Shining a Light on Solar Energy

Over the past several years, interest in alternative energy sources has continued to grow. Solar power has become popular, and while not all locations are as sunny as others, frequently only space on the roof or yard is needed. In 2010, 667 megawatts (MW) of solar energy were installed in homes, and

10 Recently liquidated insurance carriers - Is YOURS on the list?

A new AM Best report surveyed 13 insurers that became “impaired” in 2023. Ten of them went into insolvent liquation. Catastrophe losses, exorbitant auto accident costs, adverse loss-reserve development, mismanagement and insufficient profits were top reasons these property and casualty insurance car

Multifamily Vacancy Rate Falls as Absorption Surges

Executive Summary Renter demand outpaced new deliveries in Q4, lowering the overall multifamily vacancy rate to 4.9%—slightly below its long-run average of 5.0%. Average year-over-year effective rent growth increased slightly to 0.5% in Q4 but is expected to accelerate in coming quarters as occupanc

Moody’s: LA wildfires will increase property insurance costs across the state

The LA wildfires will make it harder for all California residents to find and afford homeowner’s insurance going forward, according to a new report from Moody’s Ratings. Moody’s RMS estimates insured property losses from the fires will be up to $30 billion, and uninsured property losses will be bill