After the longest lapse in the history of the National Flood Insurance Program in October and November, the program that provides $1.3 trillion in coverage to more than 4.6 million homeowners is... Read more »
The California Department of Insurance unveiled a new regulation this week that aims to increase homeowners insurance coverage in areas prone to wildfires, a response to the recent pullback in policies by... Read more »
If you believe you are entitled to a life insurance inheritance, but someone else is designated as a beneficiary on the policy, you likely are wondering: Who can change the beneficiary on... Read more »
With a federal government shutdown looming, a coalition of 12 organizations representing the housing and insurance sectors has sent a letter to Congress, urging an extension of the National Flood Insurance Program... Read more »
Leading U.S. mortgage lenders United Wholesale Mortgage (UWM) and Better have joined Fannie Mae’s pilot program that waives lender title insurance requirements for certain refinance transactions, HousingWire has learned. The initiative, announced... Read more »
United Wholesale Mortgage (UWM) announced on Wednesday that it’s offering a conventional cash-out loan product with a loan-to-value (LTV) ratio of up to 89.99% and no mortgage insurance. The announcement comes after... Read more »
“The reason I tell this anecdote is that their insurance had already gone up a lot two years ago,” Stork said in an interview. “I think it is a prelude to what... Read more »
Property Insurance Rates Are Set to Jump by 50% In recent years, homeowners across the United States have faced a steady climb in property insurance rates, a trend that has continued into... Read more »
Mike Spiering holds Francesca Spiering as he stands in the flood water around his home after record rains fell in the area on April 13, 2023 in Hollywood, Florida. Joe Raedle |... Read more »
Laguna Village, a townhome community in Laguna Hills, is facing a severe insurance crisis as rising wildfire risks have drastically reduced its coverage while premiums skyrocket. Two years ago, the insurance coverage... Read more »