Florida Peninsula Insurance Proposes Largest Premium Reduction in History
Florida Peninsula Insurance files for historic average 8.4% homeowner premium cut amid legislative reforms improving Florida's insurance market.
Florida Peninsula Insurance files for historic average 8.4% homeowner premium cut amid legislative reforms improving Florida's insurance market.
Axis Capital appoints Matthew Kirk as CFO effective March 2026, succeeding Peter Vogt in a planned leadership transition focusing on financial stability in property & casualty insurance.
Palomar Holdings reports strong earnings growth, premium valuations, and strategic expansion in crop and Surety insurance, highlighting its robust position in specialty insurance markets.
Missouri tornado zones show high uninsured rates; Texas floods spur active insurance outreach. NAIC anticipates FEMA shifting more disaster responsibilities to states.
Efforts to reduce car insurance rates are undermined by enforcement challenges and prevalence of uninsured drivers, with legislative reforms showing limited impact on premiums.
Marsh McLennan launches BrokerSafe, an innovative insurance facility offering U.S. freight brokers tailored, stable, and affordable freight broker auto liability coverage leveraging advanced risk analytics.
Mercury Insurance launches enhanced umbrella insurance in Florida to address rising bodily injury claims, offering increased liability protection for policyholders' personal wealth.
Increasing tariffs on auto parts raise automobile insurance premiums, encouraging growth in affordable, low-cost e-bike transportation alternatives and related insurance trends.
American Integrity expands home insurance policies into Broward and Miami-Dade counties, reflecting positive impacts of Florida's legislative reforms on insurer participation and market stability.
Explore critical insurance coverage gaps for gig economy drivers, with insights on rideshare endorsements and risk mitigation strategies for delivery and rideshare workers.