A Decatur, Illinois, independent insurance agent has pled guilty to charges that he defrauded his clients of more than $250,000 from February 2011 to July 2016.
While homeowners likely understand the basics of their insurance policy, you might be suprised by their incorrect, and potentially costly, assumptions about coverage.
Direct premiums written among the top 25 homeowners' insurance providers totaled $91.3 billion in 2016, compared with $89 billion in 2015 and $86.7 billion in 2014.
Cyber insurance remains a work in progress when it comes to assessing the risks carriers face and providing a clear and comprehensive set of products and services to attract more buyers.
Northern California continues to deal with record flooding that has killed at least eight people, forced some 14,000 residents from their homes in San Jose and shut down Highway 101.