Insurance

Homeowners Insurance Could Surge Another 16% by 2027

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A graphic that shows a forecast for the average annual change in U.S. homeowner insurance premiums

Owning a home is about to get more expensive, with homeowners insurance premiums expected to surge significantly over the next two years. “The average U.S. homeowner insurance premiums are expected to grow 8% in 2026 and another 8% in 2027,” Anand Srinivasan, CFA, head of research and development at real estate analytics firm Cotality, tells … Read more

Insurance Startup Uses AI To Offer Coverage in High-Risk California and Florida

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ALTADENA, CALIFORNIA - JANUARY 19: An aerial view of homes which burned in the Eaton Fire on January 19, 2025 in Altadena, California. Multiple wildfires which were fueled by intense Santa Ana Winds have burned across Los Angeles County leaving at least 27 dead with over 180,000 people having been under evacuation orders. Over 12,000 structures, many of them homes and businesses, burned in the Palisades and Eaton Fires. (Photo by Mario Tama/Getty Images)

A San Francisco-based insurance company leveraging artificial intelligence promises to reshape home insurance in parts of the U.S. facing some of the worst climate risks.  In 2024, a group of Silicon Valley tech veterans launched Stand Insurance, using what the company describes as physics-based AI models to underwrite policies and create customized fire resilience plans … Read more