Millions of US Homeowners Issued Insurance Warning
Millions of U.S. homeowners are unprepared for extreme weather, a new survey by Guardian Service suggests, with insurers warnings of the costly impact of complacency. The U.S. experienced a near-record number of climate-related disasters in 2024, at an average of nearly one every four days, according to a study by the International Institute for Environment […]
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Homeowners Are Being Blocked From Equity ‘Safe Haven,’ Expert Warns
A series of “negative credit shocks,” coupled with high interest rates, is blocking millions of American homeowners from accessing their home equity, according to a recent study by Point. Researchers at the home equity investment platform found that 4.6 million out of roughly 52 million homeowners with a mortgage in the U.S. experience a labor […]
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Florida Insurance Scandal Has ‘Huge’ Impact for Homeowners
A previously secret study revealing that Florida insurers claimed to be losing money because of major storms while transferring billions of dollars to affiliate and parent companies sheds light on the crisis that has enveloped the state over the past few years. The 2022 study report, obtained and released by the Miami Herald and Tampa […]
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