INSIDER
Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits
Read full article: Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profitsDestructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response.
Progressive dropping 100,000 home insurance policies in Florida. Here are the details
Read full article: Progressive dropping 100,000 home insurance policies in Florida. Here are the detailsIn the middle of what’s being called a “property insurance crisis” in Florida, several local homeowners said their policies are being dropped by Progressive, one of the biggest property insurance companies in the country.
🚗Here’s why car insurance companies are leaving some states, including Florida
Read full article: 🚗Here’s why car insurance companies are leaving some states, including FloridaSince the beginning of 2023, several major insurance companies have announced that they would stop writing policies or drastically reducing offerings in two of the three most populous states in the U.S.
Burn the turkey? Whole Foods will ‘insure’ your Thanksgiving meal
Read full article: Burn the turkey? Whole Foods will ‘insure’ your Thanksgiving mealWhole Foods is teaming up with Progressive to offer insurance for your Thanksgiving meal in case the cooking goes haywire. The promotion amounts to a free $35 Whole Foods gift card to customers who quote “commit a turkey cooking fail.”The idea is that coronavirus restrictions are forcing households to host smaller gatherings, sometimes featuring inexperienced family cooks. | Shaq’s mansion discounted by $3M]Here’s how it works:Buy a Whole Foods-branded turkey from the store between Nov. 11-22. If it winds up overcooked, undercooked, burnt, or dry, you can submit a claim with a receipt, brief explanation, and picture to a special website. Entries have to be submitted starting Thanksgiving Day through the following day at 3 a.m.