INSURASALES

Tag: Homeowners Insurance

Farmers Insurance Seeks 7% Rate Hike as California Lifts Homeowner Policy Caps

Farmers Insurance Seeks 7% Rate Hike as California Lifts Homeowner Policy Caps

Farmers Insurance requests a 6.99% home insurance rate increase as California removes caps on new policies, responding to wildfire risk and regulatory reforms.

Louisiana Eyes Mandatory Insurance Discounts for Fortified Roofs to Tackle Premium Crisis

Louisiana Eyes Mandatory Insurance Discounts for Fortified Roofs to Tackle Premium Crisis

Louisiana plans to implement mandatory insurance premium discounts for homeowners with fortified roofs as part of efforts to address the state’s ongoing property insurance crisis and high premiums.

New York Homeowners Face Rising Insurance Premiums Amid Multifaceted Cost Pressures

Rising homeowners insurance costs in New York driven by inflation, climate risk, litigation, and regulatory challenges are prompting calls for legislative reforms and risk management innovations.

SageSure Gains Lloyd’s Coverholder Status to Expand Catastrophe Homeowners Insurance

SageSure approved as Lloyd’s Coverholder and Delegated Claims Administrator, expanding homeowners catastrophe insurance capabilities with Trium Syndicate 1322.

Bolt Launches VTRO Homeowners Insurance to Address California's Coverage Gap

Bolt unveils VTRO, a new homeowners insurance product with smart water sensor technology, designed to close California's insurance coverage gap and reduce preventable losses.

California Court Clarifies "Occurrence" Definition in Homeowners Insurance Intentional Acts Case

California appellate court ruling clarifies "occurrence" in homeowners insurance for intentional acts excluding coverage despite concurrent negligence findings in assault case.

Ondo InsurTech Secures Westfield Contract to Deploy LeakBot Devices in US

Ondo InsurTech's U.S. subsidiary LeakBot USA secures contract with Westfield Insurance to deploy 10,000 LeakBot water damage prevention devices across Indiana, Ohio, and Pennsylvania, enhancing homeowners insurance risk management.

Porch Group Advances Homeowners Insurance Via Tech And Data Strategy

Porch Group, Inc. is enhancing homeowners insurance by integrating vertical software, proprietary data, and homebuyer services, engaging investors to support its tech-driven growth strategy.

Florida Lawmakers Propose Multi-State Risk Pool to Address Home Insurance Crisis

Florida lawmakers introduce bills for a multi-state risk pool to stabilize home insurance rates and improve catastrophe risk management amid rising natural disaster losses.

Allstate Q3 2025: Strong Growth, Improved Underwriting, and Technology-Driven Expansion

Allstate reports Q3 2025 results with revenue growth, improved underwriting margins, and AI-driven tech expansion. Property-Liability and Protection Plans lead earnings improvement.