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Hurricane Debby’s Uninsured Losses Could Top $9.7 Billion, Report Shows
Most of Hurricane Debby's damages occurred in zones where homeowners and businesses are more likely to lack flood insurance, new report shows.
2 min. read|August 16, 2024
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Progressive halts new home insurance policies in Texas and some Midwestern states
Progressive continues efforts to mitigate losses in hail-prone areas by halting new policies in certain states. Learn more.
2 min. read|August 15, 2024
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Hurricane Beryl Already Increasing Insurance Costs for Texans
Hurricane Beryl cost the state’s wind insurer more than half of its catastrophe reserves, and caused billions in insured and economic losses.
2 min. read|August 15, 2024
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Lightning Sparked $1.2 Billion in U.S. Home Insurance Claim Payouts in 2023
Lightning-related U.S. home insurance claim costs rose 30% in 2023. Learn more about the impact here.
3 min. read|August 8, 2024
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Florida Counties Retain Federal Flood Insurance Discounts — For Now
Communities that were at risk of losing their federal flood insurance discounts have been spared, as long as they make required flood-mitigation efforts.
2 min. read|July 31, 2024
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The Hidden Cost of Insurance: Reinsurance Is Elevating Coverage Rates for Americans Everywhere
Reinsurance helps insurance companies recoup claims losses, but climate catastrophes and inflation have led to higher reinsurance costs.
4 min. read|July 26, 2024
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Project 2025 Aims to End 56-Year-Old National Flood Insurance Program
If Trump implements guidelines from the conservative Project 2025, his re-election could result in the removal of the NFIP. Learn more.
4 min. read|July 25, 2024
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As Hurricane Season Hits, More Homeowners Pushed to Florida’s Last-Resort Insurer
Florida's insurer of last resort, Citizens Property Insurance, picking up more policies during hurricane season, despite efforts to reduce the number of policyholders on its rolls.
3 min. read|July 18, 2024
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Washington To Elect First New State Insurance Commissioner in Over 20 Years
The Washington insurance commissioner protects consumers and regulates the insurance industries. Residents will elect a new commissioner in November.
3 min. read|July 18, 2024
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Preparation Pays Off: Investing in Climate Resilience Helps the Economy, Report Shows
Disasters cost the economy hundreds of billions annually, but a new report shows that every $1 invested in climate resilience saves $13 in economic costs.
3 min. read|July 18, 2024
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California’s Largest Home Insurer Seeks Dramatic Rate Increase
State Farm is proposing a massive increase to home insurance rates in California. Learn how that affects you here.
2 min. read|July 3, 2024
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Senate Lawmakers Butt Heads Over Cause of Home Insurance Crises
U.S. lawmakers are divided over whether climate change is contributing to the homeowners insurance crisis. Learn more here.
3 min. read|July 3, 2024