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As climate change worsens, the U.S. is facing more frequent and costly natural disasters. From devastating wildfires in California to destructive hurricanes in the Southeast, Americans are feeling the financial burden of an intensifying climate crisis. With the political climate
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Home insurance is facing a crucial moment. While inflation has eased, rising homebuilding costs remain a significant concern, especially as the construction sector continues to struggle with labor shortages. In addition, tariffs could further inflate housing prices, further pushing insurance
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According to a recent report from Insurify, a virtual insurance company, homeowners in many states across the U.S. are facing sharp increases in home insurance premiums. In addition, many areas are seeing decreases in carrier options. This trend, driven by
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The home insurance market is showing early signs of stabilization as we close out 2024, according to a recent report from Matic, a leading digital insurtech platform. While climate-related risks and regulatory pressures continue to create uncertainty, factors such as
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As winter sets in and the holiday season approaches, fire risks increase. Heating systems, holiday decorations, and increased cooking activities all have roles to play. In fact, the National Fire Protection Association notes that home fires occur more in the
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