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News
Starwind targets luxury homes with private client underwriting platform
3+ hour, 55+ min ago (103+ words) Intelligent Insurer - Starwind targets luxury homes with private client underwriting platform Starwind Specialty has launched Starwind Private Client, a new underwriting platform focused on the insurance needs of high-net-worth individuals and families with complex property risks. To request a FREE…...
Florida got relief: nearly half of carriers cut reinsurance cost 15-25%
1+ week, 5+ day ago (109+ words) Intelligent Insurer - Florida got relief: nearly half of carriers cut reinsurance cost 15-25% The bulk of Florida’s homeowners insurance carriers took risk-adjusted price cuts of 15 - 25% in their latest renewals, the Florida insurance regulatory office has said. To request a FREE 2-week…...
Liberty Mutual, USAA expand California wildfire cover as reforms gain traction
3+ week, 11+ hour ago (116+ words) Intelligent Insurer - Liberty Mutual, USAA expand California wildfire cover as reforms gain traction Liberty Mutual has filed plans to expand homeowners insurance coverage in California’s wildfire-distressed areas, joining a growing number of insurers increasing capacity as the state’s Sustainable Insurance…...
Offering discounts for skyrocketing Florida homeowner insurance premiums hurts poorest
3+ week, 5+ day ago (100+ words) Intelligent Insurer - Offering discounts for skyrocketing Florida homeowner insurance premiums hurts poorest Discounting household insurance premiums in Florida to offset rising insurance costs, providing homeowners make their houses extreme weather-resilient, hurts the poorest. To request a FREE 2-week trial subscription,…...
Flood Re paves way for pilot and future resilience-linked insurance pricing
4+ week, 11+ hour ago (113+ words) Intelligent Insurer - Flood Re paves way for pilot and future resilience-linked insurance pricing Flood Re has moved a step closer to introducing Flood Performance Certificates (FPCs) after publishing research that establishes a standardised framework for collecting and documenting household flood…...
California clears key reform: FAIR Plan cost pass-through upheld
1+ mon, 1+ day ago (121+ words) Intelligent Insurer - California clears key reform: FAIR Plan cost pass-through upheld California defended a key portion of its 2024 insurance market reforms from a consumer rights challenge, securing a court ruling that member carriers of the residual wildfire insurer, The California…...
Surf’s up: Hiscox expands US flood offering for larger property risks
1+ mon, 4+ day ago (119+ words) Intelligent Insurer - Surf’s up: Hiscox expands US flood offering for larger property risks Hiscox has expanded its US flood insurance offering with the launch of a new underwriting solution designed to provide cover for larger commercial and residential property risks…...
Florida Citizens renewal sends a warning to property-cat reinsurers
1+ mon, 5+ day ago (123+ words) Intelligent Insurer - Florida Citizens renewal sends a warning to property-cat reinsurers The mid-year property cat reinsurance renewal of Florida residual wind insurer Citizens shows ILS in the pricing lead, putting the type of pressure on traditional treaty that can easily…...
Liberty and ICEYE partner for satellite-enabled parametric wildfire cover
1+ mon, 2+ week ago (102+ words) Intelligent Insurer - Liberty and ICEYE partner for satellite-enabled parametric wildfire cover Liberty has launched a building-level parametric wildfire insurance solution with ICEYE, using satellite-based damage assessments to accelerate claims payments following wildfire events. To request a FREE 2-week trial subscription,…...
California has a new risk: Insurance reforms face election wildcard
1+ mon, 2+ week ago (120+ words) Intelligent Insurer - California has a new risk: Insurance reforms face election wildcard Californians have opened the door to potentially up-end their insurance market or the latest set of enacted reforms, placing a progressive candidate with plans for public insurance programmes…...