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News
Insurer Policy Rewrites Could Complicate Property Damage Claims Nationwide
4+ hour, 50+ min ago (311+ words) Propmodo State Farm reduced roof claim payouts by $1.4 billion between 2020 and 2021 after internally revising how adjusters evaluated hail and wind damage, according to documents unsealed by a Comanche County, Oklahoma judge. Internal emails show the company slashed its roof replacement-to-repair…...
Property Insurance Could Become THE Issue of the 2026 Midterm
4+ week, 2+ hour ago (666+ words) Propmodo Property insurance prices are about to become a political flashpoint in the 2026 midterms. The average US homeowner paid $2,948 a year for coverage in 2025, a 12% jump from the year before. Zoom out further and premiums have risen 46% since 2021. Severe convective…...
Institutional Capital Floods Manufactured Housing as Scarcity Meets Demand
3+ mon, 3+ week ago (342+ words) Propmodo Mike Conlon, owner of Cary-based Affordable Communities Group, says institutional investors are bidding up prices for manufactured home parks across the Southeast, making it difficult for smaller operators to compete. Institutional buyers now account for 23% of manufactured home community…...
Hail Is Becoming A Real Estate Problem, Not Just An Insurance Problem
5+ mon, 2+ day ago (130+ words) Baseball-sized hail used to read like a weather oddity. In March, it looked more like a balance-sheet issue. The smart response is not panic. It is repricing and preparation. Owners should be auditing roofs and exterior equipment, reviewing insurance language,…...