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Increased Writings in Homeowners Adds to US Surplus Lines Growth

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...

What dogs are banned from your home insurance in Georgia?

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...

Home Insurance Prices Could Rise More Quickly With Trump’s Tariffs

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...

Defending FAIR Plan suit will be tall order for insurers

Two antitrust suits against major home insurers in California filed April 18, alleging a conspiracy to force homeowners onto the FAIR Plan insurer of last resort most likely will end with a settlement rather than a jury trial, according to an attorney and...