Browsing: property insurance

Senator Sheldon Whitehouse highlights the escalating threat climate change poses to the financial system, particularly in the areas of property insurance and real estate values, citing inaction by Congress and the potential for an economic crisis.

A recent report has flagged discrepancies between insurance companies’ financial losses and the profits of their affiliate companies, sparking concerns among regulators and lawmakers.

The state-backed insurer, Citizens Property Insurance Corp., is reducing its policy count. Here’s what this means for Florida homeowners.

State lawmakers are examining why insurance companies were making billions while increasing premiums for Floridians.

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.