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California Surplus Lines Take-up Soars as Property Owners Eye Coverage Alternatives

The best way to tell that the California homeowners insurance market has been a bear is to see where buyers facing higher rates and lack of options in traditional markets are going for alternatives. One...

State Farm to raise home insurance prices by over 27% in Illinois | Video – WREX

The change will take affect Tuesday for new policy holders. Source link

3 Things to Know: Extreme Weather and Home Insurance, AI for Mental Health Support, and Active vs. Passive News

This is just a tiny glimpse of the data available to CivicScience clients. Discover more data. 1. Prospective homebuyers are increasingly concerned about obtaining home insurance due to extreme weather events. This week, following severe flooding in Texas and in other parts of the country,...

COLA: How much has your cabin insurance increased? – Park Rapids Enterprise

If you are like me, you have probably noticed an increase in costs for cabin or home insurance over the last several years.Like many of you, I’ve heard and read about the reasons...

‘Yes, rates are going up’

Wildfire risk in Northern New Mexico is reshaping the housing market. The Taos News reported that insurance companies are raising premiums or pulling out entirely, leaving homeowners in Taos County scrambling for coverage.  Rising construction costs and new risk-assessment models have triggered the issue....