9+ hour, 48+ min ago   (137+ words) Reinsurance Program Could Wipe Out Need for Calif. FAIR Plan: Legal Exec'Carrier Management Reinsurance Program Could Wipe Out Need for Calif. FAIR Plan: Legal Exec Merritt Farren, a former high-ranking legal executive at Disneyand Amazon, has launched a bid to…...

6+ day, 1+ hour ago   (368+ words) For years, the commercial insurance industry has operated under a compromise. We accepted that the more "precise" an underwriting decision needed to be, the longer it would take to make. High-fidelity risk assessment required manual intervention'underwriters scouring satellite imagery, cross-referencing…...

2+ week, 6+ hour ago   (565+ words) A new survey found three overarching themes that affect the purchase of flood insurance centered on awareness, action and coverage misconceptions, according to Chubb's Flood Risk and Resilience report. The survey of more than 1,500 high-net-worth homeowners, commercial businesses, agents and…...

2+ week, 1+ day ago   (410+ words) A major winter storm that hit the United States in recent days is expected to cause billions of dollars in insured losses, analysts at brokerage UBS said in a note. The heavy storm has left much of the central and…...

2+ week, 2+ day ago   (881+ words) Jen Egan is still dealing with the aftermath of the Palisades Fire that damaged the home of her 83-year-old father, Paul, last January. That has meant more than a year of going back and forth with State Farm, which has…...

2+ week, 2+ day ago   (630+ words) Kin, a direct-to-consumer digital personal lines insurer, announced the launch of auto insurance in Florida and Texas. The auto insurance is currently available only as part of a bundle, not as a standalone product. Home insurance customers who choose to…...

3+ week, 19+ hour ago   (583+ words) A year after the Los Angeles wildfires, many survivors face the same problem: Their insurance policies aren't paying out enough to cover the cost of rebuilding. It's a tragic predicament. And it will happen again when the next disaster hits....

1+ mon, 3+ day ago   (1238+ words) On the first anniversary of the most destructive wildfires in the L.A. area, the scant home construction projects stand out among the still mostly flattened landscapes. Fewer than a dozen homes have been rebuilt in Los Angeles County since the Jan....

1+ mon, 5+ day ago   (374+ words) Though nearly half of U.S. homeowners are considering a move, this year is expected to bring greater market stability, according to an inaugural report on homeownership trends by Kin. The direct-to-consumer digital home insurance provider found that climate-related concerns and insurance…...