Back-to-back storms tank pending home sales in Florida

Increasingly violent hurricane seasons and surging home insurance costs have tanked Florida’s housing market, according to a Redfin market report published on Tuesday. Continue reading

Florida’s biggest insurer hands off 600k policies as new storm comes

The Florida Legislature-created Citizens Property Insurance Corporation has been so overwhelmed with new insurance policies in recent years that regulators have approved proposals for private insurers to take over more than 600,000 of those policies. Continue reading

Agents put their resource hat on as Helene rages northward

As Helene progressed from a hurricane to a tropical storm to a post-tropical cyclone on Friday, agents got into gear serving as a resource for clients, while dealing with high winds and flooding. Continue reading

Digital insurance marketplace Matic grows mortgage clientele

With new clients including USA Mortgage and New American Funding, Matic says it’s doing business with more 100 mortgage lenders and servicers that together process 20 percent of U.S. home loans. Continue reading

3 multimillion-dollar mansions are at risk of sliding into the Pacific

Three mansions worth $12 million to $16 million in California are at risk of falling into the ocean after a post-storm landslide eroded cliffs in Dana Point. The story has sparked conversations about climate change and rising home insurance costs in th… Continue reading

RESAAS steps up in midst of Florida insurance crisis

The ever-evolving technology and business services company is offering an “accessible, affordable and award-winning” home insurance plan for agents to offer clients in Florida. Continue reading

Americans are moving into flood-prone cities at alarming rate: Data

Migration into flood- and wildfire-prone counties has more than doubled since the COVID-19 pandemic began, according to a Redfin analysis of domestic migration data released Monday. Continue reading

Buyers will face a 271% premium for beach views in this Florida city

Tequesta, Florida, the northernmost town in the Miami metro area, commands the highest beach-view property premium compared to non-beach-view homes in the area, out of all U.S. coastal towns analyzed by Casago. Continue reading

Another home insurer pulls out of Florida as crisis intensifies

United Property Casualty and Insurance Co. announced plans last week to withdraw its home insurance business from Florida, the latest withdrawal of a large-scale home insurer from the state. Continue reading

Zyyah is a home inventory management app with a clever upsell

Zyyah is an iOS app to help homebuyers manage their new home’s inventory, critical insurance documentation and closing data. It also analyzes your insurance policies to look for coverage gaps based on inventory lists, and then offers additional coverag… Continue reading