Nevada Insurance Commissioner Scott Kipper will be joined by Richard Stayer of Pennymac and Jessica Curran of Procter Insurance Agency on a panel on ‘The Rise of Homeowner’s Insurance Cancellations, Increased Premiums, and Their Impact on Mortgagor Payments’. Cathe Cole-Sherburn of Trustee Corps, UTA’s President, will moderate the panel.
In recent years, homeowners across the nation have faced a troubling trend; the cancellation of their homeowner’s insurance policies and significant increases in premiums. This session delves into the factors driving these changes, from natural disasters and increased claim rates to regulatory shifts. As insurance costs soar and coverage becomes harder to secure, homeowners find themselves grappling with new financial burdens that can jeopardize their ability to maintain their mortgage payments.
“After this session, attendees will have a comprehensive understanding of the current homeowner’s insurance market, its impact on mortgage payments, and actionable insights to navigate these challenges”, said Cole-Sherburn.
If you have a question ahead of time that you’d like the panel to address, please send to rmeyers@unitedtrustees.com