Rising repair costs & natural disasters making US home insurance less affordable: IRC
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...
Recommended Articles
Posted: Mar 25, 2026
Hail has now become a leading driver of insured losses, with modern storms now able to cause financi...
Posted: Mar 25, 2026
Global re/insurance broker Aon has announced a new leadership structure for its U.S. specialty distr...
Posted: Mar 25, 2026
Verisk and the APCIA have reported that U.S. property and casualty (P&C) insurers posted some of...