Climate Change Means Californians Need Flood Insurance Now
Californians know wildfires and earthquakes; hurricanes, not so much. So, when Tropical Storm Hilary inundated Southern California in normally bone-dry August, it showed ...
Personal Lines
Idalia Rumbled Ashore as Cat 3, Lashing Tallahassee and Much of Florida and Georgia
Just when parts of the property-casualty industry thought it was safe to re-enter the Florida market, Hurricane Idalia made landfall closer to the heavily populated ...
Hurricane Idalia Strikes Florida With Powerful Cat 3 Winds
Hurricane Idalia came ashore on Florida's west coast with destructive Category 3 winds, triggering blackouts and unleashing flooding rains and dangerous storm surge. Idalia's maximum sustained winds ...
Evacuation Policies and Cat Strips: Wildfire Insurance and Reinsurance Ideas That Failed
Sometimes, it takes a few tries to develop the right insurance or reinsurance product—one that will align well with the needs and wants of customers.
While I was doing research for this edition, I came across these paragraphs, written by one of the leaders of a technology company, recalling a previous role he had ... The National Association of Insurance Commissioners said at its Summer National Meeting that it plans to collect data from insurers in order to help insurance ... As it reported a net loss in the second quarter of about $97 million, Kemper Corp. said Monday that it is exiting the preferred home and auto insurance market. Stakeholders near and far are hailing a record number of takeouts from Citizens' Property Insurance Corp. as a sign that the troubled Florida insurance market is ...
The Long Tail: Aftermath of Disaster
NAIC to Collect Insurer Data to Understand Property Market Gaps
Rate Hikes Not Bringing Profit to U.S. Auto Insurers: Fitch
Jumps in rates and written premiums did little to move the needle on underwriting profits for U.S. personal auto insurers, Fitch Ratings reported based on a recent review of midyear results of nine ...
More Signs of Life in Florida: New Insurers, More Citizens Takeouts
Florida's property insurance market is showing more signs of life, with another company requesting a large takeout order from Citizens Property Insurance and two new companies entering the arena.
Kemper Exits Preferred Home and Auto Business
Massive Citizens Takeout Plan Seen as Sign That Things Are Looking Up in Florida Market