Florida's 2022 property insurance reforms have not reduced claim denials or lawsuits, leaving homeowners with higher costs. Regulatory fines and ongoing investigations target insurers' compliance amid rising hurricane-related claims.

Arkansas to implement the State Captive Insurance Program (SCIP) in 2025, centralizing property and casualty insurance for schools and state-owned properties to enhance risk management and cost efficiency.

Florida's recent insurance reforms drive new property insurers into the market, lowering homeowners and auto insurance rates and reducing litigation.

Verisk's 2025 report reveals global insured property losses from natural catastrophes have risen to $152B annually, driven by frequent severe events. Insurers must adjust risk models and strategies to manage growing catastrophe exposures effectively.

New York Assembly Bill A09016 proposes annual reporting on property and liability insurance for multifamily and nonprofit housing to enhance market transparency and inform regulatory oversight.

A Guardian Service survey finds a significant gap between homeowner confidence and actual insurance knowledge, highlighting generational differences and implications for the property insurance industry.

Missouri tornado zones show high uninsured rates; Texas floods spur active insurance outreach. NAIC anticipates FEMA shifting more disaster responsibilities to states.

The NAIC is urged to recommend stronger consumer transparency and appeal rights related to undisclosed risk characteristics in property and casualty insurance, addressing rising premiums and coverage issues.

Lane County homeowners face up to 50% hikes in insurance premiums due to increased wildfire losses since 2020, impacting local insurance markets and budgets.

Homeowners insurance companies are increasingly requiring maintenance and repairs as a condition for policy renewal amid rising claims costs and market pressures. Learn how these underwriting changes affect coverage and policyholder decisions.