INSURASALES

Tag: climate risk

U.S. Faces Billion-Dollar Risks as 2024 Hurricane Season Forecasts Elevated Home Damage

The 2024 hurricane season threatens billions in U.S. property damage, exposing insurance gaps and financial risks in coastal markets. Insight on risk, insurance coverage, and federal preparedness.

Cotality Study Quantifies U.S. Hurricane Exposure and Insurance Market Impacts

Cotality report details over 33 million U.S. homes at risk from hurricane damage with $11.7 trillion potential reconstruction costs, impacting insurance premiums and housing markets nationwide.

Climate Surge Threatens US Mortgage Stability with Rising Foreclosures

First Street's assessment shows climate disasters in the US driving up mortgage foreclosures through rising insurance costs, flood damage, and credit risk, threatening housing market stability.

Texas Homeowners Face Rising Insurance Premiums Amid Extreme Weather Risks

Homeowners insurance premiums in Texas have surged due to increased extreme weather events and regulatory challenges, impacting affordability and market stability.

Utah Leads U.S. Homeowners in Rising Insurance Premiums Amid Market and Climate Risks

From 2021 to 2024, Utah homeowners saw nearly $700 average annual insurance premium increases amid climate risks and housing affordability challenges. This report highlights regulatory and market trends shaping property insurance.