Homeowners insurance

California Governor Gavin Newsom said he wants lawmakers to expedite the approval process for insurance companies seeking to hike rates, saying an overhaul of the state's market is taking too long.

There's temporary leeway on formal compliance with replacement-cost value requirements in order to sort out insurer concerns with a recent re-emphasis on them.

Allstate Corp. will end its years-long pause on underwriting in California as soon as the state regulator adopts proposed regulatory changes to make it easier for insurers to raise rates, according to a company spokesperson.

Greater exposure to climate risks is driving an increase in insurance premiums and decrease in insurance availability.

There is a disconnect between today's insurance frameworks and the financing needed to invest in adaptation and mitigation measures.

An increase in severe storms and a larger number of high-severity claims is causing longer wait times, which is impacting customer satisfaction, according to the J.D. Power 2024 U.S. Property Claims Satisfaction Study.

Cost of property coverage rose more than 55% over the last five years and it'll likely keep rising through 2024, a report from Guaranteed Rate found.

Homeowners insurance rates in Florida have always been above the national average, but in recent years they have risen to unprecedented levels.

The volume of active for-sale condo listings in the Sunshine State increased by 40% last month compared to a year earlier, Redfin said.

The home maintenance and management company Fixle, incubated by American Family, will retain the support of the insurer's venture capital arm as a minority investor.