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Florida Insurer Seeks 31% Premium Hike 

Tampa-based insurer TRUE is seeking approval for a 31% rate hike in homeowners’ insurance premiums, citing rising reinsurance costs and financial strain from past hurricanes. The request, now under regulatory review, would raise average annual premiums by $1,357 and...

Rate Hikes Coming for North Carolina Homeowners

Homeowners across northeastern North Carolina will see insurance rate hikes starting this month after a settlement was reached between insurers and state regulators.  The increases include: Territory 110 (Carova to Ocracoke) rising 5.1% this month and 4.8% in...

Consumer Prices Rise at Slowest Pace in Seven Months

A key U.S. inflation gauge showed further cooling in April, as consumer prices rose at their slowest annual pace in seven months, according to a report from the Commerce Department. Inflation eased with consumer prices rising 2.1%, the slowest pace since September,...

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