1+ day, 11+ min ago (84+ words) Tech-driven search engines, scam emails and data scraping are threatening to destabilize the property insurance marketplace nationwide if left unchecked, a new report finds. The research project, by Ohio-based financial analysis firm Demotech, finds that "tech-enabled litigation instigation" is growing into a predatory, covert business model that pushes insured property owners... Independent workers in Hawaii brace for skyrocketing health premiums ICMG 2026: 3 Days to Transform Your Business Speed Networking, deal-making, and insights that spark real growth " all in Miami....

4+ day, 12+ hour ago (115+ words) SAN FRANCISCO, Calif. " November 2025 " Americans pay anywhere from 2% to 18.4% of their take-home income for mandatory home and auto insurance, depending solely on where they live, according to a comprehensive new analysis by MoneyGeek covering all 50 states and Washington, D.C. MoneyGeek calculated insurance burden as the percentage of take-home pay spent on combined homeowners and auto insurance premiums across all 51 jurisdictions. All income figures can be independently verified through the U.S. Census Bureau's data portal. " Complete state-by-state rankings, methodology and analysis: Home and Auto Insurance Costs Reach 18.4% of Take-Home Pay in Some States AM Best Affirms Credit Ratings of Auna Seguros, S.A....

5+ day, 52+ min ago (1026+ words) There's no denying that homeowners across the country are facing steeper insurance costs. Premiums have climbed, and in some communities, families are deciding to take on the risk themselves rather than renewing their coverage, becoming self-insured homeowners. Some states have been hit especially hard by this trend of self-insured or non-insured homeowners. Idaho, for example, is seeing an approximately 9% drop in the number of policies in the state from 2022 to 2023. California is another example as it continues to face mounting wildfire risk, most recently underscored by the devastating fires of January 2025. Florida has long struggled with hurricane exposure and litigation-driven costs, though regulatory reforms have begun to deliver renewed market confidence and consumer improvements. Louisiana remains constrained, and areas like Texas and Colorado have seen repeated hail and wind events driving continued rate increases and market capacity constraints. There are…...

1+ week, 6+ day ago (367+ words) Chicago, Nov 11, 2025 "The coming year may pose challenges to insurers that are outside their control, such as economic uncertainty and weather catastrophes. However, there are several steps they can take to improve customer retention, which has fallen in 2025, according to TransUnion's latest analysis. The research includes a survey of consumers' attitudes and plans for managing their property and auto insurance policies over the coming year. These findings and many more insights on moderating rates and profitability are included in TransUnion's 2026 Trends and Outlook Report. "The landscape in 2026 will continue to be increasingly competitive, especially for auto policy growth," said Patrick Foy, senior director of strategic planning for TransUnion's Insurance business. "Using targeted marketing to speak to consumers about what they value most will create a significant advantage." Among the top reasons consumers said would make them more likely to stay…...

2+ week, 2+ day ago (637+ words) In recent years, hundreds of thousands of Californians have purchased home insurance from a state-managed "last resort" insurance pool that has grown rapidly as private insurance companies have fled the market. Now, in the wake of the devastating Los Angeles wildfires earlier this year, the Fair Access to Insurance Requirements (FAIR) Plan is seeking approval from the state for an average 36% rate hike, which would further squeeze homeowners who have no other options for coverage. In some states, these state-managed insurance plans have grown from a handful of policies, as originally intended, to hundreds of thousands of homeowners. The plans charge high premiums and provide limited coverage. "It was supposed to be a stopgap measure. People are supposed to be on a FAIR Plan policy for a short amount of time, but with climate change and these extreme weather events,…...

3+ week, 6+ day ago (318+ words) The following information was released by the office of Louisiana Rep. Troy A. Carter, Sr.: "In Louisiana and Mississippi, this isn't abstract, it's our constituents' daily lives. Our families live in coastal and river communities where flood insurance is not a luxury; it's a necessity. This lapse puts thousands of homebuyers, sellers, and small businesses in limbo. It slows down closings, reduces economic activity, and leaves families exposed," the Members wrote. A lapse in the program's authorization means new policies cannot be issued, existing policies cannot be renewed, and real estate transactions in flood-prone areas may stall, leaving homeowners and businesses vulnerable. "Every day that the National Flood Insurance Program remains lapsed, families on the Coast are left wondering if they'll be able to protect their homes," said Rep. Ezell. "I've seen what flooding can do to a communityit can wipe…...