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The Florida insurance regulator has approved endorsement forms from at least eight property insurers.
The My Safe Florida Home program includes matching grants up to $10,000 to help pay for such things as reinforcing roof-to-wall connections, upgrading roof coverings and upgrading doors and windows, according to the program's website.
Insurance industry news from NEXT Insurance, NFP, Coalition and more.
A true omnichannel experience drives customer engagement.
Collectively, the four small insurers currently hold around 43,400 home policies in the state.
Modern organizations need a strategy for navigating skyrocketing premiums and protracted underwriting periods.
By embracing AI technologies, insurers have the power to offer faster, more proficient and accurate processes.
Insurers under a new plan have agreed to write at least 85% of their California market share in high-risk zones.
As it stands, the insurtech has roughly 170,000 home insurance policies in the state.
Professional lines are feeling the impact of social inflation, making it an increasingly difficult segment for insurers.
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