Patriot Select, formerly Anchor Property & Casualty, exits Florida's regulatory supervision and plans to assume 39,000 policies from Citizens in a strategic market move under recent insurance reforms.

Explore recent U.S. insurance developments covering AI use in underwriting, wildfire risk mapping, data security breaches in auto insurance, environmental health concerns, and regulatory actions affecting property and environmental risk insurance.

Mangrove Property Insurance takes on 30,000 policies from Florida's Citizens Property Insurance as part of state-mandated depopulation to shift risk to private insurers. The move reflects ongoing regulatory approval and market adjustments in Florida's property insurance sector.

Explore how the cancellation of homeowner insurance coverage by Farmers Insurance in Oregon underscores the challenges in fire-prone areas and the broader implications for the U.S. insurance market.

Bipartisan members of the U.S. House introduce legislation to prevent the expiration of the National Flood Insurance Program, aiming to stabilize flood insurance coverage until 2026.

Explore Gallagher's insights on the evolving U.S. property and casualty insurance market for 2025, highlighting property rate declines and ongoing casualty challenges due to rising costs and social inflation.

The US property and casualty insurance industry earned $170 billion in 2024, showing significant improvements in underwriting gains and premium growth despite challenges from natural disasters.

Florida lawmakers are probing the reasons behind high insurance rates as they question insurers' financial practices amid ongoing market challenges.