A few years ago, back in 2017, CoreLogic estimated that roughly 70% of the flooding damage incurred from Hurricane Harvey was uninsured. Sadly, according to CoreLogic’s most recent report, not much has changed. It would appear that homeowners are still often completely unaware of their increased risk and exposure to flooding—a lack of awareness that … The post Study Shows …
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The cost of homeowners insurance has increased by 59% in the past decade, but could COVID-19 mitigate some future increases? The post Home Insurance Costs are Rising appeared first on DSNews.
Read More »American Homeowners Unprepared for Disaster
With many homeowner finances taking hits , what are the necessary precautions that need to be taken? The post American Homeowners Unprepared for Disaster appeared first on DSNews.
Read More »Analyzing California’s Response to Wildfire Insurance
A new report outlined what regulators and homeowners insurance providers need to know in the aftermath of California’s devastating wildfires. The post Analyzing California’s Response to Wildfire Insurance appeared first on DSNews.
Read More »The Racial Divide of Flood Damage Buyouts
According to new research from Rice University, government buyouts of flood-damaged homes disproportionately benefit whiter, wealthier communities, even as low-income and minority homeowners are more likely to participate in such programs. The post The Racial Divide of Flood Damage Buyouts appeared first on DSNews.
Read More »California’s Wildfire Insurance Impacting Housing
After being home to 16 wildfires just last October, what is the state doing to better protect homeowners from insurers trying to back out of areas prone to fires? The post California’s Wildfire Insurance Impacting Housing appeared first on DSNews.
Read More »Fannie Mae Completes Final CIRT Transaction of the Year
The GSE’s final Credit Insurance Risk Transfer transaction included $18.5 billion in unpaid principal balance of 15-year and 20-year original term fixed-rate loans. The post Fannie Mae Completes Final CIRT Transaction of the Year appeared first on DSNews.
Read More »NFIP’s “Head-Scratching” Short-Term Extension
Here’s why experts some experts have expressed confusion about the most recent short-term extension of the National Flood Insurance Program. The post NFIP’s “Head-Scratching” Short-Term Extension appeared first on DSNews.
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