Despite ongoing climate risk and regulatory pressures, the housing insurance market is stabilizing, according to a report by Matic.

Premium growth slowed significantly in the latter half of 2024, the data showed, with new policies seeing average rate increases of just 6.6%, compared to 10.7% in the first half of the year.

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Joe Toppe

Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.

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