Citizens explains its private market non-competitiveness
Florida’s Hurricane Catastrophe Fund is poised to borrow lots more money when the next big storm hits, Citizens Property Insurance is moving closer to non-competitiveness with the private market and actuarial soundness, and the …
Everyone has felt the strain on homeowner’s insurance, something that has been steadily mounting nationally since the COVID-19 pandemic. A recent report from the Insurance Information Institute (Triple-I) looked for trends and dynamics and found that persistent inflation lingering from …
Climate change vs. inflation
Members of the U.S. Senate Budget Committee last week debated the root cause of the property insurance crisis affecting homeowners nationwide, with a wide range of culprits depending on who you ask. The Democrats were quick …