Browsing: property insurance

Colorado homeowners are taking proactive measures to protect their homes from wildfires, yet some are still losing insurance coverage. New legislation aims to bring more transparency and support.

Legislation passed by the Colorado House seeks to reduce property insurance costs for residents by increasing transparency in wildfire risk models.

The number of policies held by Florida’s Citizens Property Insurance Corp. has dropped to its lowest level in nearly three years due to the ongoing depopulation program.

The Woodlands Financial Group (TWFG) is expanding its reach, finding new market opportunities and navigating challenges in the property insurance sector, according to CEO Gordy Bunch.

The Woodlands Financial Group (TWFG) is capitalizing on new opportunities in the property insurance market, with growth in several regions and strategic moves in Florida and California, according to Chairman and CEO Gordy Bunch.

Homeowner associations in Minnesota are facing steep increases in property insurance rates, with some experiencing jumps of up to 400%. This surge is impacting residents’ finances and raising concerns about the affordability of homeownership.

Homeowner associations across Minnesota are facing dramatic increases in property insurance premiums, forcing difficult decisions for residents and raising concerns about affordability.

The House approved legislation aimed at reducing property insurance costs by requiring transparency in wildfire mitigation risk models.

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.