Browsing: Property Insurance

Patriot Select, a new home insurance company in Florida, offers benefits that other companies can’t match, including a $500 flat hurricane deductible.

The California FAIR Plan, a state-backed insurance pool for high-risk properties, is grappling with significant financial strain due to recent wildfires. The plan’s 2025 reinsurance structure and new legislative efforts aim to address these challenges.

Property and casualty insurers saw significant growth in direct home insurance premiums in 2024, with a 13.7% increase from the previous year, according to data from the National Association of Insurance Commissioners.

Compare Allstate and State Farm home insurance policies for 2025. Discover which provider offers better coverage, rates, and customer service.

Two disaster-prone states facing skyrocketing homeowners insurance premiums experiment with different solutions to address the crisis.

A new study reveals Nebraska homeowners insurance premiums are projected to increase by 10% by the end of 2025, following several years of significant rate hikes driven by severe weather events.

A luxurious Naples, Florida, waterfront property has become the state’s most expensive home sale, despite having a 99.9% risk of flooding over 30 years due to climate change.

Colorado lawmakers are considering a novel program to help reduce soaring homeowners’ insurance premiums, which have increased by 58% between 2018 and 2023.

The U.S. homeowner’s insurance market faces significant challenges due to climate change and urban development, threatening millions of families nationwide. This article examines the crisis, its cascading effects, and potential mitigation strategies across three key domains: pricing and underwriting innovations, data availability and modeling capacity, and built environment vulnerability mitigation.

Idaho Department of Insurance promotes ‘home hardening’ to help homeowners maintain insurance coverage despite increasing wildfire risks