INSURASALES

Tag: Property Insurance

Verisk to Acquire AccuLynx for $2.35B, Enhancing Residential Insurance Analytics

Verisk is acquiring AccuLynx for $2.35 billion to strengthen its role in residential insurance analytics, aiming to streamline claims and reduce costs amid rising roofing repair expenses. The deal supports Verisk's growth strategy in the property and casualty market.

Stephen Weinstein Leads Mangrove Property Insurance with Agent Partnership Focus

Stephen Weinstein, founder and CEO of Mangrove Property Insurance, emphasizes building strong partnerships with independent agents to drive growth and collaboration in the insurance sector.

Florida Homeowners Insurance Market Stabilizes with New Insurers and Legislative Reforms

Discover how Florida's homeowners insurance market is stabilizing with new insurers entering post-Hurricane Ian and recent legislative reforms reducing litigation and rate pressures.

Lawmakers' Healthcare Perks and Florida's Property Insurance Challenges

Explore the financial implications of lawmakers' top-tier family insurance plans and the prominent property insurance issues facing Florida Republicans, emphasizing key industry insights and market challenges.

Survey Highlights Florida Republicans’ Concerns Over Homeowners’ Insurance

Survey from University of North Florida finds 20% of Florida Republicans highlight homeowners' insurance as a top issue, especially voters 65+. Insight into regional insurance market concerns.

Hawaiʻi Enacts Act 296 to Stabilize Property Insurance Market

Hawaiʻi's Act 296 expands hurricane relief coverage and addresses rising property insurance premiums amid recent environmental disasters, stabilizing the state’s insurance market.

Florida Property Insurance Market Strengthens with New Carrier Entries in 2023

Florida's property insurance market is gaining new carriers in 2023, signaling recovery and increased competition driven by legislative reforms and market stabilization.

Broome and Tioga Counties Face $25M-$30M Storm Damage, Insurance Claims Surge

Severe July storms in Broome and Tioga Counties, NY cause $25M-$30M in property damage, prompting a rise in home and auto insurance claims and highlighting flood insurance importance.

Texas Homeowners Face Rising Insurance Costs Amid Insurer Market Retreat

Texas homeowners confront rising insurance premiums and policy cancellations as insurers withdraw coverage due to escalating natural disaster risks, impacting market stability and coverage availability.

Honeycomb Insurance Expands Specialty Non-Admitted Program Nationwide with Enhanced Limits

Honeycomb Insurance expands its non-admitted specialty program nationwide, increasing insured property limits and integrating platforms amid a challenging commercial property insurance market.