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...
As the "home insurance crisis" expands in scope, insurers have warned of liabilities exceeding a trillion dollars in one southern state, according to the Houston Chronicle.What's happening?In December, Harvard University's Joint Center for Housing Studies published a report about the home insurance crisis,...
Sep. 13, 2025 4:05 PM ETAIG, PGR, ALL, MMC, ICE, CB, HIG, CINF, TRVBy: Max Gottlich, SA News EditorU.S. property insurance costs accelerated 4.9% to a new record high in the first half of the year, with homeowners in hurricane- and wildfire-struck states...
