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Mangrove, Florida’s Newest Home Insurer, Receives Demotech Rating

Insurance Journal

Brand new Florida home insurer Mangrove Property Insurance Co. a financial analysis firm that specializes in rating regional and specialty insurers. As previously reported by Insurance Journal, … has received a Financial Stability Rating (FSR) of “A, Exceptional” from Demotech, Inc.,

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With American Mobile Out, Florida’s Mobile Home Insurance Market Seems to Have ‘Fallen Apart’

Insurance Journal

By William Rabb Reinsurance in Florida’s long-stressed property insurance market was supposed to have stabilized this year – with only moderate rate increases and more availability. But those calmer waters apparently have not reached the mobile home market, and Florida …

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Are Home Insurance Consumers Being Duped?

Property Insurance Coverage Law

Note: This guest blog is by Frank Lombard, CPCU, ARM, an independent property/casualty insurance advisor. Not a day passes without reading something about double-digit increases in the cost of home insurance. While to some extent that may … The post Are Home Insurance Consumers Being Duped?

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What Is Recoverable Depreciation in Home Insurance?

Property Insurance Coverage Law

If you’ve suffered property loss or damage, knowing what your insurance covers is crucial. What … The post What Is Recoverable Depreciation in Home Insurance? appeared first on Property Insurance Coverage Law Blog.

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AXA CEO Says Prevention Needed to Keep Home Insurance Affordable

Insurance Journal

A leading insurance executive said the best way to keep price increases in check for property insurance in regions exposed to climate change is to mitigate the impact of natural disasters. Prevention needs to become “a mandatory part” of insurance

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Hippo, Orion180 Expand Homeowner Offerings in Southeast

Insurance Journal

Hippo, a publicly traded property insurance brokerage based in California, said it will expand its new homes insurance program in the disaster-prone states of Florida, Texas and California. By the end of this year, Hippo, owned by a number of …

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What Perils Are Covered by Commercial Property Insurance?

Property Insurance Centre

What Perils Are Covered by Commercial Property Insurance? Commercial property insurance is essential for businesses to protect their assets from unforeseen events. But what exactly does commercial property insurance cover?