November 23, 2022
  • November 23, 2022

Monthly Archives: May 2021

Property Insurance in Florida is a Sea of ​​Red Ink Hurricanes, Home & Insurance – Florida Trend

by on May 26, 2021 0
SITUATION REPORT Insurance – a sea of ​​red ink The Legislature passed a bill in its 2021 session making major changes to Florida’s property insurance markets. Time will tell now if that will help Florida-based property insurers withstand losses that doubled in 2020 from 2019. For three years in a row, they’ve lost money... Read More

After the Assam earthquake, general insurers start to receive claims, mainly in the property insurance segment

by on May 5, 2021 0
The earthquake measuring 6.4 on the Richter scale shook Assam on April 28. The epicenter of the quake was located at Dhekiajuli in Sonitpur district. The tremors, which were felt in northeast India, parts of Bihar and West Bengal, Bhutan and Bangladesh, damaged several buildings and roads in Assam. After a powerful earthquake rocked... Read More

Delayed Property Insurance Savings

by on May 3, 2021 0
TALLAHASSEE, Fla. (CAPITOL NEWS SERVICE) – Homeowners are suffering sticker shock as home insurance rates rise rapidly in Florida. New reforms to lower rates come into effect on July 1, unless the governor vetoed it, but it could be more than a year before rates stabilize. Florida’s 6.2 million home insurance customers are seeing... Read More