U.S. homeowners are facing nearly 90 % higher property-insurance bills since 2014, driven by soaring home values, inflation ...
Insurers have also canceled at least 1.4 million policies since 2021, says Climate Power—and now Trump tariffs could make ...
Over the past few years, many housing markets have experienced a home insurance shock. Part of this is due to insurance models reassessing disaster risks, while much of it stems from rising housing ...
Homeowners insurance costs will continue rising, growing by a total of 16% nationwide in the next 2 years, experts say.
Readers told us how insurers are raising premiums and, in some cases, cutting back coverage, as climate change shakes up the ...
Climate change is roiling the housing insurance market. Homeowners’ premiums are skyrocketing, and major insurers are pulling out of markets — California and Louisiana, for example. The trend is ...
Property insurance costs for affordable housing owners and developers have surged at a rapid pace in recent years, with some owners facing premium hikes of 25 percent or more year over year. This, ...
The report also found what may be a surprising statistic about how California's insurance prices compare to other states.
In 2023, California’s median home insurance cost of about $1,200 a year ranked in the middle among all states, according to ...
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New York hearing on insurance impact on housing crisis
At a joint legislative hearing, housing providers, insurance industry groups, consumer advocates, and state regulators ...
Lawmakers and regulators must move quickly to adopt these reforms and restore stability to the insurance market.
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