Tag: homeowners insurance

Raymond James Raises Mercury General Price Target to $100 with Strong Buy

Raymond James upgrades Mercury General price target to $100, highlighting strong performance in California auto and homeowners insurance markets with solid combined ratios and growth prospects through 2026.

Understanding Homeowners Insurance Cancellation: Key Insights for Mortgage Compliance

Explore the impact and regulatory context of homeowners insurance cancellations, including lender requirements, force-placed insurance implications, and steps for securing replacement coverage in compliance with state rules.

Bamboo Insurance and Accredited Partner to Enhance CA Homeowners Insurance

Bamboo Insurance teams with Accredited to deliver the E&S Signature homeowners insurance in California, enhancing coverage options amid market challenges.

Insurance Claim Complexities After April Tornado Damage in Olive Branch, Mississippi

Explore the challenges of homeowner insurance claims in Olive Branch, Mississippi after April tornadoes, highlighting USAA's handling, claim disputes, and mitigation efforts.

Reno Sisters Face Insurance Loss and Fire Aftermath in High-Risk Zone

Two Reno sisters lost their home to fire and insurance coverage due to high wildfire risk, illustrating challenges of insuring homes in fire zones and community emergency support efforts.

Reinsurers Lag in Reflecting Florida Tort Reforms in Catastrophe Models

Reinsurers have yet to fully incorporate Florida's recent tort reforms into catastrophe models, affecting risk assessment and underwriting in the homeowners insurance market.

State Farm Strengthens Commitment to Florida Homeowners Insurance Amid Market Challenges

State Farm remains a stable choice for Florida homeowners amid hurricane risks, litigation challenges, and recent premium reductions by Citizens Property Insurance.

Rising Homeowners Insurance Premiums Spur State-Level Reforms in California and Florida

Homeowners insurance premiums are set to rise 8% in 2025, driving state-level reforms in California and Florida aimed at stabilizing markets impacted by natural disasters and regulatory challenges.

Understanding Percentage-Based Deductibles in Homeowners Insurance

Explore how percentage-based deductibles in homeowners insurance affect claim payouts and risk-sharing after catastrophes like hurricanes and windstorms. Understand regulatory context and market implications.

South Carolina Earthquake Swarm Spurs Insurance Coverage Advisory

A recent swarm of small earthquakes near Lake Greenwood, South Carolina, prompts emergency officials to advise residents on earthquake insurance coverage due to the region's seismic activity and associated risks for homeowners.