Homeowners' insurance
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The suit alleges a “deliberate scheme” to deny smoke damage claims. -
The counties make up for the majority of the state’s high net worth market, sources said.
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The package comprises a $100mn cat bond and a $70mn sidecar.
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The 12 insurers together have $418mn in policyholder surplus.
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Colorado State University is predicting 17 named storms, nine hurricanes and four major hurricanes.
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Universal submitted allegedly ineligible claims to the Florida fund.
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The bill being considered would effectively eliminate personal injury protection.
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The insurer has lined up Piper Sandler and KBW to run the process.
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ShoreOne is offering an all-in-one policy that includes flood protection.
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Commissioner Lara also proposed a $500mn cash infusion from parent State Farm.
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The Democratic senator said increased federal oversight of insurance is not the answer.
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The MGA recently secured capacity to write HNW homes in California.
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