You searched for homeowners - Reinsurance News

Hamilton Project proposes federal reinsurer ‘US Re’ to stabilise homeowners market

18th March 2026

The Hamilton Project, an economic policy initiative within the Brookings Institution that aims to advance America's economic opportunity, prosperity, and growth, has proposed a federal reinsurance entity, US Re, that would sell reinsurance contracts to providers of U.S. homeowners insurance and reinsurance to cover the most extreme weather events. The new ... Read the full article

Florida homeowners to benefit from significant insurance premium reduction: Governor DeSantis

13th January 2026

Governor Ron DeSantis, the 46ᵀᴴ Governor of Florida, has announced statewide insurance rate relief for homeowners, with Citizens Property Insurance policyholders expected to see premium reductions beginning in Spring 2026 at policy renewal. The Executive Office of the Governor is responsible for overseeing state policy, administration, and public communications on behalf ... Read the full article

Triple-I reports early signs of stabilisation in US homeowners insurance market

29th December 2025

According to the Insurance Information Institute (Triple-I), a US-based insurance industry research and education organisation, rising premiums and tighter coverage options continue to challenge household budgets across the country. At the same time, Triple-I reports that the homeowners insurance market is beginning to show early signs of stabilisation, even as affordability ... Read the full article

AM Best revises outlook for US homeowners insurance to stable

1st December 2025

Credit rating agency AM Best has revised the outlook for the US homeowners insurance segment to stable from negative, citing moderating premium growth and enhanced catastrophe risk management practices amid improved property reinsurance market dynamics. According to the Best’s Market Segment Report, the market has remained resilient despite elevated catastrophe losses ... Read the full article

Farmers Insurance eliminates cap on homeowners policies offered in California

24th November 2025

Farmers Insurance, the largest property casualty insurer headquartered in California, has decided to eliminate the cap on the number of homeowners insurance policies it offers in the state, including Farmers Smart Plan Home, Farmers Smart Plan Condominium, and Farmers Smart Plan Renters policies, effective immediately. This move is motivated by the ... Read the full article

ShoreOne expands residential homeowners policy with flood coverage to Rhode Island

14th November 2025

ShoreOne Insurance Managers, Inc., a provider of specialised insurance solutions for homeowners and agencies, has launched its residential homeowners policy in Rhode Island, now including comprehensive flood insurance coverage. The policy combines home and flood protection under a single plan, offering one deductible and a unified claims process. This product, already available ... Read the full article

US government shutdown stalls flood insurance renewals, leaving homeowners at risk: AM Best

14th October 2025

According to a new report from the credit rating agency AM Best, the ongoing US government shutdown has halted the ability of a key federal agency to renew existing flood insurance policies or issue new ones under the National Flood Insurance Program (NFIP), potentially affecting millions of homeowners as the ... Read the full article

Bamboo Insurance and Accredited partner to expand homeowners coverage in California

23rd September 2025

Bamboo Insurance, a homeowners insurance provider with a technology-driven model, has announced a partnership with Accredited, a specialty insurer. The collaboration introduces Bamboo’s new E&S Signature product, designed to broaden coverage options for homeowners in California. As several insurers scale back operations in the state, Bamboo is maintaining its presence and expanding ... Read the full article

Orion180 and Neural Earth partner to advance homeowners insurance risk assessment

15th August 2025

Orion180, a provider of insurance solutions, and Neural Earth Inc., a company specialising in AI-based geospatial risk analytics, have announced a partnership aimed at improving how homeowners insurance risks are assessed, priced, and managed. As part of the agreement, Orion180 will integrate Neural Earth’s Risk Intelligence Platform and Neural Earth Studio ... Read the full article

US homeowners insurance market faces setback in early 2025 amid catastrophic events: AM Best

8th August 2025

According to a newly released analysis by AM Best, a credit rating agency and data provider specialising in the insurance industry, the US homeowners insurance segment experienced significant financial pressure in the first quarter of 2025. Following a year of marked improvement in 2024, the segment encountered its most challenging first ... Read the full article

Lemonade introduces standalone buildings insurance for UK homeowners

5th August 2025

Lemonade, a digital insurance provider using AI and operating with a focus on social impact, has introduced a buildings-only Homeowners insurance product in the UK. This launch adds to the company’s existing UK offerings and reflects its gradual expansion in the local insurance market. Lemonade entered the UK in October 2022 and ... Read the full article

Allstate secures new aggregate reinsurance for US homeowners at mid-year

1st August 2025

Reflecting growing demand for aggregate risk coverage in the reinsurance market, US primary insurer Allstate has secured a new aggregate reinsurance arrangement for its US homeowners book at the mid-year renewals. The new protection includes coverage for events exceeding $1 million and provides $325 million of placed aggregate limit within a ... Read the full article

Mercury prepares homeowners insurance rate filing using Verisk Wildfire Model

29th July 2025

Mercury Insurance, a provider of property and casualty insurance, is preparing a homeowners insurance rate filing using the California Department of Insurance’s (CDI) recently approved Verisk Wildfire Model. Last week, the CDI completed its review of the Verisk Wildfire Model for use by insurers in assessing wildfire risk and property ... Read the full article

Bamboo Insurance and Incline P&C Group collaborate on homeowners insurance in California

7th April 2025

Bamboo Insurance, a California-based insurance provider specialising in homeowners coverage, has partnered with Incline P&C Group, an insurance programme carrier, to expand insurance capacity in California. This collaboration combines Bamboo’s underwriting platform with Incline’s financial resources. Since its launch in 2018, Bamboo has focused on underwriting in California and will now begin ... Read the full article

Westfield enhances flood protection options for US homeowners

24th March 2025

In an effort to better protect US homeowners from increasing flood risks, Westfield, a property and casualty insurance company, is introducing a new inland flood coverage add-on. This new option is designed to help bridge the gap in flood insurance for homeowners living outside traditional high-risk flood zones, particularly in areas ... Read the full article

Your search for “homeowners”