WASHINGTON, DC – Top executives at ten of the nation’s largest property and casualty insurers collected more than $155 million in total compensation in 2025, an 18% raise over the year before, according to new Consumer Federation of America research. Those same companies spent nearly $12 billion on advertising and paid at least $4.8 billion in shareholder dividends while families struggled to keep up with premiums. The exorbitant profits and c-suite compensation comes as industry whistleblowers finally sound the alarm on the polluter-caused climate risk shifts that pose a systemic financial risk to not only housing markets, but the entire economy.
“Home insurance executives handed themselves an 18% raise with the same premium dollars families are scraping together every month, then denied, delayed, and underpaid the claims those families filed after disasters. It’s at crisis level for nearly every homeowner that too few politicians and elected officials have tackled,” said Jayson O’Neill, spokesperson for Unlocking America’s Future. “State Attorneys General have the tools to investigate and hold these companies accountable, and they should use them now. Voters see exactly who is cashing in and who is looking the other way. Candidates who stand up to big insurance and polluting corporations will be rewarded on Election Day, and the Republicans who took industry money, defended polluters, and looked the other way while premiums soared will have to answer for their record.”
This week, Unlocking America’s Future joined Public Citizen, the Consumer Federation of America, the American Policyholder Association, and other consumer and climate groups in a letter urging state attorneys general to investigate insurers for claim underpayments, delays, and denials, misleading coverage estimates, and neighborhood-wide non-renewals. The five largest home insurers paid nothing on more than 44% of claims resolved last year.
As UAF’s new midterm memo lays out, voters have noticed. Premiums have climbed 46% nationally since 2021, and 58% of Americans say rising insurance costs make them more likely to vote this fall. UAF fact sheets document the toll in Florida, Texas, California, Iowa, North Carolina, and Georgia.
To connect with insurance experts, policymakers, or impacted homeowners, email jayson@focalpointstrategygroup.com.
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