The National Flood Insurance Program (NFIP) will expire on Sept. 30, leaving 5 million American homeowners without flood insurance, unless Congress acts to extend coverage. Rep. Troy Carter (D-La.) recently introduced a bipartisan bill to extend the NFIP's federal authorization until Dec. 31,...
Increasing movement of homeowners insurance risk to the U.S. surplus lines market has continued to contribute to growth for nonadmitted insurers.
According to a report from AM Best, surplus homeowners direct premiums written in 2023 eclipsed...
Miniature dachshund rescued after 500 days in Australian wildernessValerie, the dachshund, was missing for over 500 days on an Australian island.Homeowners in Georgia are facing a growing challenge when it comes to securing home insurance."Aside from natural disasters and water, the three things...
KEY TAKEAWAYS
Fueled by COVID-19-related supply chain disruptions and increased natural disasters, the cost to repair and build homes has increased over the past five years, and insurers have raised their prices accordingly.President Donald Trump's tariffs on materials used to build homes will...
