Eight property and casualty insurers have recently been approved to enter the Florida market.

Barclays estimated that insurers face claims of as much as $3 billion following the accident.

This news comes on the heels of State Farm pulling back further from the California market.

With the average premium around $6,000, some Floridians are foregoing homeowners insurance in favor of self-insurance with their investments.

The disaster at the Francis Scott Key Bridge is likely to cause huge disruption at one of the country's busiest ports.