INSURASALES

Tag: property insurance

Mangrove Property Assumes 30,000 Florida Citizens Policies in Depopulation Effort

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.

Insurance Crisis: Coverage Cancellations in Oregon Highlight Growing Wildfire Risk

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 Push to Extend U.S. National Flood Insurance Program Through 2026

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.

2025 U.S. P&C Insurance Market Insights: Property Gains, Casualty Challenges

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.

US Property and Casualty Insurance Industry Earns $170 Billion in 2024

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 Investigate Insurance Market Transparency

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