The Rising Cost of Home Insurance: What Homeowners Need to Know

Home insurance costs are rising due to climate change, inflation, and other factors. Learn why premiums are increasing and how homeowners can save money. Introduction Home insurance is a crucial safeguard for homeowners, protecting against financial losses from disasters, theft, and liability. However, many homeowners are facing significant premium increases. The rising cost of home … Read more

Storms Cost Insurers 5.5 Billion Euros: The Growing Financial Impact of Extreme Weather

Severe storms in Europe have resulted in record insurance claims, costing insurers 5.5 billion euros. Learn how extreme weather is affecting the industry and what it means for future coverage. Introduction Extreme weather events are becoming more frequent and costly, with storms in Europe causing a staggering 5.5 billion euros in insurance losses. This financial … Read more

When smartphones secretly create driving profiles

Texas Attorney General Ken Paxton is always at the forefront when it comes to high-profile court cases. With his latest lawsuit, the politician is siding with drivers. “The personal data of millions of Americans was sold to insurance companies without their knowledge or consent.” The accusation: Without adequately informing its customers, the insurance company Allstate … Read more

Insurance companies are said to have exchanged customers’ health data

North Rhine-Westphalia’s chief data protection officer is investigating the illegal exchange of health data between insurance companies. She has launched investigations against ten providers. They are said to have exchanged their customers’ health data via a shared email distribution list: North Rhine-Westphalia’s state data protection officer has initiated investigations against ten insurance companies for an … Read more