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Why private flood insurance is a positive for FHA-secured mortgages

The closing days of 2022 saw positive policy developments that perhaps offer a path toward two important goals: more comprehensive protection for Texas policyholders and communities, and a sustainable property insurance market. Given the state’s recent history with storms and extensive flood damage,...

What Is the Typical Cost of Homeowners Insurance?

Share Tweet Share Share Email Has your mortgage company told you that you need to obtain a homeowners insurance policy? Or do you simply want to go through the process of insuring a home for your own sanity? Either way, the typical cost of homeowners insurance will usually start...

More insurance companies pull out of Louisiana: 'We are in a crisis' – New York Post

Thousands of folks in the south no longer have home insurance because companies are leaving the area after years of devastating storms. Source link

Relief on the way for Santa Cruz County flood victims – Santa Cruz Sentinel

WATSONVILLE — Cornelio Garcia and his family have welcomed 2023 in with three separate evacuations from their College Road home, not far from Corralitos Creek, since the start of the year. Almost two feet of water rushed into Garcia’s yard during a recent storm and...

State of New Jersey Common Pension Fund D Has $2.78 Million Stock Holdings in Selective Insurance Group, Inc. (NASDAQ:SIGI)

State of New Jersey Common Pension Fund D boosted its stake in shares of Selective Insurance Group, Inc. (NASDAQ:SIGI - Get Rating) by 5.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 34,152...

Citizens Insurance for everyone? Here are the pros and cons

Why not just expand state-run Citizens Property Insurance Corp. to cover all homeowners in Florida?It’s a timely question for the fast-growing state-owned insurer of last resort after a run of costly hurricanes and heavy litigation have resulted in five straight years of collective...