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Archive for June 2023

New US Home Construction Surges by Most in 3 Decades in May

Groundbreaking on U.S. single-family homebuilding projects surged in May by the most in more than three decades and permits for future construction also climbed, suggesting the housing market may be turning a corner after getting clobbered by Federal Reserve interest … Source: Claims Journal

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Lightning to Blame for $952M in Homeowners Claims in 2022

Claims involving lightning in 2022 resulted in homeowners insurance payouts approaching $1 billion, according to the Insurance Information Institute. The total value of claims in 2022 attributable to lightning was $952 million, down from $1.3 billion in 2021, said Triple-I. … Source: Claims Journal

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