Browsing: Property Insurance

Florida’s personal property insurance market has reported an underwriting profit and significant increase in operating income in 2024 after eight years of losses.

Gain a competitive edge and accelerate decision-making with our market insights

Louisiana homeowners facing rising insurance premiums can take proactive steps to make their homes more insurable and potentially lower their insurance costs.

As cyber incidents become more sophisticated, public companies are facing increased scrutiny from the SEC regarding their cyber incident response procedures and disclosures. QBE North America has introduced two new coverage enhancements to help companies navigate this complex environment.

A recent emergency rate hike for State Farm in California highlights the state’s long-standing issues with insurance regulations and the consequences of artificially suppressing rates.

Texas homeowners face some of the highest insurance premiums in the country, with rates increasing by double digits annually. Despite severe weather events and rising repair costs driving these increases, the Texas Legislature has offered little relief.

Flood insurance is crucial for homeowners, especially those in flood-prone areas. Learn about average costs, factors affecting premiums, and ways to reduce flood risk and insurance costs.

Insurance premiums are rising sharply in the Midwest due to increasing severe weather events, with hail being the primary driver of insured damages rather than tornadoes.

Following Hurricane Helene’s devastating impact, North Carolina homeowners are bracing for a 7.5% statewide insurance rate increase, despite initial requests for a 42.2% jump. Experts warn of continued hikes due to climate change and rising rebuilding costs.

One year after Louisiana passed sweeping property insurance reform laws, homeowners are still waiting to see significant reductions in their premiums.