INSURASALES

Tag: Hurricane Season

NFIP Expiration Threatens Louisiana Flood Insurance Market Amid Hurricane Season

The National Flood Insurance Program faces expiration at the end of September, risking flood insurance availability in Louisiana during peak hurricane season. Key impacts include halted policy renewals, stalled real estate transactions, and reduced FEMA flood claim payments.

Florida Fines Property Insurers $2M+ for Claims Handling Violations

Florida insurance regulators fined eight property insurers over $2 million in 2025 for claims-handling violations including delayed payments and unlicensed adjusters amid ongoing hurricane season.

Florida Peninsula Insurance Proposes Significant Homeowners Premium Reductions

Florida Peninsula Insurance seeks approval for substantial homeowners and condo premium reductions in Florida, signaling potential market stabilization amid regulatory reforms and hurricane season risks.

Mercury Insurance Highlights Proactive Hurricane Preparedness for Homeowners

Mercury Insurance shares proactive steps for homeowners to minimize hurricane damage and navigate insurance claims during hurricane season.

US Property Insurance Market Maintains Capacity Amid Record Q1 Catastrophe Losses

US property insurance market sustains ample capacity and competitive conditions despite record catastrophe losses in Q1 and an expected active hurricane season, according to USI's midyear outlook.