![Hurricane Debby’s Uninsured Losses Could Top $9.7 Billion, Report Shows](https://a.storyblok.com/f/162273/6517x4345/69bea197c9/debby-flooding-adobestock_592408268.jpeg/m/400x300/smart/filters:quality(90))
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
![Progressive halts new home insurance policies in Texas and some Midwestern states](https://a.storyblok.com/f/162273/3000x1999/d0093c77ff/progressive-exit-texas-adobestock_284487452.jpeg/m/400x300/smart/filters:quality(90))
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
![Hurricane Beryl Already Increasing Insurance Costs for Texans](https://a.storyblok.com/f/162273/8256x5504/b7a396aaee/beryl-adobestock_879542152.jpeg/m/400x300/smart/filters:quality(90))
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
![Lightning Sparked $1.2 Billion in U.S. Home Insurance Claim Payouts in 2023](https://a.storyblok.com/f/162273/4928x3264/bc3c6b5243/lightning-damage-adobestock_274637290.jpeg/m/400x300/smart/filters:quality(90))
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
![Florida Counties Retain Federal Flood Insurance Discounts — For Now](https://a.storyblok.com/f/162273/3004x2240/b6ca34a16a/florida-flood-discounts-adobestock_1484743.jpeg/m/400x300/smart/filters:quality(90))
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
![The Hidden Cost of Insurance: Reinsurance Is Elevating Coverage Rates for Americans Everywhere](https://a.storyblok.com/f/162273/2048x3072/2a0cb60a79/reinsurance-adobestock_2011866.jpeg/m/400x300/smart/filters:quality(90))
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
![Project 2025 Aims to End 56-Year-Old National Flood Insurance Program](https://a.storyblok.com/f/162273/7952x5304/a8f0bcf730/project-2025-nfip-adobestock_288708712.jpeg/m/400x300/smart/filters:quality(90))
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
![As Hurricane Season Hits, More Homeowners Pushed to Florida’s Last-Resort Insurer](https://a.storyblok.com/f/162273/5000x3750/7ba348a280/florida-hurricane-adobestock_122936483.jpeg/m/400x300/smart/filters:quality(90))
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
![Washington To Elect First New State Insurance Commissioner in Over 20 Years](https://a.storyblok.com/f/162273/4302x4302/e0bcf8e209/washington-state-transparency-rule-adobestock_544416266.jpeg/m/400x300/smart/filters:quality(90))
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
![Preparation Pays Off: Investing in Climate Resilience Helps the Economy, Report Shows](https://a.storyblok.com/f/162273/4000x4000/16826b657c/climate-resilience-adobestock_315254959.jpeg/m/400x300/smart/filters:quality(90))
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
![California’s Largest Home Insurer Seeks Dramatic Rate Increase](https://a.storyblok.com/f/162273/4173x6271/efa559b840/state-farm-ca-rate-hike-adobestock_130010924.jpeg/m/400x300/smart/filters:quality(90))
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
![Senate Lawmakers Butt Heads Over Cause of Home Insurance Crises](https://a.storyblok.com/f/162273/2182x2505/128667a4ab/senate-panel-adobestock_38948851.jpeg/m/400x300/smart/filters:quality(90))
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