FEMA: SW Florida Stripped of Flood Insurance Discounts After ‘Improper Rebuilds’ April 3, 2024 After spiking premiums, nonrenewals and complaints about unpaid claims, more than 115,000 property owners in southwest Florida are now facing...
Hawaii Says 30 Lahaina Fire Survivors Are Moving Into Housing Daily But 3K Still in Hotels April 2, 2024 By Audrey McAvoy Hawaii Gov. Josh Green said some 3,000 people displaced by Lahaina’s wildfires are still living in hotels more than seven...
US Home Insurance Premiums May Hit a Record This Year, Report Warns April 1, 2024 By Coco Liu US home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states...
More Than Half of Homeowners Fear Climate Change, Most Worry About Rising Home Insurance Costs March 28, 2024 Homeowners are increasingly worried about hazards and rising insurance costs as temperatures rise in the U.S. A survey of nearly...
US Homebuyers Expecting $10,000 Savings Face Tough Reality March 25, 2024 By Patrick Clark and Prashant Gopal Consumers expecting big savings from a National Association of Realtors’ class-action settlement over agent commissions may instead be in for...
Minnesota Homeowners Insurance Complaints Rise on Denied Claims, Out-of-Pocket Costs March 25, 2024 Minnesota homeowners insurance complaints rose 108% from 2020 to 2023 on complaints from homeowners concerned their claims were denied or...
Weathering the Storm: The Impact of Climate-Driven Risk Reassessments on the Housing Market March 25, 2024 By Travis Hodges One of the most pressing challenges facing insurance professionals today is the escalating impact of extreme weather events in traditionally...
650,000 Residential Properties Hit by Severe Hail in Central US Storms March 20, 2024 By Ezra Amacher A severe convective storm system spawned softball-sized hail and destructive tornadoes across the central U.S. last week, leaving meteorologists to...
California Insurer of Last Resort Is Unprepared for Big Disaster March 19, 2024 California’s property insurer of last resort told lawmakers that it’s financially unprepared to cover the costs of a major catastrophe...
Winning Over the Policyholder: How Claims Can Help Improve Carriers’ Relationships with Insureds March 15, 2024 By Larry Millburn Many years ago, as the holiday season wrapped our home in a festive embrace, a tranquil evening turned into a...