Category: Homeowners insurance
Property insurance nears 10% of mortgage costs
Premiums for property insurance have risen over 69% since 2019, far outpacing other components of the monthly mortgage payment, ICE Mortgage Technology found.
New American launches insurance marketplace
The new affiliate, NAF Insurance Services, is teaming up with The Baldwin Group to offer a range of coverage from more than 50 carriers nationwide.
While LA burned, rules to protect homes from wildfires were on hold
More than six months after the LA catastrophe, officials have yet to complete regulations as wildfires burn across the state this week
Nigeria insurance stocks gain most in almost 20 years on new law
A gauge for the sector on the Lagos-based Nigerian Exchange has risen 41% this week, according to data compiled by Bloomberg.
Homeowners paying more for less insurance
More powerful storms and pricier building costs are behind the increases in premiums, said the report’s authors.
Distrust is a barrier to insurance adoption
Insurance companies must rebuild transparency with the people and businesses they serve.
Ascot’s head of loss: Weather forecasting, hurricane season
David Larson, U.S. head of loss control & risk management services at Ascot Group, on how tech can impact weather forecasting and natural disaster preparedness.
Insurance group seeks collaboration to cover disaster losses
Collaboration between the public and private sectors, beyond just insurance, is essential to narrowing the protection gap.
20 states sue FEMA over cuts to disaster prevention program
States warn that eliminating the BRIC program could leave rural areas vulnerable to extreme weather.
Insurers paid $1B in lightning claims: Triple-I
The cost is down 16.5% from last year, according to The Insurance Information Institute.
