The top five insurance companies have an average homeowners market share of 9.15% as of December 31, 2024.
California’s insurer of last resort is careening toward another hot and dry summer with its coffers already strained. That’s raising the prospect that state residents will need to pick up the bill for more funds.
California’s insurer of last resort is careening toward another hot and dry summer with its coffers already strained. That’s raising the prospect that state residents will need to pick up the bill for more funds.
HSB, a part of Munich Re, partners with Flume; Kin expands into California, plus more insurtech news.
HSB, a part of Munich Re, partners with Flume; Kin expands into California, plus more insurtech news.
First came a dry spell that parched the land, then a spark, followed by some wind. Suddenly, swaths of South Carolina were consumed by voracious flames.
First came a dry spell that parched the land, then a spark, followed by some wind. Suddenly, swaths of South Carolina were consumed by voracious flames.
The National Flood Insurance Program, estimated to cover over 4 million homeowners, is set to lapse next Friday along with the federal budget.
The National Flood Insurance Program, estimated to cover over 4 million homeowners, is set to lapse next Friday along with the federal budget.
The jump, which represents an ICE Mortgage Technology survey high, reflects the past cost of natural disasters like hurricanes in the Southeast.