Homeowners' insurance
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The state is focusing on “bad actors” who take advantage of homeowners, insurance commissioner Jim Donelon said during a press conference. -
The credit facility will add to Orion180’s current capital base, which will be used for underwriting growth and product line expansion, as well as geographic expansion.
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The private broker said replacement cost values in the homeowners' sector will also go up this year to offset increased construction costs and inflation.
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Like Florida, Louisiana is no stranger to legal system abuse, the institute said.
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The US continues to experience catastrophic flash flooding and heavy rainfall events that are impacting “inland” areas across the country, as well as coastal areas.
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The facility will support quota share capacity with Anchor Re on behalf of SageSure carrier partners.
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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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Business is surging into the E&S market, with rates up in the triple digits in some instances, as carriers combat claims volatility.
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The Texas Department of Insurance is not expected to conclude its revision and approve the filing before Q3.
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The attempt to increase the supply of insurance in the state has been submitted for governor approval.
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The executive joined Citizens as general counsel in June 2021.
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Following recent hurricanes, more than 610,000 residential property claims were filed in the state.
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