Florida lawmakers took on the state’s broken property insurance market in two special sessions last year. Changes included disincentivizing claims litigation and $3 billion to bolster reinsurance. Now ...
California’s already strained property insurance market is facing a new challenge as two more insurers, Tokio Marine America Insurance Co. and Trans Pacific Insurance Co., plan to withdraw from the ...
SACRAMENTO, California — A pair of dueling property insurance reform initiatives will no longer go to the ballot after their supporters declared a truce. What happened: Consumer Watchdog said Tuesday ...
JACKSONVILLE, Fla. — Florida Democratic lawmakers are pointing to the withdrawal of Farmers Insurance from the state as evidence recent Republican-led reforms implemented to stabilize the market have ...