Homeowners' insurance
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The company sees and opportunity to grow market share in the state. -
The former executive is looking for $40mn to $80mn of new capital, sources suggested.
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Inside P&C’s news team runs you through the key highlights of the week.
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The two products offer coverage for high-value residentials in a state where frequency of wildfire is highest in the US.
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The ratings agency continues to review other Florida carriers’ positions following the 1.6 renewal.
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In a growing number of wildfire-prone areas, capacity is a challenge even as premiums and deductibles spike.
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The transfer comes a day after FedNat transferred majority ownership of Monarch to Hale Group.
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The Catastrophe Reform Package passed the 2022 Legislative Session to provide relief for policyholders struggling in the aftermath of Hurricane Ida.
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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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The state-backed carrier has seen massive growth in the distressed Florida market.
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With the geographic expansion, the personal lines InsurTech will reach 94% of the US population, in 40 states.
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Through the partnership, the personal lines InsurTech will offer water damage, fire and break-in coverage.
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