Homeowners insurance

Insurance providers could use digital-based strategies like home management platforms and homeowner AI tools to reduce claims and increase customer satisfaction.

Losses related to natural disasters and other perils rose for the seventh year, and that costs both insurers and consumers more money, LexisNexis said.

As this year's natural disasters bring heightened attention to the cost and availability of homeowners insurance, servicers often find themselves caught in the middle when customers see premium hikes.

The 13 largest homeowners insurance underwriters denied almost half of their climate-related claims last year, adding to property owner and mortgage servicer woes.

Despite shopping rates reaching a record high, clear communication strategies can mitigate carrier switches, according to the 2024 Home Insurance Study.

Now weakened to a tropical depression, Francine will continue to travel inland in the southeastern U.S.

Tips for agents as they help consumers navigate the current landscape.

The rate hike, which will take effect from November, will impact about 350,000 policyholders across California.

Understanding the connection between PUIDs, geocoding and address verification is crucial for property and casualty insurance carriers

Switching to rooftop geocoding is a smart move for insurers, especially when paired with persistent unique identifiers.