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Connecticut bans price optimization in insurance rates

At the end of last week, Connecticut Insurance Commissioner Katharine L. Wade announced that the state's Insurance Department has officially warned all property and casualty insurers against using price optimization, a controversial pricing method that, in...

2016 will be transformative for the insurance industry

According to a new report from financial giant Ernst & Young (EY), 2016 is going to be quite a different year for property and casualty insurers than recent times. There will be transformations in a number of areas within this industry, including an increased...

Three things to remember when buying homeowners insurance

Buying a home can often be an overwhelming process, especially for those entering the market for the first time. That is why it often becomes too easy to treat insurance as an afterthought, though it should be one of the top things on your list to take care of. Should...

What every homeowner should know about their insurance

Here are a few important things that every homeowner needs to know about their insurance:Keep pace with financial inflation: This is one of the key points of a comprehensive homeowners insurance policy. While your home might have cost $100,000 to build a decade ago,...

3 ways to get the most out of homeowners insurance

Buying insurance can often be a frustrating experience, but it is essential to get a plan that is comprehensive enough. Here are a few tips that will help you get the most out of your homeowners insurance:Know your home's value: One of the most important things to...

How to save money on your homeowners insurance

If you are looking to save money on your homeowners insurance policy each month, there are plenty of ways to do so. Here are a few tips that can help you out:Improve your home security: There are usually discounts available for different security precautions, such as...