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

We can show unequivocally that Florida’s insurance market has stabilised: Mike Yaworsky

Posted: Dec 05, 2025

Speaking recently at the 2025 Florida Chamber Insurance Summit, the state’s Insurance Commissi...

Majesco to quadruple AI investment to expand, accelerate P&C roadmap

Posted: Dec 05, 2025

Majesco, a technology provider known for its cloud-native and AI-native solutions for Property &...

ASIC & ASIL get revised positive outlooks from AM Best

Posted: Dec 05, 2025

Credit ratings agency AM Best has revised the outlooks of Ategrity Specialty Insurance Company (ASIC...