A new report from the Neptune Research Group reveals that only 7% of Texas homes have flood insurance, despite millions facing increased flood risk over the next 30 years. In some major inland metros, coverage drops below 1%, while just 28% of residential buildings in...

Colorado is poised to enact the nation's first law requiring insurers to factor wildfire risk mitigation into pricing and coverage decisions. The bill also mandates that insurers disclose wildfire risk scores and explain how they’re calculated, giving homeowners a...

New York lawmakers are considering significant changes to state insurance regulations through Assembly Bill 8536, which outlines new claims handling timelines, adjuster oversight, and stricter documentation processes. Key provisions include expanding the “period of...

State Farm is seeking an additional 11 percent rate hike for California homeowners, following a recent approval of a temporary 17 percent increase. The company cites an unstable financial position caused by growing costs and rising catastrophe exposure as the reason...

Oregon is partnering with the insurance industry-backed nonprofit Insurance Institute for Business and Home Safety to expand wildfire prevention efforts and help homeowners keep their insurance coverage affordable. Through the “Wildfire Prepared” certification...

Homeowners insurance premiums rose 24% nationwide from 2021 to 2024, with Utah seeing the sharpest increase at 59%, followed by Illinois (50%), Arizona (48%), Pennsylvania (44%), and Nebraska (35%). The surge is driven by climate change, inflation, rising reinsurance...

Homeowners affected by the January 2025 wildfires in Los Angeles are suing 25 major insurers, alleging they colluded to push high-risk policies into California’s more expensive and limited FAIR Plan. The class-action lawsuits claim the insurers canceled coverage in...