When people see others engaging in misconduct, they are more likely to engage in it themselves.

With the average premium around $6,000, some Floridians are foregoing homeowners insurance in favor of self-insurance with their investments.

Among the lawsuits is a civil RICO action over allegations that the insurer and 10 other carriers have operated as a 'cartel.'

Swiss Re is forecasting a much more favorable 2024 for the industry, predicting strong premium growth of 7% for the year.