Florida approves two new property insurers, Stand Insurance Exchange and Praxis Reciprocal Exchange, expanding competition and contributing over $574M in surplus. Policy transfers from Citizens Property Insurance signal market reforms and rate stabilization in Florida's property insurance sector.
AM Best affirms stable 'A' ratings for Ally Insurance Group, highlighting strong capitalization and adequate operating results amid auto-sector challenges.
The House Financial Services Subcommittee held a hearing to evaluate the Terrorism Risk Insurance Act's role in stabilizing the terrorism insurance market and discussed its upcoming reauthorization and impact on economic resilience.
Explore the challenges of homeowner insurance claims in Olive Branch, Mississippi after April tornadoes, highlighting USAA's handling, claim disputes, and mitigation efforts.
Florida state Rep. Ryan Chamberlin introduces a plan to eliminate property taxes, replacing revenue with real estate and travel transaction fees, plus targeted school taxes.
A Mississippi homeowner's ongoing insurance claim dispute with USAA after April 2025 tornado and storm damage highlights challenges in property damage coverage and insurer responsiveness.
Louisiana faces an insurance crisis driven by high bodily injury claims and litigation, with new regulatory measures and the FORTIFIED Roof Program aiming to stabilize premiums and boost insurer participation.
Explore how web-first, cloud-native technologies are reshaping property and casualty insurance with advanced automation, AI, and interconnected ecosystems for enhanced efficiency and customer experience.
Nan and Company Properties and Goosehead Insurance launch Altivo Insurance, a home insurance network providing diverse options integrated into Houston real estate transactions. Designed to address weather risk exposures, it enhances choice and speed for homebuyers.
The Hanover Insurance Group earns top spots on TIME's World's Best Companies and Forbes' America's Best Insurance Companies, underscoring its excellence in P&C insurance, employee engagement, and sustainability.
