Photo courtesy Deposit PhotosNine companies are seeking $62 million in grant money through a recently funded Insure Louisiana Incentive Program designed to address the state’s insurance crisis, officials announced Tuesday.Louisiana Insurance Commissioner Jim Donelon held a press conference with legislative leaders in Baton...
As the state sinks further into a coverage crisis, the insurer of last resort’s use is ballooning.The recent inflation and regular severe hurricanes have caused massive home insurance challenges in Florida, forcing many homeowners to turn to the insurer of last resort, Citizens...
Hippo Holdings Inc. (NYSE: HIPO) (“Hippo”), the home insurance group focused on proactive home protection, today announced that its board of ...
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In 2021, GlobalData’s survey, “any energy provider” topped the list of alternative providers from which customers had purchased, or would purchase, home insurance. In 2022, however, energy providers saw the largest drop in interest among all alternative insurers. (Credit: A_stockphoto/Shutterstock.com)
U.K. insurance customers...
In another sign of problems in Florida’s property-insurance market, the AM Best rating agency has raised concerns about Castle Key insurance companies.
AM Best said Thursday that it has “placed under review with negative implications” the financial-strength rating and the long-term issuer credit...
