INSURASALES

Tag: Property Insurance

Kingstone Boosts Catastrophe Reinsurance Coverage by 57% for 2025-2026

Kingstone Companies increases catastrophe reinsurance limit by 57% to $440M for 2025-2026, enhancing risk management and expected EPS.

Florida Faces Transparency Challenges as More Property Insurers Fail Fiscal Fitness Test

Florida's Property Insurance Stability Report reveals increased insurer financial risk and lack of transparency. Learn about regulatory disclosure limits and market impact.

$410M Fire-Damaged Art Insurance Dispute Involves Top U.S. Insurers

Major $410 million insurance dispute unfolds over fire damage to high-value artworks in Manhattan, involving top insurers and coverage nuances.

Florida Appeals Court Reverses Citizens Insurance Claim Denial in Roof Damage Case

Florida appeals court reverses Citizens Insurance claim denial, emphasizing limits on staged payment clauses in replacement cost policies. Implications for insurer claim handling and litigation.

California's Property Insurance Market Faces Ongoing Wildfire Risks and Reform Needs

California's property insurance market is under strain from wildfire losses, prompting urgent calls for regulatory reform and new risk management strategies to ensure market stability and affordability.

Florida Property Insurance Rates Show Slow Stabilization Amid Cost Pressures

Explore the latest insights on Florida's property insurance market, where premium rates face ongoing pressures despite legislative reforms aimed at market stabilization and increased competition.

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.