Consumer Advocates Call on Insurance Regulators to Release Data on Rising Homeowners Insurance Costs
The Consumer Federation of America (CFA) joined dozens of other consumer advocates in a letter urging the National Association of Insurance Commissioners (NAIC) to swiftly publish data and analysis from their current property and casualty market intelligence data call on rising homeowners insurance costs and the impact of climate change on these costs.
The NAIC is currently holding its spring 2026 meeting in San Diego.
While the NAIC is taking an important step by collecting data, publishing the data is necessary to evaluate the full scale of the crisis and ensure all relevant actors can understand and act accordingly to mitigate the risk in their jurisdiction. We urge the NAIC to publish an analysis of data on property insurance. We further call on each insurance commissioner to commit to the same.
Related Articles
Redlined
The Persistence of Racial Inequality in the Cost of Homeowners Insurance
Black and Hispanic Homeowners Pay Hundreds of Dollars More Annually for Homeowners Insurance
“Racial Premium Gap” Adds Up to $15,000 in Additional Insurance Costs for Black Consumers and $28,500 for Hispanic Consumers Over a 30-Year Mortgage
CFA Letter of Support for AB 2038 to the California Legislature