INSURASALES

Tag: Property Insurance

Hippo Holdings Outlines Growth and Profitability Roadmap Through 2028

Hippo Holdings reveals a detailed growth and profitability plan through 2028, leveraging technology and a partnership with Baldwin Insurance Group to expand its homeowners and new home insurance offerings.

St. Louis Suspends Insurance Escrow Holdback for Tornado-Damaged Properties Until 2026

St. Louis suspends a 25% insurance escrow holdback on tornado-damaged properties, speeding access to full payouts through December 2026. Regulatory change supports property recovery efforts after the May 16 tornado.

Florida Appeals Court Limits Use of Claims Handling Delays in Insurance Dispute Trials

Florida's 4th District Court of Appeals rules limiting references to claims handling delays in insurance disputes, emphasizing compliance with documentation over bad faith allegations.

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.

7% of U.S. Homeowners Lack Property Insurance Due to Cost Barriers

Federal Reserve data shows 7% of U.S. homeowners are uninsured due to high property insurance costs, highlighting market and regulatory challenges.

Evolving Property Insurance Strategies Amid Increasing Catastrophic Risks

The U.S. property insurance market is adapting to rising catastrophic losses with refined underwriting, reliance on the E&S market, and enhanced risk mitigation strategies.

Evolving Property Risks and Medication Management Propel Insurance Industry Adaptation

Explore how increasing catastrophic events and complex medication risks among elderly patients are reshaping property and health insurance strategies, with insights from Nationwide and Humana.

Slide Insurance CEO Pay Surpasses Peers Amid Florida Market Growth

Slide Insurance's CEO Bruce Lucas received over $21 million in 2024, exceeding typical pay in Florida's public insurers during its IPO filing. This highlights compensation trends amid Florida's property insurance growth and regulatory environment.

Tornado Uncovers Insurance Coverage Gaps in Small Kansas Town

An EF-2 tornado in Plevna, Kansas, highlights significant insurance coverage gaps among homeowners and city buildings, posing challenges for disaster recovery and risk management in rural areas.

State Farm Reports 8,800+ Claims from Severe May Tornadoes, Raises CA Premiums

State Farm and American Family Insurance face thousands of claims from May tornadoes across Midwest states. State Farm authorized a 17% California homeowner premium increase amid rising claims from severe weather.