Florida Property Insurance Sees Rising Premiums Despite Stable Policy Counts
Florida's property insurance market shows rising premiums driven by construction and reinsurance costs despite stable policy counts following litigation reform legislation.
U.S. Faces Billion-Dollar Risks as 2024 Hurricane Season Forecasts Elevated Home Damage
The 2024 hurricane season threatens billions in U.S. property damage, exposing insurance gaps and financial risks in coastal markets. Insight on risk, insurance coverage, and federal preparedness.
Slide Insurance CEO Compensation and Premium Increases Spotlight Florida Insurance Market Reforms
Slide Insurance's IPO prospectus reveals $50 million executive payouts and premium hikes amid Florida insurance reforms impacting Citizens policy takeouts and market competition.
Louisiana Insurance Reform Targets High Premiums Through Legal Changes
Louisiana tackles high insurance premiums with legislative legal reforms aimed at reducing claim abuses and balancing insurer protections.
Eighth Circuit Rules Insurers Not Required to Replace Entire Roof for Shingle Matching
Eighth Circuit decision in Noonan v. American Family Mutual Insurance clarifies insurer obligations on roof replacement and shingle matching under specific policy endorsements.
AM Best Hosts Briefing on 2025 Florida Property Insurance Market
AM Best to present a 2025 briefing on Florida's property insurance market amid active hurricane season forecasts. Industry experts to discuss market dynamics and regulatory factors.
U.S. Commercial Insurance Market Shows Optimism Amid Complex Risks and Capacity Shifts
U.S. commercial insurance market experiences stability with excess casualty capacity shifts amid evolving risks and regulatory challenges, industry leaders report at Riskworld.
Federal Disaster Programs Essential for Mitigation and Insurance Stability
Senior insurance official urges Senate on the indispensable role of federal disaster programs in reducing property insurance risks and costs, highlighting FEMA's unique capabilities amid federal funding cuts.
Trumbull County Insurance Premiums Rise 23.25% Under Ohio's CORSA Self-Insured Program
Trumbull County's insurance premiums rise 23.25% under Ohio's CORSA self-insurance program due to increased liability claims and asset expansion, reflecting broader public sector risk management challenges.
California Leads U.S. in Wildfire-Resilient Housing and Risk Mitigation
Explore California's pioneering wildfire-resilient homes and programs addressing the challenge of retrofitting existing homes for fire safety. Insights on insurance industry responses and regulatory initiatives shaping wildfire risk management.