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The Brookings Institution’s Hamilton Project has released a proposal for a federal reinsurance backstop called US Re to leverage federal borrowing capacity and stabilize the country’s homeowners insurance market.
“Properly constructed, US Re could improve resilience...
In December, two women bought nearly identical houses just a few blocks apart in Northern Minnesota. The homes shared identical layouts, were constructed at roughly the same time, and were purchased for the same price. But when it came to home insurance rates,...
Home insurance rates have risen faster than inflation in 44 states and the District of Columbia over the past five years, according to a new report by LendingTree trying to quantify the burden that these growing costs are putting on American households.Between 2020...
