Florida OIR approves transferring more Citizens policies to private insurers
Depopulation strategy continues as private carriers expand personal residential footprint
Depopulation strategy continues as private carriers expand personal residential footprint
Despite its limitations, parametric coverage appeals for its speed, objectivity, and flexibility. Payouts are faster, disputes are rare, and policies can be tailored to specific risks – whether it’s excessive rainfall, drought, or rising river levels. Source link
Jump to winners | Jump to methodology Virtual defenders Cybercriminals work around the clock, but so do America’s top cyber insurance companies – and their efforts haven’t gone unnoticed. In a landscape of relentless digital threats, Insurance Business America recognizes the nation’s leading cyber insurance providers. Thousands of brokers from across the country offered candid assessments…
Gordy Bunch (pictured), CEO of The Woodlands Financial Group (TWFG), told IB that a rise in catastrophic events including the 2025 California wildfires coupled with Hurricanes Milton, Helen, Beryl, multiple tornado derecho events, and increased frequency of severe convective storms, means that the Lone Star State will continue to see an expanded dependency on the…
Neo also engages directly with carriers, managing general agents, and affiliated agents to support product development and market deployment. Its operations include automation, data consolidation, and business integration, helping partner firms create tailored insurance offerings. Source link