Tag: Homeowners Insurance

Task Force Tackles Extreme Weather’s Impact on Insurance Costs

Brookings' Task Force on Extreme Weather addresses rising insurance costs and availability, recommending strategies for resilience and regulatory compliance. Find out more.

State Farm Updates Louisiana Insurance Rates: Auto Cuts and Home Hikes

State Farm adjusts Louisiana insurance rates: cuts for auto policies while raising homeowners premiums. Key details on market impact and regional risk factors.

State Farm Adjusts Louisiana Insurance Rates: Impact on Auto and Home Policies

State Farm lowers auto insurance and raises homeowners insurance rates in Louisiana. Learn about these strategic adjustments and their implications for policyholders.

U.S. Home Insurance Costs Surge 62% Amid Tariffs, Weather, AI Integration

U.S. home insurance premiums increased 62% from 2022 to 2025 due to rising building costs, tariffs, severe weather, and AI adoption. Insights on market trends, risk, and coverage.

Homeowners Data Call Task Force Advances Nationwide Insurance Reporting Updates

The Homeowners Market Data Call Task Force updates reporting templates to improve regulatory analysis of homeowners insurance market trends, targeting consistent nationwide data collection by 2026.

Oklahoma Proposes 2026 Insurance Reforms to Enhance Consumer Protections

Oklahoma's 2026 insurance reform package aims to enhance consumer protections, expedite claims processing, and stabilize the homeowners insurance market with new regulatory measures.

Georgia Doubles Notice Period for Homeowners Insurance Cancellations

Georgia lawmakers extend homeowner insurance cancellation notices from 30 to 60 days and introduce catastrophe savings accounts with tax benefits to improve financial resilience and market stability.

Georgia Launches Catastrophe Savings Accounts to Offset Rising Disaster Costs

Georgia introduces catastrophe savings accounts to help homeowners manage rising disaster expenses with tax advantages and insurance deductible support.

Mark Hillman on Reforms to Address Colorado's High Insurance Premiums

Mark Hillman discusses potential reforms to reduce Colorado's high homeowners and auto insurance premiums, focusing on regulatory and market solutions to enhance affordability and market stability.

Calls for Reform in Florida Citizens Forced Arbitration Process

A coalition urges the Florida Insurance Commissioner to reform Florida Citizens Insurance's forced arbitration process due to high policyholder losses and limited relief options after disasters.