Insurance moves: Highstreet, BHSI, NFP, and DUAL

The NFIP, once the only option for homeowners and businesses, has long been criticized for its low coverage limits and lack of flexibility. With rising flood risks due to climate change and evolving property needs, consumers have sought alternatives that address losses beyond structural damage – like business interruption and building upgrades. Source link

Stock market palpitations ignored as IPO launched to raise over $300m Source link

In a decision issued on March 14, 2025, the Arizona Court of Appeals reversed a lower court’s ruling in favor of Date Street Capital, LLC, a lienholder and loss payee on the policy. The court held that Date Street, while entitled to receive insurance proceeds as specified in the policy, has no contractual right to…

The endorsement offers affirmative coverage in cases where consumer protection laws are used to challenge First Amendment protections. The endorsement is available to media companies seeking additional protection against legal actions tied to consumer protection statutes, which are intended to address false, deceptive, or unfair business practices. Source link

As fears of deportation ripple through the construction sector, insurance professionals warn that uncertainty is already shifting coverage terms Source link

The insurer, part of Berkshire Hathaway Insurance Group, currently employs nearly 3,800 workers across Florida, primarily in Jacksonville and Lakeland. Geico said the expansion is part of its ongoing commitment to modernize operations and grow its business. Source link