Homeowners insurance

The path to more effective hurricane preparedness lies in proactive planning, automation, and the efficient utilization of data and analytics.

Both commercial and homeowner insureds may have to turn to parametric insurance to cover losses as carriers leave markets and force states to cover the burden.

A combination of economic and environmental factors are sending property and flood coverage premiums soaring, which can make costs insurmountable for some.

First Street estimates that 39 million U.S. homes are insured at artificially suppressed prices compared with the risk they actually face. Of those, nearly 6.8 million homes are covered by state-backed "insurer of last resort" policies.

Plymouth Rock's VP of customer solutions focuses on improving communication.

Consumers continue to shop carriers for home and auto insurance in response to persistent rate increases.

Reeling from four hurricanes in 2020 and 2021 that caused $23 billion in damage, the state is undergoing an insurance calamity that is harming its economy and even reducing its population.

The storm is slamming housing markets already beset by some of the nation's highest property insurance premiums.

Looking at lessons from past disastrous fires, here are steps that can help reduce fire risk at the home and community level.

AI-powered catastrophe and risk models use varied sources, including aerial imagery.

In other news: A Nationwide survey shows customers are reducing their homeowner's insurance coverage.

Driven by weather catastrophes and higher building costs, new research showed.

Since 2020, the number of properties it insures has tripled to almost 1.4 million. Citizens estimates it may add another 300,000 by the end of the year

There were more than 40 funding events in the insurtech sector in July, according to a review by Digital Insurance.

CSAA used AI-powered aerial image analysis in a decision to not renew a homeowner's insurance policy in Northern California.

Yellen, who also chairs the Financial Stability Oversight Council, said that a spate of extreme weather events is causing insurers to raise rates on homeowners.

Farmers Insurance's latest effort to reduce risk by not renewing Georgia homeowner policies was flagged as illegal by Georgia's Insurance Commissioner and forced to be retracted.

Major firms cite costly devastating hurricanes and widespread litigation against the industry as reasons to sunset policies for an unspecified number of property owners.

Consumers preferred to share data using smart devices in the home: 45% said they are happy to share information via Amazon Alexa, Google Home and the like. A little over a third of consumers (36%) said they were willing to share data through wearables or fitness health tests.

Highlights including VYRD Insurance on smart home water damage detection, Principal Financial Group on claims processing and Travelers' work with ServiceNow.