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Home insurance

Insurance Information Institute
Business

Louisiana Insurance Rates Ease as Litigation Costs Persist

July 25, 2026 - by Timothy Alexander

MALVERN, PA — Louisiana property and casualty insurance rates declined across all lines in 2025 for the first time this decade, though elevated litigation and injury claims continue to pressure …

Louisiana Insurance Rates Ease as Litigation Costs Persist Read More

dramatic lightning storm
Business

Lightning Claims Jump 59% as Repair Costs Drive Losses Higher

June 24, 2026June 23, 2026 - by Timothy Alexander

MALVERN, PA — U.S. homeowners insurance losses tied to lightning strikes climbed 59% in 2025 to an estimated $1.65 billion, driven largely by rising repair and reconstruction costs rather than …

Lightning Claims Jump 59% as Repair Costs Drive Losses Higher Read More
Newrez
Regional

Home Insurance Costs Jump 64% in Newrez Loan Analysis

May 12, 2026May 11, 2026 - by Timothy Alexander

FORT WASHINGTON, PA — Homeowners insurance premiums for borrowers serviced by Newrez rose 64% between the end of 2021 and the end of 2025, though the pace of increases slowed …

Home Insurance Costs Jump 64% in Newrez Loan Analysis Read More

Settlement, fines
Pennsylvania

Settlement Voids 1,300 Mortgages, Returns Funds to Homeowners

April 17, 2026April 17, 2026 - by Maryann Pugh

HARRISBURG, PA — More than 1,300 Pennsylvania homeowners will have mortgage liens removed from their properties under a settlement with MV Realty PBC, LLC, resolving allegations that the company used …

Settlement Voids 1,300 Mortgages, Returns Funds to Homeowners Read More
Insurance Information Institute
Business

Insurers Warn Short-Term Rentals May Void Home Coverage

March 23, 2026March 22, 2026 - by Timothy Alexander

MALVERN, PA — The Insurance Information Institute is warning that homeowners who rent properties on a short-term basis may face gaps in insurance coverage, including denied claims or policy cancellation, …

Insurers Warn Short-Term Rentals May Void Home Coverage Read More

Insurance Information Institute
Business

New York Auto Insurance Nears $2,000 as Costs Surge and Winter Losses Mount

February 5, 2026February 4, 2026 - by Timothy Alexander

MALVERN, PA — New York drivers paid an average of $1,935 for personal auto insurance in 2024, the highest level ever recorded for the state and the fourth-highest expenditure nationwide, …

New York Auto Insurance Nears $2,000 as Costs Surge and Winter Losses Mount Read More
Insurance Information Institute
Business

Home Insurance Shows Signs of Stabilizing After Years of Price Shock

December 29, 2025December 27, 2025 - by Timothy Alexander

MALVERN, PA — After several years of sharp premium increases and shrinking coverage options, the U.S. homeowners insurance market is beginning to show early signs of stabilization, according to a …

Home Insurance Shows Signs of Stabilizing After Years of Price Shock Read More

Insurance Research Council
Business

Slow Insurance Rate Approvals Leave Homeowners Market Facing Mounting Strain

November 24, 2025November 22, 2025 - by Timothy Alexander

MALVERN, PA — A new report from the Insurance Research Council shows that homeowners’ insurers are waiting significantly longer for state approval of rate filings, a trend that has widened …

Slow Insurance Rate Approvals Leave Homeowners Market Facing Mounting Strain Read More
Real estate
Real Estate

Hidden Housing Costs Climb: What Chester County Homeowners Need to Know

November 22, 2025November 20, 2025 - by Timothy Alexander

CHESTER COUNTY, PA — A new review of housing expenses shows that the true cost of owning a home in Chester County continues to rise, with insurance premiums, maintenance spending, …

Hidden Housing Costs Climb: What Chester County Homeowners Need to Know Read More
Insurance Research Council
Business

Rising Homeowners Insurance Costs Create Challenges for U.S. Consumers

June 16, 2025June 15, 2025 - by Timothy Alexander

MALVERN, PA — Over the last two decades, the average cost of claims per insured home in the United States has risen faster than inflation, spurred by natural disasters, higher …

Rising Homeowners Insurance Costs Create Challenges for U.S. Consumers Read More

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