Since 1998, the insurance industry has come together for the Insurance Industry Charitable Foundation (IICF) volunteer initiative. This is an international (US and UK) and industry-wide initiative, insurance professionals complete volunteer projects in support of community nonprofit organizations in-person and virtually.

(As of September 20, 2024)

More frequent losses from disasters, soaring construction costs, inflation, and other mounting pressures are driving homeowners insurance rates steadily higher. Despite these pressures, the homeowners insurance market is beginning to show early signs of stabilization.

(December 15, 2025)

Legislative reforms targeting legal system abuse and claim fraud in Florida have continued to help stabilize the Sunshine State’s property/casualty insurance market, contributing to premium reductions for thousands of homeowners and drivers as claim-related litigation in the state plummets.

Even as California moves to address regulatory obstacles to fair, actuarially sound insurance underwriting and pricing, the state’s risk profile continues to evolve in ways that impede progress.

(As of May 29, 2025)

(As of February 6, 2024)

Record-breaking distracted driving has created a great deal of alarm on the roadways, with more frequent and dangerous crashes – many of which are caused by cell phone use – becoming part of the norm in the U.S. While the coronavirus pandemic upended traffic patterns, these trends have continued long past the height of the health crisis and pose a significant risk to both the wellbeing of drivers and the viability of personal auto lines. Progress is needed, and telematics may be a necessary facet in improving the safety of roadways, as well as helping lower premiums for motorists.

What is homeowners self-insurance?

Homeowners self-insurance is when you use your savings or investments to cover potential losses or risks in lieu of purchasing an insurance policy and paying monthly premiums. Note that automobile liability insurance is mandatory in almost all states, and that mortgage companies usually require homeowners insurance.

Who can afford to consider self-insuring their home?

Self-insurance is an option for individuals who:

Wildfire risk is strongly conditioned by geographic considerations that vary widely by state and even within states. Temperature, humidity, wind, and topography vary too widely for a single “one size fits all” mitigation approach.