Browsing: property insurance

AM Best’s commentary highlights the increasing challenges in California’s property insurance sector, driven by severe wildfires and insurer pullbacks.

The inland marine insurance market, which covers movable property, is stable despite challenges from cargo theft and cyber threats, according to industry experts.

Homeowners in South Florida are expecting some relief in property insurance premiums, although the decreases are small compared to recent increases.

A growing number of Florida homeowners are choosing to forgo property insurance, driven by high premiums and a troubled insurance market. This trend presents significant financial risks.

Rhode Island homeowners face rising premiums and limited insurance options due to climate-related risks and other factors, prompting state officials to advise proactive measures.

TransUnion research reveals a 20% year-over-year increase in auto and property insurance shopping in Q4 2024, driven by consumer demand for lower rates.

Homeowners in Florida can expect some relief on property insurance premiums starting in March 2025, though the reductions will be modest compared to recent increases.

An upcoming virtual event will explore the impact of escalating property insurance costs on the supply and affordability of rental housing in Minnesota, with insights from industry experts and a presentation of survey findings.

A report from Marsh details rate changes across various insurance lines in the Pacific region during the fourth quarter of 2024.

The Shasta County Board of Supervisors has unanimously voted to send letters to President Trump and Governor Newsom, urging action on wildfire mitigation and property insurance challenges.