Nearly half, 47%, of homeowners insurance customers received a premium increase this year, according to the J.D. Power 2025 U.S. Home Insurance Study. This is the highest rate of insurer-initiated rate raises in over a decade and especially impacts high lifetime-value customers, which...
JACKSONVILLE, Fla. – A major change is coming for more than half a million Florida homeowners insured through Citizens Property Insurance, and those who don’t comply risk losing their coverage.Flood insurance will soon be mandatory for most Citizens policyholders, regardless of whether their...
Property insurance costs have gotten so high in Miami, that more than one-in-every-five homes do not have coverage, a study from Valuepenguin found.Nationwide, in the nation's 50 largest metro areas, homeowners spend an average of 7% of their expenses on property insurance.But in...
Kin, the direct-to-consumer, digital home insurance provider, raised an oversubscribed $50 million Series E financing, at a pre-money valuation of $2 billion.
The digital insurance tech firm also closed on a “$200 million debt facility, $145 million of which was used to repay an...
