Browsing: Property Insurance

Neera Sharma, president of Coastal Brokers Insurance Services, discusses the upheaval in California’s insurance market, focusing on the FAIR Plan’s impact, emerging opportunities, and strategies for survival.

Proposed bills aim to address rising insurance premiums, insurer practices, and the use of AI in claims.

Lawmakers question property insurance companies’ financial practices, focusing on funds sent to affiliated firms and shareholders while rates remain high.

A bill aimed at tightening regulations on Florida insurance companies and their executives while protecting consumers from AI-driven claim denials has advanced in the Senate.

Recent market changes indicate a stabilization in Florida’s home insurance rates, offering more options and potentially lower costs for homeowners.

Colorado insurance premiums have already accounted for fire risk. Experts say the recent wildfires in California are unlikely to cause immediate premium increases for Colorado homeowners.

The real estate insurance landscape is changing. While property insurance offers better terms, liability lines present challenges. This article explores the key risks, recommended practices, and what real estate buyers need to know.

Following a Tampa Bay Times/Miami Herald report, Florida House Speaker Daniel Perez has ordered a committee to investigate property insurance companies.

Florida-based Mangrove Property Insurance Company receives approval to assume more policies from Citizens Property Insurance Corporation.

An Illinois federal court has upheld its decision that an insurer is not obligated to cover a substantial attorney fee award against a nursing home operator in a wrongful death lawsuit.