Illinois and Utah turn 50

 

 

Homeowners insurance has soared over 50% for these states.  The sharpest spike was in Utah, where they soared 59%, from an average of $1,126 in 2021 to $1,795 just four years later. The chief culprits, according to Utah Insurance Commissioner Jon Pike, are more homes being built in wildfire-prone areas and a traditionally underpriced insurance market finally adjusting for inflation. 

 

See the list…

 

 

BCU Presents – 2025 Market Trends, August 27th @ 2pm CT

 

 

The insurance market remains challenging, with ongoing rate volatility, reduced carrier capacity, and tightening terms — particularly in difficult states. Navigating these shifts requires proactive planning and up-to-date market intelligence.  Join us for BCU’s upcoming Market Trends Presentation, where we’ll share insights on current conditions, pricing trends, and strategies to better position clients in this environment.

RSVP HERE

 

 

Nuclear Verdict

 

 

A jury recently awarded $4.2 million to an 82-year-old Georgia woman who suffered significant injuries when she was attacked by a neighbor’s dog. The woman was walking with a friend near her home in Jonesboro, Ga., when a 130-pound Presa Canario mastiff entered her property, knocked her to the ground, and bit her hand and thigh.

READ MORE