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Only about 4% of US homeowners have flood insurance - despite billions in annual losses
As severe weather intensifies, insurers say US’s flood protection gap is becoming impossible to ignore
Nine in 10 homeowners worry about protecting their homes but lack insurance knowledge - The Hanover
Many homeowners do not know what their policies actually include
Sypher Insurance Exchange receives Florida Certificate of Authority ahead of homeowners market entry
Sypher Insurance Exchange, a Tampa-based reciprocal homeowners insurance exchange, has received its Certificate of Authority from the Florida Office of Insurance Regulation and expects to begin writing homeowners insurance policies statewide later this summer. Subhashish Dutta, Founder and CEO of Sypher, noted that the firm brings a “fundamentally different” approach to sustainable capacity in Florida. […] The post Sypher Insurance Exchange receives Florida Certificate of Authority ahead of homeowners market entry appeared first on ReinsuranceNe.ws.
Insurance costs climb for North Carolina homeowners
A rejected 42% proposal still leaves policyholders paying more