Florida’s homeowners insurance market has stabilized following 2022–2023 legislative reforms, according to ALIRT Insurance Research. Improved litigation rules, underwriting discipline and reinsurance ...
U.S. property insurance costs accelerated 4.9% to a new record high in the first half of the year, with homeowners in hurricane- and wildfire-struck states facing some of the steepest increases.
Catey Hill is the managing editor for MarketWatch Picks. Catey is the author of two personal finance books, “Shoo, Jimmy Choo!” and “The 30-Minute Money Plan for Moms.” She previously held positions ...
Across the 50 largest metros, an average of 7.0% of monthly homeownership costs go toward property insurance. Property insurance can account for a significant chunk of your monthly budget — especially ...
Longtime U.S. Rep. Frederica Wilson introduced a bill in Congress this week to help stabilize the troubled property insurance market and help homeowners nationwide, especially in Florida, with a ...