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Travelers Reports Higher Catastrophe Losses as Homeowners Business Expands

Travelers Reports Higher Catastrophe Losses as Homeowners Business Expands

by John G. Stevens | Oct 16, 2026 | Uncategorized

Travelers reported higher catastrophe losses in the third quarter, but stronger investment income and favorable reserve development helped the property insurer deliver improved earnings. Its comments on homeowners coverage also offered a window into an insurance...
Report: Property Insurance Accounts for 9.6% of Average Mortgage Payment

Report: Property Insurance Accounts for 9.6% of Average Mortgage Payment

by Phil Hall | Sep 10, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Property insurance accounts for 9.6% of the average monthly mortgage payment, according to the September Mortgage Monitor published by Intercontinental Exchange Inc. (NYSE: ICE). The average single-family mortgage holder now pays $209 per month for insurance, nearly...
Report: Property Insurance Accounts for 9.6% of Average Mortgage Payment

Nations Lending Debuts Insurance Component

by Phil Hall | Aug 11, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nations Lending, a Cleveland-headquartered mortgage originator, has launched Nations Lending Insurance Services (NLIS). According to the company, NLIS is “designed to help borrowers access competitive insurance options, streamline the closing process, and create a...
California Realtors Group Offers Grants to Help First-Time Buyers Cover Insurance Costs

California Realtors Group Offers Grants to Help First-Time Buyers Cover Insurance Costs

by Phil Hall | Jul 27, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s Plumas Association of Realtors announced that its Housing Affordability Fund program provided financial assistance to 24 local residents who bought homes this past year. According to the 156-member association, more than $39,000 was distributed among...
California Takes Action Against State Farm Over Handling of LA Wildfire Claims

California Takes Action Against State Farm Over Handling of LA Wildfire Claims

by Phil Hall | May 5, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The California Department of Insurance has launched an enforcement action against State Farm General Insurance Company after an investigation revealed the company’s mishandling of claims filed by survivors of the 2025 Los Angeles wildfires. According to the...
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