UK home insurance claims linked to weather hit record
Tuesday, 16 April 2024 () London (AFP) April 15, 2024
The total value of home-insurance claims in the UK linked to damage caused notably by storms surged to a record level last year, an industry body said Monday. Weather-related damage claims reached GBP 573 million ($716 million), up 36 percent on 2022, according to the Association of British Insurers (ABI). "This massive rise was largely fuelled by the succession of storms, including Babet,
State Farm Won’t Renew Coverage , for 72,000 Homeowners in California.
The news comes nine months after the insurance giant announced that it wouldn't issue any new home policies in California.
The..
Credit: Wibbitz Top Stories Duration: 01:30Published
Tuesday, 16 April 2024 ()
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