Category: Homeowners insurance

Illinois sued State Farm Fire and Casualty Insurance Co. to force it to provide information for an investigation into the company’s rapidly rising premiums for homeowners. … Continue Reading >State Farm sued by Illinois amid probe of homeowner premiums

Preliminary insured losses for the first nine months of 2025 already stand at about $105 billion, according to a report Wednesday by Gallagher Re. … Continue Reading >Disaster insured losses top $100B for sixth year in a row

Many homeowners and first-time buyers are surprised by rising property taxes and insurance, which can sharply increase monthly mortgage costs beyond principal and interest. … Continue Reading >Taxes, insurance eat 21% of mortgage payments

Stand Insurance has raised $35 million in a Series B funding round to expand its artificial intelligence-powered coverage for homeowners. … Continue Reading >AI-powered home insurance startup expands

Smart home technology adoption is especially prevalent among Gen Z and Millennials, according to the 2025 Homeowners Report. … Continue Reading >Nationwide: 85% of independent agents recommend smart tech for homeowners

A paper published Tuesday in the Journal of Catastrophe Risk and Resilience estimates that Risk Rating 2.0, FEMA’s 2021 update, resulted in up to 13% of those facing the highest premium increases dro … Continue Reading >People dropped federal flood Insurance when rates rose

Insured losses for so-called non-peak perils — also sometimes referred to as secondary perils — reached a record $98 billion last year, Munich Re said in a report released on Tuesday. … Continue Reading >Insured losses from wildfires, storms and floods hit record high

U.S. homeowners are concerned about climate and insurance costs, according to Kin’s Homeownership Trends Report. … Continue Reading >U.S. homeowners expect extreme weather to damage their homes: Kin

Rates actually declined or remained flat over a two-year period in 15 states, including Florida, with natural disasters and tariffs affecting 2026’s movements. … Continue Reading >Why homeowners insurance rates could stabilize in 2026

Nearly 40,000 acres were burned in the Eaton and Palisades wildfires last January, killing at least 31 people and destroying 16,000 structures. … Continue Reading >Trump orders federal takeover of LA wildfire rebuilding efforts