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Maui Wildfire Insurance Claims Already Top $1.3 Billion

Property loss claims stemming from the wildfires that ripped through Maui in August have topped $1.35 billion so far, the Hawai‘i Insurance Division reports. Following the Aug. 8 wildfires, the division asked insurers to share data on losses related to the fires and wind damage. As of Sept.

Catalytic Converter Thefts Drop 37% | Insurify

For the first time since 2019, catalytic converter thefts are declining. Thefts of the auto part, which converts exhaust into less harmful gasses, are down nearly 37% in the first half of 2023, according to new data released by State Farm, the largest U.S. car insurer by market share.

Investigation: Did TikTok’s Kia Challenge Cause a 55% Spike in Insurance Rates? - Insurify

The summer of 2022 was a bad time to own a Kia or Hyundai, especially if you drove one of the models the now infamous “Kia Boyz” targeted. In July of last year, Kia and Hyundai thefts spiked nationwide, largely attributed to a viral TikTok video by @robbierayyy that exposed

How Virginia Wildfires Could Impact Home Insurance Rates | Insurify

Gov. Glenn Youngkin declared a state of emergency in Virginia due to multiple wildfires in the state, stoked by dry conditions and dry winds. The month-long state of emergency went into effect on Monday, Nov. 6, 2023, days after two fires — the Quaker Run Fire in Madison County and

Would Homeowners Insurance Cover Kevin McCallister’s Destruction in ‘Home Alone’? - Insurify

Ask most millennials about their favorite Christmas movies, and there’s a good chance they’ll mention “Home Alone.” The classic 1990 family comedy, directed by Chris Columbus and written by John Hughes, follows 8-year-old Kevin McCallister (Macaulay Culkin) after his parents accidentally leave him home alone. When

NY to End Photo Inspections for New Car Insurance Policies | Insurify

New York drivers buying a new full-coverage car insurance policy may no longer face cancellation if they fail to submit photos of their vehicles to their insurance companies within 14 days. As of May 15, 2024, the new Auto Insurance Consumer Relief Act will allow insurers to waive the

Judge Greenlights Coverage Expansion for CA FAIR Plan | Insurify

A Los Angeles Superior Court judge ruled on Nov. 27 that California’s insurance commissioner can order the state’s home insurer of last resort to expand its home insurance offerings. It’s the second time the courts have ruled in the state’s favor on the issue. “With insurance