Homeowners' insurance
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Insurers can offer features the beleaguered fund can’t, the MGA said.
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Smaller accounts remain less affected by an influx of MGAs.
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As the US recovers from a major flood event, the vast majority of Americans remain uninsured.
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The company adjusts its rate options to expand California business under the new cat model.
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At least 14 new companies have opened up shop in the state in recent years.
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As the IPO window opened, American Integrity, Slide, Ategrity and others followed Aspen.
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Insurers must write policies in high-risk areas in order to incorporate the model.
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Litigation seeks to block insurers from passing assessment costs to consumers.
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The Floridian has been approved to potentially assume 81,000 policies total.
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The class can collectively challenge State Farm’s property claims calculations.
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The losses were below May’s $777mn, but almost 3x higher than for June 2024.
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Category 4 and 5 storms could become more common and hit further north.