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News
What's quietly inflating your client's housing costs after closing
7+ hour, 19+ min ago (642+ words) It's not the mortgage rate — and most buyers don't see it coming Your clients may have locked in a rate, closed on a home, and moved on, but in nearly one in four cases across the US, a separate set…...
Home insurance premiums surge at double the decade-long average
1+ week, 4+ day ago (912+ words) Capital city premiums rose by nearly 15% driven by the usual suspects: Catastrophe losses and building cost inflation Home and contents insurance quotes across Australia's five largest capital cities rose an average of $373.93 - or 14.78% - in the 12 months to June 2026, according to…...
Westpac adds hazard risk data to home insurance quotes
3+ week, 8+ hour ago (358+ words) Bank move highlights growing borrower demand for property hazard information Westpac New Zealand has begun surfacing property-specific natural hazard information directly inside its banking app, giving customers applying for home insurance quotes instant access to flood, earthquake, landslide, and sea…...
One in 6 buyers now spends more than 3% of income on insurance
3+ week, 4+ day ago (530+ words) Urban Institute links rising premiums to income, geography, and credit score Homeowners insurance has crossed a critical threshold in the American affordability crisis. A May 2026 Urban Institute report — combining loan-level mortgage and insurance data — found that roughly one in six…...
Home insurance is in structural crisis and APRA numbers tell you exactly how bad it is
1+ mon, 1+ week ago (626+ words) Householders insurance has posted a negative underwriting result in four of the past ten quarters, including a catastrophic loss of $1.08 billion in December 2025. Premiums are up 18% in two years. It is not enough Gross written premium (GWP) for the householders…...
One-third of Americans financially unprepared for natural disasters
1+ year, 5+ day ago (321+ words) Many expect the worst—but few have a plan A recent Harris Poll for the American Institute of CPAs (AICPA) showed that 32% of Americans have made no financial preparations for natural disasters, even though 66% expect these events to cause a…...