homeowners insurance News
U.S. Senate Committee Wants Investigation Into Florida Citizens’ Loss Reserves
The chairman of the U.S. Senate's Budget Committee has begun an investigation into Florida's Citizens Property Insurance Corp. and how the state-created insurer plans to ...
U.S. Home Insurance Less Affordable Due to Natural Disasters, Rising Repair Costs: Report
The growing frequency and severity of natural disasters amid rising home repair costs, along with other economic factors, have contributed to less affordable homeowners insurance, according to a ...
Property Insurers to Provide Data to State Insurance Regulators to Better Understand Rates
A nationwide data call was put out recently to property insurers to assist state insurance regulators in better understanding property markets, coverages and protection gaps, according to the ...
California Property Insurer of Last Resort Partners With ZestyAI
The California FAIR Plan Association, the state's property insurer of last resort, announced it will use climate and property analytics provider ZestyAI's Z-FIRE wildfire risk analytics product to ...
Most Homeowners Face Barriers to Boost Resiliency: APCIA Survey
As personal property owners face issues related to rising frequency and severity of natural catastrophes, a survey has found many do not have money or know where to start in order to mitigate ...
Homeowners Unprepared for Non-Weather-Related Water Damage: Report
Homeowners lack preparedness for non-weather-related water damage, even though water damage ranks as the second most prevalent cause of insurance loss claims, according ...
Most Consider Insurance Pricing Factors Fair, But Half Struggle to Pay
How insurers price personal auto and homeowners policies is fair, according to most Americans, but nearly half (47 percent) said paying for coverage was a challenge, a newly-released Insurance ...
Survey Finds Homeowners Are Putting Off Repairs, Reducing Homeowners Coverage
Many U.S. homeowners are delaying home repairs, potentially putting their property at risk of damage, according to the latest Nationwide Agency Forward survey. A quarter of the homeowners surveyed ...
Climate Change and Homeowners Insurance Are on a Collision Course
A summer that already has seen water crises and wildfire smoke is rapidly becoming an inflection point in the pitched battle between climate change and the price of ...