Property

United Risk bets on rental reform with launch of Thriver

United Risk bets on rental reform with launch of Thriver

New platform targets renters and landlords

Camille Joyce Lisay Jul 15, 2025
JB Pritzker challenges State Farm's homeowners rate hike in Illinois

JB Pritzker challenges State Farm's homeowners rate hike in Illinois

He says the increase lacks in-state justification, but the insurer points to rising storm losses

LA wildfires deliver worst Q1 loss ratio for homeowners in 15 years

LA wildfires deliver worst Q1 loss ratio for homeowners in 15 years

Billions in damages are reshaping carrier appetite and risk exposure

State Farm raises Illinois homeowners' insurance rates

State Farm raises Illinois homeowners' insurance rates

The increase takes effect in mid-July and will impact about 1.49 million policyholders

Montana reviews insurance coverage practices amid wildfire risk complaints

Montana reviews insurance coverage practices amid wildfire risk complaints

There have been complaints of insurers declining to write or renew policies

Hawaii expands state insurance powers to rescue condo market

Hawaii expands state insurance powers to rescue condo market

With hurricane and property coverage drying up, Hawaii gives its state-backed insurance funds authority to step in

Florida’s insurance market expands as two new carriers secure approval

Florida’s insurance market expands as two new carriers secure approval

They join 14 other entrants since 2022, part of efforts to depopulate Citizens

Florida court reverses Citizens' dismissal win in property AOB dispute

Florida court reverses Citizens' dismissal win in property AOB dispute

A Florida appellate court reversed a trial court's dismissal in a property assignment of benefits dispute, impacting insurers and mitigation contractors alike

A look back at P&C in 2024 and its return to profitability

A look back at P&C in 2024 and its return to profitability

After years of losses, auto and homeowners lines finally showed recovery

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