Effective date for new and renewal rates is September 01, 2022...
Fate of Fla. property insurance market at stake as special session looms
Reinsurance programs and excessive litigation are among the issues to be addressed when lawmakers get together to tackle the Sunshine State's property insurance crisis...
Reinsurance programs and excessive litigation are among the issues to be addressed when lawmakers get together to tackle the Sunshine State's property insurance crisis...
Article / 1 month ago
Travelers, Allstate raise homeowners rates in December 2021
Travelers could enjoy a $78.6 million increase in total premiums from 36 homeowners rate hikes approved during the month...
Travelers could enjoy a $78.6 million increase in total premiums from 36 homeowners rate hikes approved during the month...
Article / 4 months ago
With policy counts soaring, Florida's Citizens seeks maximum premium hike
The Board of Governors of Florida's insurer of last resort approved double-digit rate increases to help slow its ballooning in-force policy counts...
The Board of Governors of Florida's insurer of last resort approved double-digit rate increases to help slow its ballooning in-force policy counts...
Article / 6 months ago
Chubb pulling back sharply in California; CEO blames price inadequacy
Chairman and CEO Evan Greenberg said the company is shrinking its footprint in areas of the Golden State exposed to wildfires...
Chairman and CEO Evan Greenberg said the company is shrinking its footprint in areas of the Golden State exposed to wildfires...
Article / 8 months ago
Fla. insurers paring exposures to cut reinsurance costs at June renewals
Reinsurance prices will continue to rise at June 1 and July 1, but there are signs that the speed of increase is slowing...
Reinsurance prices will continue to rise at June 1 and July 1, but there are signs that the speed of increase is slowing...
Article / 1 year ago
Fla. lawmakers seeking new ways to curb wave of litigation against P&C insurers
Jeff Brandes, a state senator, said the property insurance situation in Florida has become...
Jeff Brandes, a state senator, said the property insurance situation in Florida has become...
Article / 2 years ago
Top Risks For The Global Insurance Industry
Could COVID-19’s second wave shake up the sector?...
Could COVID-19’s second wave shake up the sector?...
Report / 2 years ago
Cat losses, pandemic likely to be highlighted in P&C insurers' Q3 results
Revenue for a majority of the largest P&C insurers is expected to be up year over year, but 15 of them are also expected to report a year-over-year decline in EPS...
Revenue for a majority of the largest P&C insurers is expected to be up year over year, but 15 of them are also expected to report a year-over-year decline in EPS...
Article / 2 years ago
3 years of cat losses provide key lesson for insurers, says Swiss Re exec
Insurers should learn that basing decisions on historical analysis alone is not good enough, said catastrophe perils head Martin Bertogg, as the reinsurer's latest report warned of growing future losses...
Insurers should learn that basing decisions on historical analysis alone is not good enough, said catastrophe perils head Martin Bertogg, as the reinsurer's latest report warned of growing future losses...
Article / 2 years ago
Coastal North Carolina property rate deal provokes adequacy debate
The dwelling rate increase settled upon by the state's department of insurance and rate bureau is well below what the industry had sought and the actuarial indication of rate need...
The dwelling rate increase settled upon by the state's department of insurance and rate bureau is well below what the industry had sought and the actuarial indication of rate need...
Article / 2 years ago
