Homeowners insurance

Lawmakers launch probe into key insurance rating firm in Florida

Three U.S. senators opened an inquiry into insurance ratings firm Demotech and whether its assessments may be exposing Fannie Mae and Freddie Mac — and ultimately taxpayers — to growing risks tied to climate-driven insurer failures. Processing Content In a letter sent Tuesday to Fannie Mae acting Chief Executive Officer Peter Akwaboah and Freddie Mac CEO Kenny Smith, […]

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Lawmakers launch probe into key insurance rating firm in Florida

Three US senators opened an inquiry into insurance ratings firm Demotech and whether its assessments may be exposing Fannie Mae and Freddie Mac — and ultimately taxpayers — to growing risks tied to climate-driven insurer failures. Processing Content In a letter sent Tuesday to Fannie Mae acting Chief Executive Officer Peter Akwaboah and Freddie Mac CEO Kenny Smith, the

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Matic report reveals stabilization in 2025 home insurance market

Despite years of sharp price increases, the home insurance market showed signs of stabilization in 2025, according to Matic‘s annual year-end trends and predictions report. The report, released Thursday, is based on proprietary data from properties quoted and insured through Matic. It examines developments in the 2025 home insurance market, along with their implications for

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Florida property insurance market is rebounding from 2022 low point

ALIRT Insurance Research released a report this week finding that Florida’s homeowners insurance market has stabilized after years of financial strain — following legislative reforms adopted in late 2022 and early 2023. The 2025 Florida Domestic Property Insurer Market Update concludes that the market has rebounded from conditions in 2022, when litigation costs, rising losses

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Home insurance claims fall as repair costs climb

The nation’s homeowners filed fewer insurance claims this summer, but the average costs of them could soar to new heights.  Processing Content The 1,070,614 claims assignments between July and September represented the slowest summer in five years, according to risk analytics firm Verisk. The company is forecasting between 4.3 million and 4.5 million claims by

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Hidden home costs hit $16K, outpacing incomes

Home prices are squeezing potential buyers out of the market, and the true cost of homeownership is rising even higher. The hidden costs of homeownership now total nearly $16,000, climbing faster than incomes, a new analysis from Zillow and Thumbtack found. That’s an additional $1,325 a month on top of the mortgage payment. According to

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Community association leaders advocate on Capitol Hill

Hundreds of community association leaders visited Capitol Hill this past Thursday for the Congressional Advocacy Summit hosted by the Community Associations Institute (CAI). More than 200 advocates from CAI — representing more than 77 million homeowners association, condominium and co-op residents — met with members of Congress and their staff to discuss federal issues in

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Home insurers drop California, Florida policies at high rate

Florida and California, two states hit hard by natural disasters, lead the nation in non-renewal rates of homeowners insurance policies last year, a Weiss Ratings study found. Weiss looked at National Association of Insurance Commissioners data for 2024 and also did a comparison with 2018 in 15 disaster-prone states. Which states had the highest share

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Financially stressed homeowners are delaying essential repairs

A growing number of homeowners are putting off necessary maintenance and repairs, leading to safety concerns, higher costs and long-term financial strain, according to a new report from Bold North Roofing. The study found that 71% of homeowners have postponed at least one home project in 2025 — and 60% are actively delaying essential maintenance.

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Gen Z homeowners report higher insurance company dissatisfaction

A new survey from Kin Insurance suggests that Gen Z homeowners are less satisfied with their home insurance providers than older generations, citing poor customer service and claims experiences rather than cost as their main frustrations. Findings highlight a growing disconnect between digital-native Gen Z homeowners — born between 1997 and 2012 — and the

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