Homeowners insurance

InnSure executive director shares how communities can combat higher rates and mitigate climate risk by taking control of their insurability.

Only 3.30% of homeowners in the top state are uninsured.

Roughly 13% of homeowners in the top state are uninsured.

The Congressional Budget Office acknowledged limitations in its research of expected flood damage data.

More than 7 million homes in the US are already exposed to fire risk, a figure seen climbing to nearly 13 million over the next 30 years, according to a 2022 study.

Zurich and Aon launch clean energy insurance facility and Mercury expands virtual home inspections, plus other insurtech news.

Progressive scored first overall for online user experience in the Q2 2024 Online Insurance Scorecard from Keynova. State Farm and USAA tied for second.

There was an increase in cases involving business liability, business interruptions and non-hurricane homeowners policies, according to LexisNexis company, Lex Machina

Western utilities and beyond are finding it prohibitively expensive, if not impossible, to insure against potential fire-related claims. The issue will become more pressing as climate change makes droughts more intense and frequent, heightening the chances of more destructive infernos.

California's lofty home prices and scarce inventory already amounted to one of the most nightmarish housing markets in the U.S.

Over three-fourths, 76%, of consumers have reviewed their insurance policies in the past six months or plan to do so by the end of the year, according to Nationwide's 2024 Economic Impact research.

The home inventory data management platform has added features plus enhanced AI capability to detect items and compile information automatically.

The latest TransUnion report on insurance shopping trends found, like J.D. Power's research, that auto insurance shopping has increased again after dropping at the end of 2023.

With Florida being threatened by more powerful hurricanes, commercial-property insurance costs last year surged at nearly five times the national pace, according to credit rating firm AM Best Co. Inc.

Complexity within the insurance industry is exacerbated by climate change.

Confronted with climate change, digital transformation and shifting consumer expectations, the insurance industry is hustling to adapt to meet new demands.

Suggestions for how property insurers can accomplish effective low touch claims processing.

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.