Browsing: hurricane

New report reveals over 33 million residential properties along the U.S. East Coast are at moderate risk of hurricane damage, with significant implications for insurance and property values

Discover how hurricane-prone states are facing increasing home insurance costs in 2025, with projections showing significant rises in premiums.

Florida’s personal property insurance market has reported an underwriting profit and significant increase in operating income in 2024 after eight years of losses.

Following Hurricane Helene’s devastating impact, North Carolina homeowners are bracing for a 7.5% statewide insurance rate increase, despite initial requests for a 42.2% jump. Experts warn of continued hikes due to climate change and rising rebuilding costs.

A Louisiana state program offering grants for hurricane-resistant roofs is effectively lowering homeowner insurance rates, according to a recent audit.

A new bill, backed by Florida’s CFO, proposes funding home hardening grants through a trust fund fueled by sales tax revenue from hurricane-affected counties.

Governor Ron DeSantis is touting a stabilization of Florida’s property insurance market, citing a decrease in Citizens Property Insurance rates and other positive developments. However, some industry observers and consumer advocates express caution.