Insurance News By Topic
Property Casualty Industry news by topic.
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AMBest Report Shows Florida Insurers Far Out of Line on Reinsurance Dependency
Mango Questions State-Run Ratings Agency Idea Florida-domiciled property carriers are extremely reliant on the reinsurance market, making them vulnerable to coming price hikes, a just-released report from the AM Best financial rating firm...
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UPDATE: Hurricane Ian Turning Toward Tampa Area and $258B in Replacement Value
Florida property insurance experts have long warned that a powerful hurricane strike on a major metropolitan area could result in catastrophic losses and the insolvency of more carriers. Those warnings could become reality by the end of the week...
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