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XPT Specialty Launches Texas Homeowners Binding Authority Program
Oct 14 2026 // XPT Specialty launched its Texas Homeowners Binding Authority program, which gives retail partners in-house authority to place homeowners and dwelling coverage. The program is designed for primary, secondary, seasonal and...
Texas Reports Homeowners and Auto Rate Decreases
Oct 9 2026 // Homeowners insurance rates are beginning to come down in Texas, according to the most recent data from the state insurance department. Since the start of July, insurance companies have filed an average 4.3% rate decrease...
Uninsurable Future: Managing the Climate-Change-Fueled Home Insurance Crisis
Oct 8 2026 // On January 7 2025, an ill wind began to blow down the mountain canyons north of Los Angeles. Upland forests and shrubs were already bone dry thanks to a delayed start to the winter rainy season, so the arrival of...
Weather Damage Turning Into Long-Term Debt for Homeowners: Report
Oct 7 2026 // A new report revealed half of U.S. homeowners paid out of pocket for weather damage the past three years, and only 22% feel very financially prepared for an unexpected weather repair, according to tech-native insurance...
AM Best: US Home Insurers in 2025 Book First Underwriting Profit in Seven Years
Sep 29 2026 // U.S. homeowners multiperil insurers reversed a $1.3 billion underwriting loss in 2024 to post an underwriting profit of $16.5 billion in 2025 – the line’s first underwriting gain since 2019, said AM Best. In fact,...
CVC-Backed Home Insurance Firm Bamboo Said to Postpone IPO
Sep 23 2026 // Bamboo Insurance Services Inc., a home insurance firm controlled by private equity firm CVC Capital Partners, has postponed its initial public offering, according to people familiar with the matter. The Midvale, Utah-based...
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