Browsing: Property Insurance

Westfield Insurance has launched a new insurance product and made a significant donation to address the growing threat of flooding in areas not traditionally considered high-risk.

California Insurance Commissioner Ricardo Lara addressed concerns about the state’s insurance market during a recent Assembly committee hearing, defending his trip to Bermuda for meetings with reinsurers.

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Insurance trade groups express concern that a Florida House bill could undermine recent reforms aimed at controlling legal costs in insurance disputes.

A new report projects significant growth for the home insurance market, fueled by rising property values, increased natural disaster frequency, and technological advancements.

Following a year marked by devastating wildfires, floods, and hurricanes, Canadian property insurance buyers are likely facing another year of increased costs.

This press release analyzes the growth of the UAE property and casualty insurance market, driven by urbanization, industrialization, and evolving regulations. The market is expected to expand due to the increasing number of expatriates and the demand for innovative insurance products.

Florida insurance regulators have approved plans for three insurers to assume over 135,000 policies from Citizens Property Insurance Corp., as the state continues its efforts to stabilize the troubled insurance market.

The state-backed insurer, Citizens Property Insurance Corp., is seeing a reduction in policyholders due to legislative reforms and increased private insurer interest.

Home insurance costs are rising across the country. This article breaks down the factors influencing these increases and provides a state-by-state look at average premiums. Learn how to potentially lower your premiums.