higher premiums News

Severe weather including hailstorms is driving up the cost of homeowners insurance in the Cheyenne, Wyo., area. James Mitchell with the Wyoming Insurance Department says many Wyoming property owners are set to see higher premiums if they haven’t already. He …

Premiums for so-called force-placed insurance have more than tripled since 2004, producing enormous profits for insurers and the banks that take out policies when a homeowner fails to maintain coverage required by the mortgage, according to New York regulators. In …