property insurance
Coverage of property insurance in the Nexus archive.
- Four Myths About Insurance In California
Californians face rising insurance costs, reduced availability, and issues with claim delays and denials. Climate change-related disasters like wildfires are exacerbating these challenges, impacting the insurance market's ability to support recovery and influence housing decisions.
- ‘LaPolitics’: Tim Temple sees positive movement in property insurance market
Louisiana's property insurers are implementing rate decreases equal to the number of increases for the first time in five years, with 20 new companies licensed to write homeowners' insurance and four already generating $200 million in new premiums. Auto insurance companies have seen over 40 rate decreases due to fewer accidents and claims, but commercial auto and trucking insurance remain stagnant due to high lawsuit costs.
- Florida’s insurance exodus is triggering a 2008-style chain reaction — with one critical difference
Hurricanes Helene and Milton caused significant damage in St. Petersburg, Florida, exposing disparities in neighborhood recovery. Older homes in Shore Acres show severe disrepair, while newer, elevated homes remain unaffected. Rising insurance costs and climate risks are reshaping Florida's property markets and housing finance systems.