Insurance

Thanksgiving Day is the peak day in the U.S. for home cooking fires, so organizations and companies including State Farm are warning consumers to take safety precautions.

The national average for a gallon of gas is steadily declining. If both gas demand and oil prices stay low, drivers can anticipate additional decreases in pump prices leading up to Thanksgiving.

U.S. renter households remained burdened in the third quarter of 2023, according to a report from Moody's Analytics that found 30% of renters' gross income was spent on rent.

The FDIC board called off a scheduled meeting to complete a plan to reimburse a federal deposit insurance fund for billions in losses tied to the collapse of two large banks in March.

Homeowners could be doing more to protect their homes from non-weather related water damage – the second most prevalent cause of insurance loss claims – and could save money as a result, a recent survey by The Hanover Insurance Group said.

Nationwide gas prices continue to fall as demand likely remains flat. The steady decline could accelerate following recent drops in the price of oil, according to AAA.

Borrowers are spending more to finance car purchases across the board, but poor credit ratings can drive the cost up by up to $12,000, a recent report by Jerry said.

The rise in home insurance costs is not only making it unaffordable for homeowners, but it also risks devaluing their property, a recent First Street analysis said.

Gas prices have edged lower amid weaker gas demand and declining oil prices. Thousands of gas stations in the U.S. are now selling unleaded gasoline for below $3 a gallon, according to AAA.

The variables that insurers use to calculate the price of a policy are, for the most part, deemed fair by customers, but they are struggling with rising costs, a recent survey said.

Open enrollment is an annual period during which people can sign up for health insurance or change their plans.

Open enrollment is offered one time annually and permits most employees to review their healthcare coverage, plans and health savings accounts (HSAs) to maximize their physical, mental and financial well-being.

Although gas prices declined and demand weakened this week, the pace was slow. The speed at which prices are falling is being held up by the cost of oil, according to AAA.

Fresh data from insurance giant State Farm shows a significant drop in catalytic converter theft claims this year, which soared in 2022 as criminals targeted the pricey auto part.

Auto insurers are passing on the rising cost of covering claims to their customers and an increasing number are deciding to forgo coverage as a result, a recent report by J.D. Powers said.

Nationwide gas prices dipped on average by eight cents to $3.56 for the week ending Oct. 19, AAA said.

Premiums for employer-based health insurance have jumped to an average of $24,000 annually, up 7% from last year according to a new survey. Workers pay around $6,500 of that.

A report from Mindspace found that wellness-enhance offerings in the workplace aren't just good for employee health but can boost workers' motivation and sustain productivity.

Home insurance costs have increased due to natural disasters and inflation pressures. But there are ways to save on homeowners insurance policies.

Insurance premiums have increased by 17% over the past 12 months, but drivers can use some cost-reducing strategies to lower those premiums, according to a recent Experian report.