The era of predictable, low-cost property protection is effectively over. For decades, homeowners insurance was a bureaucratic afterthought in the mortgage closing process—a stable line item that barely moved the needle on monthly...
Overview:
New research shows that storm risks are highest along the Gulf Coast, home to the nation's highest percentage of Black Americans. Discriminatory home practices like redlining made Black communities and homeowners even more vulnerable in the event of a major storm — and...
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This episode marks the turn of one of the most popular guests we’ve ever had on this show: Larry Lawrence, Vice President of Sustainable Finance Data at Intercontinental Exchange (ICE). When we had him on the...
New York isn’t even close to being the most expensive state for homeowners insurance, data shows. But premiums in the Empire State are rising, putting financial pressure on homeowners, renters, and landlords alike, numerous speakers told state legislators at a recent Senate hearing.The...
||| FROM THE NEW YORK TIMES |||
“Homeowners don’t appreciate or don’t understand that we are living in a much riskier world than we were 25 years ago. And that risk? They have to pay for it.”
Researchers found that a rapid repricing of disaster...
