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Australia’s Climate Risks Are Making Home Insurance Unaffordable
Aug 14 2023 // Australian home insurance premiums jumped the most in two decades in the past year, driven by weather catastrophes and higher building costs, new research showed. Median home insurance premiums surged 28% to A$1,894...
Miami’s Septic Tanks, Trash Problems Test Appeal to Rich Homeowners
Aug 11 2023 // Miami wants to attract even more out-of-state workers and wealthy newcomers like hedge fund tycoon Ken Griffin. But first, County Mayor Daniella Levine Cava faces a huge environmental problem: overflowing garbage heaps and...
Connecticut Agent’s Failure to Disclose Dog Comes Back to Bite Homeowner
Aug 7 2023 // A Connecticut homeowner who is being sued by a woman who alleges his dog bit her in the face is not entitled to insurance coverage because his home insurance application, which was completed by his insurance agent,...
Lemonade Posts Q2 Loss of $67.2M, Reviews Homeowners Book
Aug 3 2023 // Artificial intelligence-powered insurer Lemonade recorded a net loss of $67.2 million for the second quarter compared with a net loss of $67.9 million a year ago during the same period. Catastrophes, specifically severe...
Homeowners Affected by Hurricanes Urged to Complete Restore Louisiana Survey by August 1
Jul 26 2023 // Louisiana Gov. John Bel Edwards and the Office of Community Development announced that homeowners impacted by Hurricanes Laura, Delta, Ida and the May 2021 severe storms have until August 1 to complete the Restore...
Lightning to Blame for $952M in Homeowners Claims in 2022
Jul 17 2023 // Claims involving lightning in 2022 resulted in homeowners insurance payouts approaching $1 billion, according to the Insurance Information Institute. The total value of claims in 2022 attributable to lightning was $952...
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