GETTING PREPARED
Florida's s state-backed insurer of last resort has purchased $3.56 billion in reinsurance cover for this year's potentially devastating hurricane season.
TOP OF THE LIST
Allstate, one of California’s largest insurers, wants to raise its homeowners’ rates by an average of 34%. The rate hike would impact more than 350,000 policyholders if approved by the state's Department of Insurance, according to the Los Angeles Times.
GEN Z DISTRACTED DRIVING
Risky driving behavior rises among younger demographics as distracted driving violations by
Gen Z increased 24% from 2022 and a staggering 66% in comparison to 2019.