Lawmakers probe insurance coverage disaster as premiums skyrocket

The price to insure a house has soared in lots of U.S. states lately, and lawmakers in Washington are taking discover.

Democrats and Republicans sparred throughout a Senate Banking Committee listening to Thursday over the causes of rising home-insurance charges and deductibles and the development of some insurance coverage firms abandoning markets in states like California and Florida the place they consider its not worthwhile to function.

Sen….

Source web site: www.marketwatch.com

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