Property - North America

News, insights and thought leadership for re/insurance professionals with an interest in North American property.

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Who Was Prepared for This? - Best's Review

With civil unrest on the rise globally, insurers are rethinking how they underwrite risks of riots and civil commotion and looking closely at aggregation risk...

Article / 2 years ago

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Reinsurance Market Dynamics: June and July 2022 Renewals

Reinsurance buyers faced a near-perfect storm in June and July, as capacity constraints collided with ri...

Flood risk already affects 1.81 billion people. Climate change and unplanne...

Flooding is among the leading climatic threats to people’s livelihoods, affecting development prospects w...

Insider in Full: July renewals: Inflation and losses build up cat rate mome...

Historic losses in Australia combined with growing fears around inflation are building up pressure for pr...

Insurer in Full: How the $1bn Surfside settlement breaks down

The approval of the $1bn+ settlement for the victims of the Champlain Towers South collapse in Surfside, ...

Florida insurance regulator sets 2022 rates for Citizens Property Insurance...

Effective date for new and renewal rates is September 01, 2022...

Florida’s Citizens Insurance Could Spend $100M on Defense Legal Fees This Y...

Citizens Property Insurance Corp. could spend $100 million this year on attorneys who defend claims litig...

Florida judge finalizes settlement for victims of Surfside condo collapse -...

A Florida judge approved a $1.2 billion settlement for the victims of a condominium collapse that killed ...

Extreme Fraud and Litigation Causing Florida’s Homeowners Insurance Market’...

With its overabundance of unneeded new roofs on homes, and flashy lawyer billboards at every turn claimin...