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Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable

Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable

by Phil Hall | Sep 11, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Most homeowners are concerned they will be unable to afford insurance on their residences, according to a new survey released by Realtor.com. The survey found 88% of respondents fearing they will pay for more homeowners insurance in the future while 42% confirmed they...
Black Opal Insurance Unveils New Platform for Real Estate Investors

Black Opal Insurance Unveils New Platform for Real Estate Investors

by Phil Hall | Jul 1, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Dallas-based Black Opal Insurance has launched a specialized insurance platform designed for real estate investors. According to the company, the new offering will simplify the insurance process for investors managing fix-and-flips, annual rentals, ground-up...
Newsom Backs Bill Providing Homeowners with Interest Earned on Insurance Payouts

Newsom Backs Bill Providing Homeowners with Interest Earned on Insurance Payouts

by Phil Hall | Feb 10, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Gov. Gavin Newsom announced his support for new legislation designed to ensure that homeowners lenders benefit from the interest earned on insurance payouts, particularly those impacted by the recent Los Angeles County destructive wildfires. California law...
State Farm Seeks 22% Emergency Interim Rate Hike in California

State Farm Seeks 22% Emergency Interim Rate Hike in California

by Phil Hall | Feb 4, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

With the wildfires that ravaged Los Angeles County are now completely contained, State Farm General is seeking an emergency interim rate hike averaging 22% for California homeowners based on what it called a “dire” financial situation. CNN reported the insurance...
A Phil Hall Op-Ed: Will Climate Change Erase $1.5 Trillion in Home Values by 2055?

A Phil Hall Op-Ed: Will Climate Change Erase $1.5 Trillion in Home Values by 2055?

by Phil Hall | Feb 4, 2025 | A Phil Hall Op-Ed, Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Do you recall the children’s tale of Chicken Little, where a barnyard bird who is hit on the head with an acorn that dropped from a tree limb? Chicken Little took the bonk to its noggin as evidence that the sky was falling and began to run around...
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