Insurance Journal

MARCH 5, 2025

Florida legislative leaders, facing increasing pressure from the public and the press, this week pledged to investigate property insurers’ financial structures. And bills filed before the 2025 Legislature began this week also would require executive pay disclosure by carriers, along …

Insurance Industry 263

Insurance Industry Property Insurance Insured Insurance 263

Insurance Journal

JUNE 1, 2025

When Tampa-based Slide Insurance registered for an initial public stock offering last week, one page of the filing quickly had people talking in the Florida insurance industry. On page 132 of the filing with the U.S. Securities and Exchange Commission …

Compensation 363

Compensation Insurance Industry Insured Insurance 363

Insurance Journal

JANUARY 27, 2025

Former RenaissanceRe executive Stephen Weinstein has launched a new Florida-domiciled insurance carrier, known as Mangrove Property Insurance, with plans to assume thousands of policies from Citizens Property Insurance Corp. Mangrove, with offices in Tallahassee, will be the 10th new insurer …

Property Insurance 292

Property Insurance Insurance Carrier Insured Insurance 292

Insurance Journal

JUNE 11, 2025

Aurora, the London-based digital managing general agent, has launched a property owners insurance product, aiming to enhance the way brokers access and place property risks. The new product, backed by Lloyd’s, leverages Aurora’s digital insurance platform and real-time data enrichment …

Property Insurance 158

Property Insurance Broker-Agent Agents Broker 158

Property Insurance Coverage Law

APRIL 4, 2025

Yesterdays testimony before the Florida House Insurance & Banking Subcommittee ripped the cover off a story thats been brewing for years: the Office of Insurance Regulation (OIR) under David Altmaier had a completed, paid-for, red-flag-waving report about insurer affiliate transactions showing hundreds of millions of hidden profits for the insurance (..)

Insured 203

Insured Insurance Insurer Property Insurance 203

Property Insurance Coverage Law

MAY 27, 2025

Westfield Insurance Company 1 shows how even well-intentioned policyholders can lose a flood insurance claim before their lawsuit ever begins. A recent court decision in Sublett v. This case is not just about a technical legal loss.

Insurance Claim 200

Insurance Claim Claim Policyholder Property Insurance 200

Insurance Journal

APRIL 28, 2025

After receiving multiple inquiries about the use of aerial images in property insurance nonrenewals, West Virginia’s insurance commissioner has posted guidelines for insurers’ use of the technology. In a bulletin this month, Commissioner Allan McVey reminded insurance companies that aerial …

Property Insurance 233

Property Insurance Insured Insurance Insurer 233

Property Insurance Coverage Law

FEBRUARY 20, 2025

A new bill filed in the Florida Senate by Don Gaetz is making waves by proposing that insurance companies disclose the financial relationships of their executives and related entities. It also demands transparency … The post Why Shouldn’t Insurance Executives Disclose Their Pay?

Compensation 197

Compensation Property Insurance Insured Insurance 197

Property Insurance Coverage Law

MAY 13, 2025

The Senate Subcommittee on Disaster Management will hold a hearing this afternoon titled Examining the Insurance Industrys Claims Practices Following Recent Natural Disasters. Among those testifying is Mike Fiato, Executive Vice President and Chief Claims Officer at Allstate.

Insurance Claim 241

Insurance Claim Claim Property Insurance Insurance Industry 241

Property Insurance Coverage Law

MARCH 18, 2025

Seeing firsthand the devastating aftermath and hearing the deeply emotional stories from these homeowners is heartbreakingbut whats even worse is witnessing how some insurance companies continue to compound their customers’ trauma … The post Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?

Policyholder 233

Policyholder Risk Property Insurance Insurance Companies 233

Property Insurance Coverage Law

MAY 27, 2025

Westfield Insurance Company 1 shows how even well-intentioned policyholders can lose a flood insurance claim before their lawsuit ever begins. A recent court decision in Sublett v. This case is not just about a technical legal loss.

Insurance Claim 186

Insurance Claim Claim Policyholder Property Insurance 186

Property Insurance Coverage Law

MAY 13, 2025

The Senate Subcommittee on Disaster Management will hold a hearing this afternoon titled Examining the Insurance Industrys Claims Practices Following Recent Natural Disasters. Among those testifying is Mike Fiato, Executive Vice President and Chief Claims Officer at Allstate.

Insurance Claim 223

Insurance Claim Claim Property Insurance Insurance Industry 223

Property Insurance Coverage Law

FEBRUARY 20, 2025

A new bill filed in the Florida Senate by Don Gaetz is making waves by proposing that insurance companies disclose the financial relationships of their executives and related entities. It also demands transparency … The post Why Shouldn’t Insurance Executives Disclose Their Pay?

Compensation 184

Compensation Property Insurance Insured Insurance 184

Property Insurance Coverage Law

MAY 2, 2025

Millions Have No Idea Theyre at Risk,shed … The post Underinsured and Unprotected: Are California Insurance Agents to Blame? appeared first on Property Insurance Coverage Law Blog. A recent in-depth investigative report by theSan Francisco Chronicle,A Broken System is Keeping California Homes Underinsured.

Insurance Agents 200

Insurance Agents Insurance Agent Agents Property Insurance 200

Insurance Journal

FEBRUARY 23, 2025

As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new scrutiny on insurance carriers’ claims-handling and other practices. Florida Insurance Commissioner Michael Yaworsky late last week posted a memo, demanding …

Insurance Carrier 290

Insurance Carrier Insured Insurance Insurer 290

Property Insurance Coverage Law

MARCH 15, 2025

Floridas homeowners have been paying ever-increasing insurance premiums, but where has all that money been going? A secret state report, which regulators conveniently left unfinished and never shared with lawmakers, might have held the answer.

Premium 189

Premium Property Insurance Insured Insurance 189

Insurance Journal

JANUARY 23, 2025

Moody’s Ratings said in a report on Thursday that it expects the Los Angeles wildfires to increase property insurance costs across California. According to Moody’s, the state’s already noticeable insurance pricing and availability challenges are likely to intensify, with negative …

Property Insurance 264

Property Insurance Insured Insurance Insurer 264

Property Insurance Coverage Law

APRIL 5, 2025

A recent public records request byTampa Bay Timesreporter Lawrence Mower has uncovered a revealing memo from Floridas Office of Insurance Regulation (OIR) that could mark a major turning point in how the state handles insurance regulation.

Property Insurance 177

Property Insurance Insured Insurance Insurer 177

Insurance Journal

FEBRUARY 9, 2025

Just as many Florida property insurers had hoped to see a boost to the private market with a maximum rate increase for Citizens Property Insurance Corp., state regulators have slashed the rate hike by more than half. After an unusually …

Property Insurance 250

Property Insurance Insured Insurance Insurer 250

Property Insurance Coverage Law

FEBRUARY 22, 2025

How do insurance claims work when your home has already been damaged once? A recent Florida Office of Insurance Regulation (OIR) Bulletin clarifies how insurers must handle claims for multiple hurricanes. But what happens when two hurricanes strike in the same season?

Policyholder 167

Policyholder Insurance Claim Property Insurance Damage 167

Property Insurance Coverage Law

MARCH 18, 2025

Seeing firsthand the devastating aftermath and hearing the deeply emotional stories from these homeowners is heartbreakingbut whats even worse is witnessing how some insurance companies continue to compound their customers’ trauma … The post Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?

Policyholder 193

Policyholder Risk Property Insurance Insurance Companies 193

Property Insurance Coverage Law

FEBRUARY 24, 2025

1 Insuring property for unmarried couples is not so easy in many states. A recent Michigan case found that the unmarried woman did not qualify as an insured under a … The post Insuring Unmarried CouplesIs There Coverage? appeared first on Property Insurance Coverage Law Blog.

Insured 187

Insured Insurance Insurer Property Insurance 187

Property Insurance Coverage Law

MARCH 4, 2025

How many days do you have to move into a new home after purchase to keep your insurance coverage valid? AmGuard took the position that the new homeowner had no coverage because she was not living at the premises when she purchased the policy … The post When Does Property Insurance Coverage Start?

Property Insurance 100

Property Insurance Insured Insurance Insurer 100

Property Insurance Coverage Law

MAY 7, 2025

I will deliver a presentation at the Annual Meeting of the National Association of Public Insurance Adjusters (NAPIA) next month, focusing on two cornerstones of property insurance claims: proofs of loss and examinations under oath. Its a topic I first addressed for NAPIA exactly forty years ago.

Property Insurance 178

Property Insurance Insurance Claim Insured Insurance 178

Property Insurance Coverage Law

APRIL 24, 2025

The recent filing of two sweeping antitrust lawsuits in California against a long list of most of the admitted California insurance companies has generated immediate attention within the insurance industry.

Insurance Industry 164

Insurance Industry Property Insurance Insured Insurance 164

Property Insurance Coverage Law

JANUARY 30, 2025

A recent federal court decision favoring Liberty Mutual Insurance Company in a pipe burst claim1 left me thinking about two lessons. First, this case strongly reminds policyholders to be aware of time limits in their insurance policies and take action as soon as they believe their claim is not being handled fairly.

Claim 205

Claim Policyholder Property Insurance Insurance Policy 205

Property Insurance Coverage Law

APRIL 21, 2025

A recent conversation on LinkedIn has sparked serious questions about the objectivity of engineering reports used by insurance companies. The statement … The post What If Every Insurance Company Engineer Report Suggests a Denied Claim? Were About to Find Out appeared first on Property Insurance Coverage Law Blog.

Insurance Companies 203

Insurance Companies Claim Property Insurance Insured 203

Property Insurance Coverage Law

FEBRUARY 10, 2025

Thats the reality policyholders face when insurance companies delay or wrongfully deny claims, only to make a late payment after an appraisal and walk away without any real accountability. Last weeks decision in Mirelez v.

Policyholder 200

Policyholder Property Insurance Insurance Companies Insured 200

Property Insurance Coverage Law

APRIL 28, 2025

When a devastating fire damages a building and a municipality orders it razed, the instinctive reaction of many policyholders is to expect that their insurance will cover the total loss.

Policyholder 178

Policyholder Property Insurance Damage Insurance Policy 178

Property Insurance Coverage Law

MAY 21, 2025

Boggs continues to distinguish himself as one of the most candid, insightful, and impactful educators in the insurance industry. It is a wake-up … The post Why Most Insurance Agencies Fail Policyholders: Christopher Boggs Exposes the Half-Donkeyed Truth appeared first on Property Insurance Coverage Law Blog.

Policyholder 186

Policyholder Insurance Agency Property Insurance Insurance Industry 186

Property Insurance Coverage Law

FEBRUARY 10, 2025

Thats the reality policyholders face when insurance companies delay or wrongfully deny claims, only to make a late payment after an appraisal and walk away without any real accountability. Last weeks decision in Mirelez v.

Policyholder 186

Policyholder Property Insurance Insurance Companies Insured 186

Insurance Journal

APRIL 7, 2025

Florida’s insurance commissioner on Monday announced another entry into the warming waters of the Florida property-casualty market the 12th new insurer in the last two years. Apex Star Reciprocal Exchange is part of Starlight Insurance Group, based in New …

Property Insurance 295

Property Insurance Insured Insurance Insurer 295

Property Insurance Coverage Law

APRIL 30, 2025

The article … The post Understanding the Total Constructive Loss Doctrine in Property Insurance Policies appeared first on Property Insurance Coverage Law Blog.

Property Insurance 100

Property Insurance Insurance Policy Policy Insured 100

Insurance Journal

MARCH 19, 2025

Concerns about Florida-based insurance carriers masking profits with the help of affiliated companies has spilled across the border into Georgia, with one state senator calling for an investigation. Nabilah Islam Parkes, D-Duluth, this week sent a letter to Georgia …

Insurance Carrier 263

Insurance Carrier Insured Insurance Insurer 263

Property Insurance Coverage Law

APRIL 27, 2025

Travelers Casualty Insurance Company of America. 1 The property owner sued three and a half … The post Suit-Limitation Clauses in Property InsuranceFile Fast or Lose Everything appeared first on Property Insurance Coverage Law Blog.

Property Insurance 100

Property Insurance Casualty Insurance Policyholder Insured 100

Property Insurance Coverage Law

MAY 21, 2025

Boggs continues to distinguish himself as one of the most candid, insightful, and impactful educators in the insurance industry. It is a wake-up … The post Why Most Insurance Agencies Fail Policyholders: Christopher Boggs Exposes the Half-Donkeyed Truth appeared first on Property Insurance Coverage Law Blog.

Policyholder 172

Policyholder Insurance Agency Property Insurance Insurance Industry 172

Insurance Journal

APRIL 15, 2025

American Integrity Insurance, one of the largest property insurance carriers in Florida with more than 350,000 policies in force, is going to Wall Street with an initial public offering. The Tampa-based parent company, American Integrity Insurance Group, founded in 2006, …

Insurance Carrier 158

Insurance Carrier Property Insurance Insured Insurance 158