
Ian Insured Losses Near $4.5B
Fla. OIR: 471,783 claims have been filed with insured losses at about $4.5M. As more hurricane damage is assessed, claims and loss totals will continue to grow.
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Study Supports Earliest Interest Rate Hikes’ Timing
Study says: If the U.S. central bank had acted in early 2021, inflation would be down about a percentage point, but unemployment would be up 2 percentage points.
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Higher Prices, Smaller Homes: Housing Market Shifts
Redfin: As mortgage rates rise, buyers on a budget are looking at smaller homes with less square footage to increase their chances of affording monthly payments.
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Citizens Moves Closer to 1.1M Policies
The state-backed insurer has over 1.08M policies now, as private property insurers have dropped policies and gone insolvent in some cases during the past 2 years.
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