When Hurricane Katrina threatened New Orleans in August 2005, Mona Lisa Saloy thought she was safe.Saloy, an author and educator who also served for several years as Louisiana's poet laureate, had inherited the 110-year-old “double shotgun” house in the mostly Black Seventh Ward...
Affordability is hampered by insurance
In addition to consumers, housing industry players are also feeling the strain caused by rising premiums.
“Affordability is already a challenge for homeowners and insurance is just another catalyst making it more difficult for a lot of consumers to continue...
Climate change is making home insurance costlier and, for some, harder to secure. According to one analysis, one in ten Australian properties will be uninsurable within a decade.
Insurance is vital to help people recover after a disaster damages or...
TALLAHASSEE — Arguing that it faces being “irreparably harmed,” the state’s Citizens Property Insurance Corp. wants an appeals court to allow it to use a controversial claims-dispute process while a legal battle plays out.
Attorneys for Citizens on Friday filed a 63-page motion at...
The housing market is no stranger to inflationary pressures—rising construction costs, soaring mortgage rates, and surging land prices have long dominated headlines. Yet a subtler, more insidious force is reshaping the landscape: home insurance premiums. From 2023...
