Everything You Need to Know About Fire Insurance

Everything You Need to Know About Fire Insurance

Fire insurance is a type of property insurance that covers damage and losses caused by fire. It is designed to help homeowners, renters, and business owners recover financially after a fire incident. Here’s a comprehensive guide to understanding fire insurance: 1. What Does Fire Insurance Cover? Fire insurance typically covers: Damage to the Property: Repairs or … Read more

Tariffs Pressure Canada, Mexico, China, US Insurers Globally

Tariffs Pressure Canada, Mexico, China, US Insurers Globally

Tariffs imposed on Canada, Mexico, and China could indeed create pressure on U.S. insurers, particularly in the property and casualty (P&C) and reinsurance sectors. Here’s how:   1. Increased Costs for Insurers Higher Material Costs: Tariffs on goods imported from these countries, such as steel, aluminum, and electronics, can increase the cost of raw materials used … Read more