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U.S homeowners’ growth to fall short of overall economy: Aon

30th October 2018

The latest Homeowners’ RoE Outlook report from Aon’s Reinsurance Solutions business has forecast continued growth in U.S homeowners’ insurance premiums, but suggested that it may not be enough for the market to keep pace with the overall U.S economy. Aon found that U.S homeowners’ direct written premiums increased from $91 billion ... Read the full article

Favourable 2017 reinsurance market insulated homeowners insurers: A.M. Best

29th June 2018

Homeowners insurers were able to absorb 2017’s devastating catastrophe losses with relative ease due to the favourable reinsurance environment that has prevailed in recent years, according to A.M. Best. The rating agency found that the reported combined ratio for homeowners insurers in 2017 was 107.1, which was only marginally higher than ... Read the full article

Citizens defers increased rate package for Florida homeowners

19th June 2018

Citizens Property Insurance Corporation, the state-run not-for-profit insurer, has announced that its Board of Governors has voted to defer action on a proposed 2019 rate package that includes a statewide average increase of 7.9% for personal lines policyholders. The company says the proposed rate increases reflect the impact of escalating nonweather related ... Read the full article

U.S. homeowners insurance remains growth engine, says Aon

18th October 2017

U.S. homeowners insurance has remained a growth engine within the otherwise highly saturated U.S. re/insurance markets, with premiums expected to reach $93 billion in 2017, according to Aon’s Homeowner’s ROE Outlook report. This represents a $2 billion growth in premiums from 2016, and shows rate of market growth has been stable ... Read the full article

Allstate’s Harvey estimate suggests $4.5bn auto & homeowners loss: Credit Suisse

25th September 2017

Following insurer Allstate's announced estimated net $553 million hit from the impacts of hurricane Harvey, Credit Suisse analysts have suggested that the personal lines industry loss could reach $4.5 billion. The combined auto and homeowners' insurance industry loss from hurricane Harvey, based on Allstate's estimates, "implies" a personal lines loss ... Read the full article

National General enters into auto & homeowners quota shares with panel of reinsurers

13th July 2017

National General Holdings Corp. has entered into individual two-year quota share reinsurance arrangements with a number of reinsurers, including Hannover Re, Munich Re and Everest Re, covering its auto and homeowners business lines. The first two-year quota share reinsurance agreement concerns National General's auto business, the Auto Quota Share Agreement, and sees the ... Read the full article

Flood Re helps flood hit homeowners access more insurance options

4th July 2017

Flood Re, the UK's government-backed flood reinsurance scheme, said that it has provided reinsurance to back almost 130,000 insurance policies since its launch and assisted homeowners to get more quotes and options when looking to purchase insurance. At the end of its first full year of operations, Flood Re said that ... Read the full article

Loss costs to shrink homeowners’ margins, but reinsurance prices to stabilise rates

18th April 2017

Rising loss cost inflation among U.S. homeowners insurers is expected to result in shrinking margins for the group throughout 2017, but large rate increases may be fended off thanks to the stabilising effect of cheaper property reinsurance. Higher severity losses in the U.S. homeowner insurance market, excluding the impact of catastrophes, ... Read the full article

Triple-I urges caution amid ‘somewhat below average’ Atlantic hurricane season forecast

10th April 2026

While a “somewhat below average” hurricane season is forecasted for 2026 in the Atlantic Basin, the Insurance Information Institute (Triple-I) is advising insurers to remain cautious, as it only takes one major storm to shatter loss expectations in a high-inflation environment. 13 named storms, six hurricanes and two major hurricanes are ... Read the full article

Acrisure completes acquisition of MGA Vave from Canopius

1st April 2026

Acrisure, a global fintech leader, has completed its previously announced acquisition of specialty re/insurer Canopius Group's technology-driven property managing general agent (MGA), Vave. As per the terms of the deal, Vave now forms part of Acrisure Underwriting, a platform of 12 MGAs operating in the US insurance markets. The MGA will ... Read the full article

Climative introduces insurance platform to turn climate risk insight into practical action

30th March 2026

Climative, a property-level climate intelligence firm, has introduced a new insurance-focused platform aimed at helping insurers communicate climate risk to homeowners in a clearer and more practical way. The company, which specialises in translating complex environmental data into property-specific insights, says the platform is designed to support both insurers and homeowners ... Read the full article

Totalis Program Underwriters acquires specialist provider ShoreOne

26th March 2026

ShoreOne Insurance Managers, Inc., a provider of specialised insurance solutions for homeowners and agencies, has been acquired by Totalis Program Underwriters. The terms of the deal were not disclosed. According to the announcement, ShoreOne will continue to operate as an independent business unit within Totalis, with Cameron Rhodes succeeding Nick Steffey ... Read the full article

Low cat losses fuelled strong results for U.S. P&C insurers in 2025: Verisk & APCIA

25th March 2026

Verisk and the APCIA have reported that U.S. property and casualty (P&C) insurers posted some of their strongest underwriting results in years in 2025, although the performance was largely driven by unusually low catastrophe losses rather than any structural improvement in underlying risk. According to key financial indicators for private U.S. ... Read the full article

Hippo broadens reach with Progressive distribution agreement

20th March 2026

Hippo Holdings Inc., a US-based insurer specialising in homeowners cover and data-led underwriting, has entered into a distribution arrangement with Progressive Insurance, enabling Hippo's policies to be offered through Progressive’s existing sales infrastructure. Through an agreement with Progressive Advantage Agency, Inc., Hippo’s homeowners insurance products have been integrated into HomeQuote Explorer. These ... Read the full article

Mark Woods joins CopperPoint as Head of Product