After a week of meetings in anticipation for the June 1 reinsurance renewals, JMP Securities analysts say they are anticipating an orderly renewal that will see less significant rate increases than reinsurers had hoped for, due to reduced demand and excess supply. Analysts describe the potential rate movements as modest, with differentiation between the strongest… Continue reading June 1 Rate Increases Likely to Fall Below Expectation: JMP
Tag: Florida insurance market
Insurers Dropping Homeowners Left and Right in Florida
You’ve paid your homeowner’s insurance for years and taken nothing in return. Unlike your neighbor down the street, you didn’t let a shady roofing company file a claim for damage from a long ago storm and get you a free roof. That’s not the klnd of person you are. But recently you might have opened… Continue reading Insurers Dropping Homeowners Left and Right in Florida