Florida lawmakers took on the state’s broken property insurance market in two special sessions last year. Changes included disincentivizing claims litigation and $3 billion to bolster reinsurance. Now ...
California’s already strained property insurance market is facing a new challenge as two more insurers, Tokio Marine America Insurance Co. and Trans Pacific Insurance Co., plan to withdraw from the ...
Two insurance industry giants have pulled back from California’s home insurance marketplace, saying that increasing wildfire risk and soaring construction costs have prompted them to stop writing new ...
SACRAMENTO, California — A pair of dueling property insurance reform initiatives will no longer go to the ballot after their supporters declared a truce. What happened: Consumer Watchdog said Tuesday ...
JACKSONVILLE, Fla. — Florida Democratic lawmakers are pointing to the withdrawal of Farmers Insurance from the state as evidence recent Republican-led reforms implemented to stabilize the market have ...
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