Gallagher Re's report details how 2022-23 Florida tort reforms have improved property insurance market stability by reducing litigation costs and enhancing insurer profitability.
Explore the U.S. Excess and Surplus (E&S) insurance market trends featuring modest property rate decreases, variable casualty pricing, and the rising use of AI-driven underwriting technology.
California's new legislative program offers grants to homeowners for wildfire damage prevention measures, drawing on models from Alabama and Louisiana's wind-resistant roof initiatives. The bill awaits gubernatorial approval and funding details.
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.
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.
Florida lawmakers examine mandatory arbitration under House Bill 799 affecting Citizens Property Insurance policyholders, highlighting rising disputes and legal challenges.
Travelers Institute launches a multi-year initiative focused on insurance availability, affordability, and regulatory impacts in the US market. Key events and industry collaboration are planned.
Moody's 2025 survey reveals expected declines in U.S. property reinsurance rates for 2026 amid rising demand and stable attachment points, offering key insights for insurers and reinsurers.
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.
