Martinez, who owns property in California and sits on a HOA board, noted a tangible shift in consumer awareness. “There’s way more engagement and attendance of landlords now as a byproduct of the surging insurance cost,” he said. “Whereas before, people didn’t even pay much attention to their insurance, now you have to, or else you can’t even get coverage.
Hub International also purchased the assets of Yavitz Insurance Group, a privately owned insurance agency based in St. Louis, Missouri. It also acquired Mayfield Insurance, an independent insurance agency that offers commercial and personal insurance, including life, home, auto and property insurance. Source link
Eric Lemieur, head of insurance sales and distribution at Porch Group, said the number of agencies appointed at the Reciprocal is growing rapidly. He said the new partnerships reflect a shared approach to insurance and customer reach, which aligns with Porch’s broader aim to simplify the homeownership process. Source link
Tariffs and inflation have long been pressing concerns for the construction industry, but in recent years, their impact on builder’s risk insurance has become even more pronounced. As material costs fluctuate and supply chain issues persist, contractors and insurers alike are reconsidering approaches to risk mitigation, pricing, and project planning. Source link
