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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 . ....

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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 . ....

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Home insurers aiming for 'climate risk' rating system to deal with extreme weather events - National

Homeowners in Canada may be forced to 'absorb' more of the cost of flooding and other catastrophic climate-fueled extreme weather events. ....

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Home insurers aiming for 'climate risk' rating system to deal with extreme weather events

Homeowners in Canada may be forced to ‘absorb’ more of the cost of flooding and other catastrophic climate-fueled extreme weather events. ....

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Severe storms lead to unprecedented $34 billion in US insured losses so far this year, Swiss Re says

Waves of severe thunderstorms in the U.S. during the first half of this year led to $34 billion in insured losses, an unprecedented level of financial damage in such a short time, according to Swiss Re Group, as climate change contributes to the frequency and severity of violent meteorological events. Damages from convective storms in the U.S., those that can come with hail, lightning, heavy rain and high winds, accounted for nearly 70% of the $50 billion in global catastrophic damages so far th ....

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