Homeowners' insurance
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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It is the first time since 1993 following Hurricane Andrew the association is selling these types of bonds, according to Bloomberg.
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California Insurance Commissioner Ricardo Lara was speaking about climate change's impact on insurance pricing at the Bermuda Climate Summit.
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Bruce Lucas added that the company is no longer pursuing a Series B round.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s news team runs you through the key highlights of the week.
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CPI figures show loss costs are cooling, and if rate levels cannot reach adequacy we are likely to see more pausing from the industry beyond State Farm, Allstate and Nationwide.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Forecasts for “near-normal” activity may mean the chance at a reprieve for the Florida market, but a history of underestimates warrants caution.
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The company wrote the most California homeowners multi-peril insurance, at $2.56bn, and fire lines and home multi-peril insurance, at $2.66bn, in 2022, according to AM Best data.
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