INSURASALES

Tag: Property Insurance

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.

Mercury Insurance Highlights Proactive Hurricane Preparedness for Homeowners

Mercury Insurance shares proactive steps for homeowners to minimize hurricane damage and navigate insurance claims during hurricane season.

RoofMarketplace Announces $7M Funding and New CEO to Innovate Roofing Claims

RoofMarketplace secures $7M Series A funding and appoints new CEO Scott Holewinski to transform roofing claims processing with improved accuracy and transparency.

Florida Retracts $2.1 Billion from Insurer Reinsurance Support Amid Lower Claims

Florida withdraws $2.1 billion from insurer reinsurance support programs following lower-than-expected hurricane claims, reflecting changes in the state's property insurance market and reinsurance strategies.

Aon Reports Record Global Reinsurance Capacity and Buyer-Friendly Midyear 2025 Market Conditions

Aon reports a global reinsurance capacity exceeding $720 billion in 2025, highlighting improved pricing, terms, and coverage amid record catastrophe bond issuance and robust reinsurer financial results, with regional market insights and outlook to 2026.

Florida Approves Two New Property Insurers Amid Market Stabilization

Florida Office of Insurance Regulation approves two new property insurers as market reforms lead to rate stabilization and increased profitability in 2024.

Insurance Challenges and Coverage in the Growing Peer-to-Peer Sharing Market

Explore insurance challenges and coverage options in the expanding peer-to-peer sharing economy, including vehicle and property rentals, liability protection, and industry risks.

MillerLaunches MillerBoost: Advanced Algorithmic Placement Facility for Property Re/Insurance

Miller introduces MillerBoost, a data-driven smart-follow facility leveraging algorithmic capacity and InsurX technology to accelerate placement in property re/insurance, enhancing Lloyd's market access and service speed.