Homeowner insurance premiums could surge 16% by 2027 as climate disasters drive rates higher, adding pressure to the housing ...

In 2024, 6.1 million American homeowners skipped home insurance, according to the Consumer Federation of America. Without coverage, they risk paying tens of thousands of dollars out of pocket for ...

The crisis has many causes, but one that is routinely overlooked is the increasingly common practice of insurance carriers charging excessive rates for insuring affordable housing developments, or ...

The home insurance market is facing mounting pressures from worsening extreme weather events, leading to larger payouts for damage, people moving to riskier areas, and high inflation making insurance ...

Highlands Village Apartments in New Bern, NC, was developed by Norco Management, but rising interest rates and insurance costs are making this kind of affordable housing complex very difficult to ...

At a joint legislative hearing, housing providers, insurance industry groups, consumer advocates, and state regulators ...

Lawmakers and regulators must move quickly to adopt these reforms and restore stability to the insurance market.

Landlords who can demonstrate robust compliance may be rewarded with more favourable insurance terms, while those who cannot ...