Homeowners' insurance
-
American Integrity will take the largest chunk, out of six insurers total. -
The storm is projected to make landfall in the next 24 hours in the highly populated Tampa Bay region.
-
Moody’s also predicts losses to the NFIP at potentially more than $2bn.
-
The government flood insurance program now carries $21bn in debt.
-
October 17 has been set as the deadline for written comment.
-
The figure does not include NFIP losses.
-
The residual insurer’s pricing is far from rate adequacy, and it is undercutting the commercial market.
-
Sources expect loss amplification in claims from Georgia, the Carolinas and Tennessee.
-
Tallahassee avoided a major hit – but flood and storm-surge losses remain unknown.
-
Insurers are fighting to recoup claims they have paid out.
-
Idaho and Minnesota far outpaced other reporting states in premium growth, stamping office data shows.
-
State regulators have been monitoring climate risk for over a decade.
Related
-
Kin Series E valuation hits $2bn
September 08, 2025 -
QBE pulling out of California as part of US homeowners exit
September 05, 2025 -
Neptune files IPO prospectus, listing $119mn revenue for 2024
September 04, 2025 -
House committee votes to advance FEMA reform bill
September 03, 2025 -
Reductions in property rates expected to slow going into 2026: RPS
September 02, 2025