INSURASALES

Tag: Property Insurance

Colorado Proposes Rules to Tie Wildfire Mitigation to Homeowners Insurance Rates

Colorado's latest insurance rules link wildfire mitigation efforts to homeowners insurance rates, aiming to enhance transparency and reduce premiums amid rising wildfire risk and affordability challenges.

Florida Approves Insurers to Shift Tens of Thousands of Policies from Citizens

Florida regulators approve private insurers to take tens of thousands of policies from Citizens Property Insurance Corp., aiming to reduce the insurer of last resort's market share amid hurricane season risks.

Midwest Severe Storms Trigger Hundreds of Millions in Insurance Losses

Midwest severe storms in August cause widespread damage and insured losses in the hundreds of millions, challenging property insurers and regulators with escalating risk and pricing tensions.

Hawaiʻi Homeowners Face Insurance Coverage Challenges Due to Aging Roofs and Coastal Risks

Hawaiʻi homeowners confront growing insurance challenges as carriers limit coverage for properties with old roofs or coastal exposure amid rising disaster risks. Learn how market dynamics and regulatory efforts shape property insurance.

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.

Oklahoma's Insurance Rate System Linked to High Property Premiums

Oklahoma's file-and-use insurance rate system contributes to the nation's highest property insurance premiums, contrasting with California's cost-saving prior-approval model. This analysis explores regulatory impacts on homeowner and auto insurance rates.

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.

American Integrity Expands Home Insurance in South Florida's Key Markets

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.

American Integrity Insurance Group Reports Robust Q2 2025 Growth Post-IPO

American Integrity Insurance Group reports strong Q2 2025 financial results with significant policy growth and robust underwriting in Florida's residential property insurance market following its IPO.

Chubb Names Kim Hare Head of North America Property Claims

Chubb appoints Kim Hare as senior VP of North America property claims to enhance claims strategy and digital experience amid evolving market demands.