High Insurance Costs Threaten Affordable Housing

high cost of insurance and affordable housing

Overall, nearly one-third of affordable housing providers reported insurance increases of at least 25 percent, according to a survey conducted last fall by the National Leased Housing Association, whose members provide federally assisted rental housing through vehicles such as vouchers and tax credits.

MultiFamily Property MGA Honeycomb Insurance Raises $15.4 Million

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Israeli insurance startup Honeycomb Insurance has raised $15.4 million in a Series A funding round led by Ibex Investors. Phoenix Insurance Company, Distributed Ventures, IT-Farm, Sure Ventures, and SiriusPoint also participated in the round. Honeycomb, formerly Agilius, was established in 2019 to reinvent real estate insurance. The MGA is targeting COAs, HOAs, building owners, property… Continue reading MultiFamily Property MGA Honeycomb Insurance Raises $15.4 Million