Washington lawmakers have come together to discuss the growing insurance crisis spurred by climate change-induced natural disasters and the exodus of insurers from high-risk states like Florida and California…
HNW INSURANCE MARKET NOTES – SEPTEMBER 2023
bcuinsurancerisk • Sep 26, 2023
OUTLOOK: NEGATIVE
The U.S. homeowners insurance segment has been hit with three consecutive years of net underwriting losses as a result of above-average numbers of natural catastrophes, inflationary pressures and elevated reinsurance costs…
PROP 103 HOLDS IN CALIFORNIA... FOR NOW
New home buyers – and people getting dropped from their existing coverage – have had a tough time finding homeowners insurance this summer in California…
