Browsing: property insurance

Property insurance costs are skyrocketing across the United States, leaving homeowners and renters struggling to afford coverage. As natural disasters become more frequent and severe, the need for effective solutions has never been more pressing.

As hurricane season peaks, Florida homeowners are experiencing another surge in property insurance rates, with a 40% increase since 2022. However, insurance experts suggest there may be reasons for cautious optimism.

Aurora launches property owners’ insurance product backed by Lloyd’s, enhancing broker access and coverage for various tenant types

Progressive’s stock declined today due to broader insurance sector news and LA unrest, despite no company-specific news.

A South Florida Sun Sentinel analysis of insurance data reveals that Florida-based property insurers charge significantly higher rates per $1,000 of insured value compared to out-of-state companies.

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

As the 2025 Atlantic hurricane season approaches, forecasters predict an above-average number of named storms, including potential major hurricanes. Residents in storm-prone areas like the Keys are concerned about insurance coverage and emergency response readiness.

Florida’s personal property insurance market is experiencing a transition, with increased competition and moderating premiums following legislative reforms.

Florida’s property insurance market shows signs of stabilization with only 1% average premium increase last year, offering hope to homeowners as hurricane season nears

Florida’s personal property insurance market reported its first underwriting profit in eight years in 2024, according to a new AM Best report.