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Insurance technology news from Origami Risk, CNA, FCCI Insurance Group and more.
As it stands, the insurtech has roughly 170,000 home insurance policies in the state.
Heading into September, nearly 100 federal lawsuits were filed against property and casualty insurers, according to Law.com Radar.
Population growth and development in storm-prone areas dwarfs the benefits of enhanced building codes.
Citizens' president and CEO said that Citizens is now forecasting it will have about 1.3 million policies at the end of 2023, after earlier estimates of 1.5 million to 1.7 million policies.
Growing catastrophe losses combined with rate inadequacy are masking the true risks facing nearly 40 million properties.
The first round will award 500 grants to Citizens homeowner policyholders.
The U.S. home insurance premium is 35% higher today, on average, than it was two years ago, according to Policygenius.
Insurance industry news from ACORD, SIAA, Burns & Wilcox and more.
More than 8% of Louisianans were displaced by a natural disaster last year, compared to a nationwide average of 1.6%.