US P&C carriers to seek further rate increases – report
Move comes amid losses from severe convective storms
Source: insurancebusinessmag.com
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Why a 3,000 mile-long jet stream on Jupiter surprised NASA scientists
JWST captured a never-before-seen jet stream with winds twice as strong as a Category 5 hurricane.
Source: yahoo.com
Florida home insurance costs unlikely to fall despite reforms to reduce lawsuits, analyst says
Home insurance costs in Florida are unlikely to fall even as reforms enacted by the state Legislature last year drive down litigation rates, a national insurance analyst predicted in a newly released report. The report by Karen Clark & Company, titled “Managing Expectations: Why Florida Homeowners Insurance Premiums Are Not Likely to Go Down,” says rising inflation rates, reinsurance costs and ...
Source: yahoo.com
Despite reforms to reduce lawsuits, Florida home insurance costs unlikely to fall, analyst says
Home insurance costs in Florida are unlikely to fall even as reforms enacted by the state Legislature last year drive down litigation rates, a national insurance analyst predicted in a newly released report. The report by Karen Clark & Company, titled “Managing Expectations: Why Florida Homeowners Insurance Premiums Are Not Likely to Go Down,” says rising inflation rates, reinsurance costs and ...
Source: yahoo.com