INSURASALES

Tag: 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.

Patriot Select Approved to Take Over 30,000 Policies from Florida's Citizen Property Insurance

Patriot Select gains regulatory backing to assume up to 30,000 personal residential policies from Florida's Citizen Property Insurance, reflecting a strategic risk transfer in the state's insurance market.

Verisk to Acquire AccuLynx for $2.35B, Enhancing Insurance Claims Tech Ecosystem

Verisk's $2.35B acquisition of AccuLynx strengthens its property insurance claims ecosystem by integrating contractor SaaS workflows and enhancing data-driven restoration services.

Aon Reports Market Softening in Property, Cyber, and D&O Lines Amid Rising Systemic Risks

Aon's Q2 2025 report reveals softening insurance market conditions in property, cyber, and D&O lines with lower premiums and increased capacity despite rising systemic risks from climate and geopolitical challenges.

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.