HNW INSURANCE MARKET NOTES – OCTOBER 2023

Farmers Insurance Group of Cos. and United Services Automobile Association (USAA) have increased homeowners insurance rates by nearly 15% each to lead all other insurers….

Progressive is expected to send non-renewal notices to up to 115,000 Florida home insurance policyholders….

A looming government shutdown would delay hundreds of real estate transactions each day and cause a shock to the industry because some home buyers will be unable to secure flood insurance…