News Releases

MN Homeowners Face Coverage Gaps As Flood Insurance Hit US Low

Only 0.3% of Homes Covered Despite Millions in Losses IFM Encourages Prep During Severe Weather Awareness Week

4/8/25

Changes coming to many Homeowners’ policies

Severe weather, material and labor costs, driving premium increases, and policy changes

11/1/24

Minnesota Takes Aim At Hidden Investors Behind Court Cases

Third-Party Funding Clouds Interests in Lawsuits; Adds to Insurance Costs for Everyone

3//25

Aaron Cocking: Paying more for auto insurance? Here’s why.

Under state law, auto insurance rates must ensure that insurance companies remain solvent and able to pay future claims. Insurers must also prove that every rate increase is justified.

3/12/25

Water in your basement: Are you covered?

Insurance Federation of Minnesota reminds homeowners about coverage following heavy rains.

6/6/24

Weather, Repair costs are impacting insurance premiums

Insurance Federation of Minnesota reminds consumers to review policies, compare options.

2/13/24

Severe Weather Outbreak Points out Insurance Needs

With severe weather this week striking a large swath of Minnesota, including the Twin Cities Metro Area, the Insurance Federation of Minnesota is offering claims advice to homeowners that can help ease the process.

5/12/22