Rising repair costs & natural disasters making US home insurance less affordable: IRC

Share!

Reinsurance News - Nov 20, 2023

A combination of both the growing frequency and severity of natural disasters, along with rising home repair costs and other economic factors, have contributed to less affordable homeowners insurance, according to a brief from the Insurance Research Council (IRC). The IRC, an affiliate of The Instit...

Read Full Article

Recommended Articles

Moody’s Ratings maintains stable outlook on global P&C insurance for 2026

Posted: Jan 06, 2026

Moody’s Ratings has maintained its stable outlook on the global property and casualty (P&C...

Sompo names Haixia Zhao as President of APAC Reinsurance & CUO, Global Specialty

Posted: Jan 06, 2026

Sompo, a global provider of property, casualty, and specialty insurance and reinsurance, has appoint...

Gallagher integrates AssuredPartners aviation team into global aerospace practice

Posted: Jan 06, 2026

Global re/insurance broking group Gallagher has announced the integration of the AssuredPartners avi...