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The move comes just nine months after State Farm announced plans to stop issuing new coverage in the most populous US state.
March 26 -
This will be the first spring outlook since 2021 where there are no communities at risk of significant flooding, according to climate forecasters.
March 26 -
Strong data and resilience are key to scaling the renewable energy sources needed to combat climate change.
March 25kWh Analytics -
The jury is still out on whether the California insurance regulator's plan to let insurers use catastrophe modeling for rates will make wildfire loss coverage more widely available.
March 25 -
In partnership with the United Nations Capital Development Fund (UNCDF), Lloyd's will run parametric insurance training workshops in Papua New Guinea and Fiji.
March 25 -
The right data and tech means that insurance providers have more time and resources to focus on their customers.
March 22CoreLogic -
Homeowners insurance rates in Florida have always been above the national average, but in recent years they have risen to unprecedented levels.
March 7Capco -
Extreme weather could aggravate growing property insurance pressures on governments.
February 28 -
The volume of active for-sale condo listings in the Sunshine State increased by 40% last month compared to a year earlier, Redfin said.
February 26 -
The strategy in question is tied to insurance-linked securities, which are dominated by catastrophe bonds (often dubbed cat bonds).
February 26