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Insurance Research Council: Home Insurance Spend Tops Household Income Growth
May 15 2024 // According to the Insurance Research Council (IRC), the average homeowners insurance expenditure has become less affordable for U.S. consumers over time. Looking at the the years 2001 to 2021—the latest year in which...
Fannie and Freddie Hit Pause on Replacement-Value Requirements for Home Insurance
May 9 2024 // Property insurance groups on Wednesday applauded a decision by Fannie Mae and Freddie Mac to hold off on an apparent plan to scrutinize mortgages on homes that don’t carry full replacement-value insurance...
Nevada Launches Home Insurance Tool to ID Carriers by ZIP
May 9 2024 // The Nevada Division of Insurance is launching a web-based tool that enables Nevada consumers to identify insurance carriers that are currently accepting home insurance applications by specific ZIP code. The NVDOI said its...
Delos and Lloyd’s Insurer to Expand Vacant Home Insurance in California
May 6 2024 // Delos Insurance Solutions plans to offer wildfire insurance to more California policyholders with vacant properties. Delos is expanding coverage availability through a partnership with certain underwriters at Lloyd’s...
Orion180 Launches Homeowners Insurance in Arizona
Apr 26 2024 // Orion180 is expanding its homeowners insurance services to Arizona under a push by the company into the Western U.S. Orion180 currently operates in Alabama, Arizona, Georgia, Indiana, Mississippi, North Carolina and South...
Survey Shows Majority of Florida, California Homeowners Seeing Higher Insurance Costs
Apr 18 2024 // Few people in Florida and California will be surprises to hear that the majority of homeowners in those states have been affected by rising property insurance costs. A survey by Redfin, a U.S. real estate broker, found...
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