In Florida, homeowners are grappling with insurance rates that are nearly three times the national average, a situation that has prompted concerns at both the state and federal levels.
Tag: property market
P/C Insurers Facing Hardest Market in a Generation: APCIA
The APCIA and University of South Carolina Associate Professor Robert Hartwig examine the top inflation trends, natural disaster losses and financial impacts resulting in significant pressure for property insurers, reinsurers, and consumers.
AmWINS Report: Increasing Rates Creating Deeper, Broader Change in Property Market
Global specialty insurance provider AmWINS in a new report has stated that the firming seen in the property market towards the end of 2018 and into the first quarter of 2019 has accelerated. AmWINS says adverse loss development has been a catalyst in this acceleration. Two consecutive years with combined ratios exceeding 100% across the… Continue reading AmWINS Report: Increasing Rates Creating Deeper, Broader Change in Property Market