Weather Risk

Wildfires, floods and severe storms were the largest drivers of disaster losses last year.

There were 11 million disaster displacements in the United States in 2024.

Rising prices, tighter inventory and changing priorities have reshaped the first step into homeownership.

Around 330,000 Citizens policyholders can expect an average rate reduction of 8.7%.

From wildfires and DOI reforms, can the market recover?

The utility said it expects insurers will provide the funding.