Equity Improves for U.S. Homeowners
ATTOM: In second quarter 2023, 49% of U.S. mortgaged residential properties were considered equity-rich – the highest point in at least four years.
Hurricane Idalia Losses Estimated at $3B-$5B
Idalia caused flooding in communities along Fla.’s west coast before making landfill in rural Taylor County, but some say the insurance industry “dodged a bullet.”
Insurers OK’d to Take Up to 202K Citizens Policies
As of Sept. 1, Citizens had nearly 1.38M policies – making it Florida’s largest property insurer, though it was created as the state’s “insurer of last resort.”
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