The Top Property Insurance Rulings of the First Half of 2026
The Top Property Insurance Rulings of the First Half of 2026 Law360
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Abbott Teases Insurance, Property Tax Reforms at Affordability-Focused Campaign Stop
Texas Governor Greg Abbott has announced a legislative push for the upcoming 90th Legislature focused on property tax reform and insurance affordability. Speaking at a campaign event in Fort Worth, Abbott defended his existing tax overhaul plans and proposed ending state mandates to lower insurance costs. These initiatives are critical for the property insurance sector as they directly influence the total cost of homeownership and the regulatory environment for insurers in the state.
July 30, 2026North Carolina Home Insurance Costs Surge Nearly 47% Since 2020
A new analysis from LendingTree reveals that North Carolina homeowners are facing significantly higher insurance costs, with premiums climbing nearly 47% since 2020. The state's average annual premium has reached $2,566, surpassing the national average by approximately 7.1%. This trend highlights the ongoing pressure on the property insurance sector as carriers adjust rates to account for severe weather risks, inflation, and rising reconstruction expenses.
July 30, 2026WA home insurance rates skyrocket
Home insurance premiums in Washington state surged by 55% between 2020 and 2025, driven by a doubling of total claim costs and rising construction expenses. Although the state's average premiums remain below the national average, the rapid escalation has created a significant financial burden for homeowners and outpaced the growth of median home prices. This trend underscores the property insurance sector's struggle to adjust to climate-driven risks and inflationary pressures on labor and materials.
July 30, 2026New Analysis: Homeowners Insurance Companies Earn Millions in Interest and Investment Income with Every Day of Claim Delay
A new analysis by the Consumer Federation of America and Weiss Ratings reveals that homeowners insurance companies collectively earn an additional $8.8 million in investment income for every day a claim payment is delayed. This financial windfall, which totals $61.6 million for a one-week delay, highlights a systemic incentive for insurers to prolong the claims process at the expense of policyholders. The report underscores growing concerns regarding industry practices and the need for legislative reforms to ensure timely payouts in the property insurance sector.
July 30, 2026