Reinsurers Lag in Reflecting Florida Tort Reforms in Catastrophe Models
Reinsurers have yet to fully incorporate Florida's recent tort reforms into catastrophe models, affecting risk assessment and underwriting in the homeowners insurance market.
Rising Nuclear Verdicts and 831(b) Captive Reforms Reshape U.S. Liability Landscape
Explore the surge in nuclear verdicts, state tort reforms, and evolving IRS regulations on 831(b) captive insurance impacting U.S. liability and risk financing strategies in 2025.
California Insurance Market Faces Regulatory Hurdles Despite New Cat Modeling Rules
Explore California's regulatory challenges in homeowners insurance amid new catastrophe modeling rules, Florida's tort reform impact, and industry perspectives on rate adequacy and market stability.
Florida Homeowners Could See Lower Windstorm Insurance Premiums in 2024
Florida's 2024 homeowner insurance premiums may decrease as reduced reinsurance costs and tort reform lower windstorm risk expenses. Market stability emerges post-2024 hurricanes.
Louisiana's Tort Reform Debate: Implications for Auto Insurance Claims
Explore the implications of Louisiana's proposed tort reform on auto insurance claims and industry reform, including the contentious House Bill 34.
Louisiana Lawmakers Consider Auto Insurance Reform Bills
Louisiana lawmakers are pushing for bills to address high auto insurance rates and the impact of lawsuits on costs.
Florida's Insurance Reforms Under Threat from New Legislation
Florida's recent insurance reforms, aimed at stabilizing the market and lowering costs, face potential rollback with new legislation. Discover the implications for consumers.