In recent years, the homeowners insurance market has presented unprecedented challenges for both borrowers and mortgage servicers. As we navigate 2025, it’s crucial to understand these changes and explore innovative solutions to address the growing complexities in this vital sector.
Tag: Homeowners Insurance
S&P: U.S. Insurers, Homeowners Face Greater Risks and Costs Due to Extreme Weather
U.S. insurers and homeowners face greater risks and higher costs as extreme weather events including hurricanes, wildfires and floods become more frequent and intense, according to S&P Global Ratings, New York.
Unpacking the Costs and Current State of Homeowners Insurance – June 20
Join MBA and industry experts for a conversation on how to understand the costs and navigate the complexities of residential homeowners’ insurance.
LendingTree: 1 in 4 Worry Their Home Will Be ‘Uninsurable’ in 2024
More than one-quarter of U.S. homeowners worry their homes will become “uninsurable” as rates continue to increase, reported LendingTree, Charlotte, N.C.
Fitch: U.S. Homeowners Insurers to See Improved 2023 Results on Premium Growth
Fitch Ratings, Chicago, said U.S. homeowners’ insurance is poised to post a statutory underwriting loss for 2022 reported results, as insurers continue to face above-average catastrophe losses and claims cost uncertainty from persistently high inflation and heightened macroeconomic volatility.