Pasadena’s Legislative Policy Committee will meet to tackle California’s property insurance market instability and consider new requirements for city advisory bodies, among other key issues affecting residents.
The Committee will convene Tuesday, December 3 at 4:30 p.m. in the Council Chamber at Pasadena City...
Source: Insurance Information Institute, October 2024
Affordable Housing Providers Have Bigger Struggle Absorbing Insurance Cost Surges
Affordable housing providers are struggling more than market-rate multifamily property owners with property insurance cost surges. With nearly half of all homes in the United States at risk of...
Thomas Simonetti // The Washington Post via Getty Images
Despite their reputation as a financially privileged generation, millions of baby boomers are slipping through significant cracks in the U.S. retirement system. A new source of financial strain on retiree budgets is homeowners insurance premiums,...
Key Takeaways
The median rent pice for 0-2 bedroom apartments have fallen for 15 months in a row and are now down $40 from their August 2022 peak, according to a new report.
The average 30-year mortgage rate has increased over the last few months,...
The state's largest insurer defends its record of closing claims without payment at first meeting since hurricanes' one-two punchIn the first meetings of officials from the state’s largest insurer' since back-to-back hurricanes raked Florida, Citizens Property Insurance Corp. acknowledged data showing half of...
