WEST PALM BEACH, Fla. — A new homeowners insurance company is coming to Florida.Mangrove Property Insurance, a start-up based in Florida, has been cleared by the state's Office of Insurance Regulation.WATCH BELOW: Mangrove Insurance CEO says they'll launch in a 'disciplined way'
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January wildfires in Southern California have created significant property damage and destruction that few could have predicted — except for insurance companies, who pulled policies months before the blaze.
What's happening?
CBS News, citing data from the California Department of Insurance,...
Another new property insurer has been approved by Florida regulators to offer coverage in the state — the 11th since the Legislature enacted reforms to shore up insurers’ bottom lines.
Mangrove Property Insurance, based in St. Petersburg, was approved on Jan. 15 by the...
State Sen. Scott Wiener has introduced a bill that would create a pathway for Californians affected by fires, floods and other climate disasters to sue fossil fuel companies for damages. The bill would also let insurers do the same to recover costs.Senate Bill...
Written by THE ASSOCIATED PRESS
RALEIGH. N.C. (AP) — Base rates for North Carolina homeowners’ insurance premiums will increase on average by about 15% by mid-2026 as part of a settlement reached by the state Insurance Department and the industry.
The agreement announced last Friday by state...
