Tag: Homeowners Insurance

California Legislation Targets Insurance Use of Outdated Aerial Images for Homeowner Policies

California lawmakers propose regulations on insurance companies using outdated aerial drone images for property assessments amid homeowner concerns over surprise policy cancellations and privacy issues.

Key Insurance Legislative Developments in Texas' 89th Legislature

Review of key insurance legislative actions during Texas' 89th Legislature focusing on property and casualty insurance challenges, regulatory proposals, and new laws addressing market concerns.

Illinois Faces Proposed 25%+ State Farm Insurance Rate Hike Amid Regulatory Review

Illinois sees a proposed 25%+ homeowners insurance rate increase by State Farm amid rising catastrophe losses. Regulatory review and legislative calls underway.

Flood Insurance Considerations for Western Massachusetts Homeowners

Explore flood insurance needs for Western Massachusetts homeowners, focusing on flood risk assessment and insurance policy reviews to protect against water damage.

Homeowners Insurance: Liability Risks and Coverage for Residential Swimming Pools

Understanding liability risks associated with residential swimming pools and the importance of updating homeowners insurance policies to ensure adequate coverage.

Florida Approves Two New Property Insurers Amid Market Stabilization

Florida Office of Insurance Regulation approves two new property insurers as market reforms lead to rate stabilization and increased profitability in 2024.

Patriot Select Assumes 12,000 Florida Homeowners Policies from Citizens

Patriot Select took over nearly 12,000 Florida homeowners multi-peril insurance policies from Citizens Property Insurance, backed by a strong reinsurance program and additional capital.

Indiana Sees Rising Home Insurance Premiums and Policy Cancellations

Rising home insurance premiums and increased policy cancellations in Indiana are impacting homeowners' ability to maintain coverage and affordability, says Fair Housing Center.

Florida's 2025 Legislative Session Falls Short on Homeowners' Insurance Affordability

Florida's 2025 legislative session ended with budget agreements but without meaningful reforms to tackle rising homeowners insurance premiums and housing affordability challenges.

Rising Home Insurance Premiums Drive Policy Cancellations in Indiana

Indiana faces rising home insurance premiums leading to increased policy cancellations and nonrenewals, impacting homeowner financial stability and affordability.