In Victory for Consumers, Nevada Supreme Court Upholds Temporary Ban on...
Washington, D.C – In a major victory for consumers, the Nevada Supreme Court has upheld the Nevada Division of Insurance’s temporary ban on use of credit information to determine insurance rates. The...
View ArticleStudy Shows Insurance Industry Price-Gouges Businesses While Claims Drop
New York/Washington, D.C. – A new study of the property/casualty insurance industry, Inventing Social Inflation, 2023, finds that commercial insurers are misrepresenting their actual losses, sometimes...
View ArticleConsumer Advocates Call for Strong Action Against Florida Insurers After...
Washington, DC — Consumer Federation of America (CFA), United Policyholders, and the Center for Economic Justice called on Florida regulators to investigate and punish insurance companies that have...
View ArticleTips to Help Consumers Get Fair Insurance Treatment After Hurricane Idalia
Washington, D.C. — Today, Consumer Federation of America and United Policyholders shared resources to help consumers get their wind and flood insurance claims paid promptly, fully, and fairly in the...
View ArticleConsumer Federation of America Testifies on Rising Property Insurance Costs...
On September 7th, 2024, Consumer Federation of America’s Director of Insurance Douglas Heller testified before the Senate Committee on Banking, Housing, and Urban Affairs on rising property insurance...
View ArticleThe Office of Management and Budget Should Authorize Federal Insurance Office...
Washington, D.C.— At a time of rising insurance costs due to climate change and spiking reinsurance costs, the Consumer Federation of America (CFA) urged the Office of Management and Budget (OMB) to...
View ArticleSlide Insurance is Getting Sweetheart Deals from Florida Regulators—And Using...
Florida’s insurance market has been troubled for quite some time. Premiums are skyrocketing, insurers have gone bankrupt left and right, and consumers are struggling. But one insurance company in...
View ArticleConsumer Groups Applaud President Biden’s Announcement of Steps to Address...
Washington, D.C. – The Consumer Federation of America (CFA) and Center for Economic Justice (CEJ), the nation’s leading experts on consumer insurance issues, praised a plan announced by the White House...
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EXPOSED: A Report on 1.6 Trillion Dollars of Uninsured American Homes
For most American homeowners, their home is not only their greatest financial asset but also a key source of financial stability, community, and personal pride. Homeowners insurance is an essential...
View ArticleMillions of Consumers Lack Vital Homeowners Insurance, Resulting in $1.6...
Washington, D.C.—A new report by Consumer Federation of America (CFA) reveals that over six million homeowners lack homeowners insurance, leaving them dangerously unprotected from natural disasters and...
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Webinar- EXPOSED: Homeowners Insurance, Climate Risk, and Growing Risks to...
Homeowners insurance serves as a crucial safety net for American homeowners, protecting their homes against unexpected damage. However, escalating climate disasters and soaring prices in the global...
View ArticleConsumer and Housing Advocates Call for Public Access to Homeowners Insurance...
Washington, D.C.— Twenty consumer and housing organizations called on the National Association of Insurance Commissioners (NAIC) to be more transparent about its homeowners insurance data call, agree...
View ArticleCFA Urges Louisiana Legislature to Approve Bill To Strengthen Louisiana’s...
In a letter to the Louisiana House Insurance Committee, the Consumer Federation of America (CFA) urged them to SB 484, a bill that would strengthen the Louisiana Fortify Homes Program and help ensure...
View ArticleInsurance Costs are Rising in Maryland and Consumers Are Suffering. Governor...
State Insurance Commissioners, depending upon how they carry out their role, have a significant impact on consumer budgets and can be key forces for consumer protection. And there is currently an...
View ArticleTips to Help Consumers Get Fair Insurance Treatment After Hurricane Beryl
Washington, DC—Today the Consumer Federation of America (CFA), Texas Watch, and Texas Appleseed shared resources to help consumers get their wind and flood insurance claims paid promptly, fully, and...
View ArticleConsumer Advocates Pressure Louisiana to Collect More Data on Rising...
The Consumer Federation of America, HousingNOLA, and Real Reform Louisiana sent a letter to Louisiana Insurance Commissioner Tim Temple, urging him to protect consumers, help policyholders and...
View ArticleIn California, Consumer Federation of America Criticizes Proposed Catastrophe...
In a letter to the California Department of Insurance, the Consumer Federation of America criticized the Department’s proposed catastrophe modeling and ratemaking regulation. CFA is concerned that the...
View ArticleTips for Consumers to Get Fair Insurance Treatment After Hurricane Helene
Washington, D.C. — Today the Consumer Federation of America (CFA) and United Policyholders shared resources and tips to help consumers get their wind and flood insurance claims paid quickly, fully, and...
View ArticleHow to Save Money on Homeowners Insurance
Many American consumers are struggling to deal with skyrocketing homeowners insurance premiums. Since 2020, premiums have increased by 33%—far above the rate of inflation. Since lenders require people...
View ArticleCFA Signs Onto Amicus Brief in Support of Disparate Impact Rule
The Consumer Federation of America signed onto an amicus brief to the United States Seventh Circuit Court of Appeals, urging the Court to uphold a lower court’s decision in support of a disparate...
View ArticleConsumer Advocates Urge Maryland to Make Homeowners Insurance More Available...
The Consumer Federation of America and Economic Action Maryland sent a letter to the Maryland Insurance Administration (MIA) urging the agency to take steps to make homeowners insurance more available...
View ArticleWhile Consumers Struggle to Afford Insurance Coverage, Insurance CEOs Rake in...
Washington, D.C.— CEOs of America’s largest auto and home insurance companies collected massive salaries, bonuses, and other payments in 2023, amounting to over $119 million for the CEOs at ten of the...
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Homeowners’ Insurance: State Policy Recommendations Based on the Case in...
This blog is based on the testimony of CFA’s Director of Housing Sharon Cornelissen before the Environment and Transportation Committee at the Maryland General Assembly on January 21, 2025 Over the...
View ArticleConsumer Federation of America Urges House of Representatives to Pass...
In a letter to the House of Representatives, the Consumer Federation of America urged representatives to support H.R. 1105, the Disaster Resiliency and Coverage Act. Sponsored by Representatives Mike...
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Overburdened
Homeowners insurance protects homeowners and their belongings in case of unexpected damage, loss, or liability. For most American homeowners, their house is not only their home but also their largest...
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