INSURASALES

Tag: property insurance

Advances in Property Intelligence Enhance Interior Risk Visibility for U.S. Insurers

New property intelligence tools provide U.S. insurers with scalable interior risk data, improving underwriting accuracy, pricing precision, and reinsurance negotiations. Learn how this innovation transforms property risk management.

House Collapses in Buxton Prompt Safety Warnings and Highlight Insurance Risks

Buxton house collapses highlight coastal erosion risks and insurance gaps. CHNS issues safety warnings; regulatory action on insurance policies discussed.

Florida's Citizens Property Insurance Shrinks as Private Insurers Gain Customers

Florida's Citizens Property Insurance Corp. sheds nearly 200,000 policies as private insurers expand, marking lowest policy levels since 2021. Depopulation program and regulatory reforms drive market shift amid hurricane risk.

Stand Secures $35M Series B to Expand Resilience-Linked Property Insurance into Florida

Stand raises $35M to expand its resilience-linked property insurance model from California to Florida’s high-risk windstorm market, promoting mitigation-based coverage.

Florida's Hurricane Fund Retention Formula Inflates Insurance Premiums

Florida's automatic increase in the Hurricane Catastrophe Fund retention contributes to higher homeowners insurance premiums by driving up reinsurance costs. Resetting the retention threshold could lower premiums and improve market stability.

Japan's General Insurance Market to Reach $102.6B by 2030 Driven by Motor and Property Lines

Japan's general insurance market is forecasted to grow to $102.6 billion by 2030, driven by increased motor insurance demand, rising premiums, and regulatory factors enhancing property insurance.

FL Appeals Court Clarifies Replacement Cost Damage Claims in Property Insurance Breach

Florida appeals court rules on replacement cost versus actual cash value in property insurance breach cases, clarifying insurer obligations and policyholder remedies under homeowner policies.

Praxis Reciprocal Exchange Launches as Florida-Based Reciprocal Property Insurer

Praxis Reciprocal Exchange secures regulatory approval to operate as a reciprocal property insurer in Florida, prioritizing policyholder interests and market stability.

Advanced Technologies Transform Wildfire Risk Management in U.S. Insurance

Explore how AI-driven risk models, geospatial analytics, and advanced technologies are reshaping wildfire risk management and insurance coverage in the U.S. market.

Florida Mandates Flood Insurance for Citizens Property Policyholders by 2027

Florida's Citizens Property Insurance mandates flood insurance for most policyholders by 2027, affecting over half a million homeowners and shifting market dynamics.