Where Home Insurance Still Costs Under $1,200 a Year
As extreme weather drives up insurance rates nationwide, a few Midwestern states still offer annual home insurance premiums under $1,200 thanks to lower risk and better mitigation.
April 8, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Indiana
Louisiana
North Carolina
Ohio
California Wildfires Push Insured Losses Past $30 Billion in Costliest Disaster Yet
Insured losses from January's Southern California wildfires are now projected to exceed $30 billion, with insurers facing wide-ranging impacts based on exposure and reinsurance strategies.
April 8, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
Elderly New York Couple Allegedly Scammed Out of $129K in Roofing Fraud Case
A Queens contractor allegedly forged insurance documents and inflated repair costs by over 5,000% in a roofing scheme targeting a Nassau County couple, prosecutors say.
April 7, 2025
Fraud
Insurance Industry
Litigation
Property
New York
Historic Flooding Threat Intensifies Across Central US After Devastating Storms and Tornadoes
Following deadly tornadoes and widespread storm damage, central US states now face a rare high-risk flood event that could bring once-in-a-generation impacts.
April 4, 2025
Catastrophe
Property
Arkansas
Indiana
Kentucky
Mississippi
Missouri
Kentucky Farmer Admits to Multi-Year Crop Insurance Fraud Using Family Names
A Taylor County farmer has pleaded guilty to falsifying crop loss claims for over $1.4 million in insurance payments, using relatives' names to hide actual production.
April 2, 2025
Fraud
Insurance Industry
Legislation & Regulation
Property
Kentucky
California Raises FAIR Plan Coverage Limits to Address Insurance Gaps in Wildfire Zones
California has more than doubled commercial coverage limits under its FAIR Plan, offering relief to property owners amid insurer withdrawals and increasing wildfire threats.
March 31, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
Texas Adjuster Admits to Multi-Million Dollar Insurance Fraud Targeting Georgia Church
A Texas public adjuster already serving time for insurance fraud in Louisiana and Texas has pleaded guilty to defrauding a Georgia church and its insurer after Hurricane Michael.
March 31, 2025
Catastrophe
Fraud
Legislation & Regulation
Property
Georgia
State Farm Defeats Class Action Claim Over Xactimate Estimates in Pennsylvania
A Pennsylvania federal judge ruled that State Farm did not breach policy terms or act in bad faith by using its preferred loss estimation method, dismissing the homeowners' lawsuit.
March 27, 2025
Insurance Industry
Litigation
Property
Technology
California
Indiana
Pennsylvania
Why Homeowners Aren’t Buying Personal Cyber Insurance Despite Growing Risks
Despite rising cyber threats in connected homes, consumer adoption of personal cyber insurance remains low due to knowledge gaps, communication issues, and pricing concerns.
March 26, 2025
Education & Training
Property
Risk Management
Technology
Oregon Court Overturns Six-Figure Contingency Fee in Hartford Insurance Case
An Oregon appellate court has ruled against awarding attorney fees based on a percentage of recovery in an insurance settlement, emphasizing the importance of hourly rates.
March 25, 2025
Insurance Industry
Legislation & Regulation
Litigation
Property
Oregon
Gen Z’s Mortgage Risk: Climate Change & Insurance Costs
Rising insurance premiums and climate-related disasters are forcing Gen Z to scrutinize weather patterns before buying homes, reshaping the American Dream.
March 25, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Technology
Florida
Texas
Millions of Homes Across the US Remain Uninsured Despite Growing Disaster Risks
A LendingTree study reveals that over 11 million U.S. homes lack insurance coverage, with the highest rates in disaster-prone states and metros, leaving homeowners financially exposed.
March 24, 2025
Catastrophe
Insurance Industry
Property
Risk Management
How Lithium-Ion Batteries Amplify Risk During Natural Disasters
Lithium-ion batteries pose increasing fire and environmental risks during natural disasters, prompting insurers, governments, and consumers to rethink safety and response strategies.
March 24, 2025
Catastrophe
Property
Risk Management
Technology
California
Florida
Construction Industry Faces Rising Insurance Risks Amid Data Center Boom and Labor Shortages
Global demand for data centers is driving construction growth, but rising costs, labor shortages, and climate risks are reshaping insurance pricing and underwriting strategies.
March 24, 2025
Catastrophe
Property
Risk Management
Technology
California
Kentucky Grants Temporary Registration for Unlicensed Adjusters After Severe Storms
Following tornadoes and severe storms on March 15, Kentucky is allowing unlicensed emergency adjusters to temporarily register and operate in three affected counties.
March 20, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Kentucky
