“For years, insurers have highlighted that the primary pressures on affordability and availability, such as legal system abuse, building costs, and exposure to extreme weather, lie largely outside the industry’s control,” she said. “We expect the data call findings will affirm that conclusion and show that states which maintain balanced regulatory frameworks – including litigation reform and flexibility in rate, form, and underwriting – deliver the most stable and resilient markets for consumers.”
NAIC unleashes unprecedented homeowners’ data call as climate pressures mount
By Awais
