Category: Homeowners insurance

Fannie Mae and Freddie Mac’s single-family updates include some roof coverage options somewhat similar to what’s used in one of their other divisions. … Continue Reading >FHFA loosens insurance rules targeting condos, rural loans

The homeowners insurance market in the U.S. “faces mounting strain from severe climate risk,” Benjamin Collier and the other authors said in their commentary. … Continue Reading >A ‘federal property reinsurer’ would benefit state and local governments

The FHFA’s ACV condo insurance rollback gets the balance right between affordability and safety, even if politics muddied the waters, the chairman of Whalen Global Advisors writes. … Continue Reading >Pulte got the condo insurance call right

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