Property Insurance Rates Are Set to Increase by 50%

Property Insurance Rates Are Set to Increase by 50%

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 »
How to mitigate rising auto and homeowners insurance costs

How to mitigate rising auto and homeowners insurance costs

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 »
South OC’s Laguna Village Faces Wildfire Insurance Crisis

South OC’s Laguna Village Faces Wildfire Insurance Crisis

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 »
California Insurance Official Takes Heat on Proposed Reforms

California Insurance Official Takes Heat on Proposed Reforms

California Insurance Commissioner Ricardo Lara is in the hot seat. Just before the public official outlined reforms to stave off an exodus of insurance companies from the state, homeowners and consumer advocates... Read more »
CertifID expands insurance coverage on wire transfers

CertifID expands insurance coverage on wire transfers

With home sale prices continuing to rise, wire fraud prevention firm CertifID announced Thursday that it is increasing its direct, first-party insurance coverage maximum to $2 million. This means that up to... Read more »
CertifID expands insurance coverage on wire transfers

Insurance companies rely on aerial images to ditch risky properties 

Insurance companies are leveraging aerial images of homes to drop properties deemed too risky, according to a report by The Wall Street Journal. Consumer advocates are concerned that customers are not always... Read more »
Opinion: Fannie Mae’s title insurance pilot program overreaches

Opinion: Fannie Mae’s title insurance pilot program overreaches

Earlier this month, President Biden during his State of the Union announced several initiatives to address housing affordability in our country. We have long supported thoughtful efforts to ensure greater housing opportunity... Read more »
CertifID expands insurance coverage on wire transfers

Escalating insurance costs deepen housing affordability crunch: Freddie Mac

Fueled by a surge in mortgage rates, owning a home has become increasingly expensive. According to a Freddie Mac housing and mortgage market report released Monday, while mortgage payments remain the primary... Read more »
CertifID expands insurance coverage on wire transfers

Rising insurance costs, ample inventory create a unique market in Southwest Florida

Unlike many other metropolitan areas across the country, the housing market in Southwest Florida is comparably flush with for-sale inventory. “I think one of the major trends we are seeing is that... Read more »
ICE rolls out mortgage insurance center on Encompass

ICE rolls out mortgage insurance center on Encompass

Intercontinental Exchange (ICE) launched a mortgage insurance (MI) center on its Encompass loan origination system, part of the company’s vision to to become a ‘life-of-loan’ platform.  The mortgage insurance center, which provides... Read more »