insurance

Miami skyline (Credit: iStock)

SoFla real estate deals on hold: Insurers delay closings ahead of Hurricane Dorian

Hurricane Dorian is putting real estate deals in a holding pattern as it approaches South Florida. Insurance companies hold...

SoFla real estate deals on hold: Insurers delay closings ahead of Hurricane Dorian
Hurricane Irma storm damage in Florida (Credit: iStock)

Citizens Property Insurance pulls back on rate hikes

In some rare good news for South Florida homeowners, the state’s property insurer said it will scale back on...

Citizens Property Insurance pulls back on rate hikes
Lemonade CEO Daniel Schreiber and Frankfurt, Germany (Credit: iStock)

Tech-driven insurer Lemonade set to expand into Europe

A company that started selling renters’ insurance in New York, then expanded nationwide, is set to start operating outside...

Tech-driven insurer Lemonade set to expand into Europe
Hurricane damage in Florida (Credit: iStock)

“No one should be lending for 30 years in most of Florida,” financial climate analyst warns

Real estate lenders and investors are ignoring the rising threat that climate change poses in Florida, which could spell disaster for the state’s economy,...

“No one should be lending for 30 years in most of Florida,” financial climate analyst warns
Insurance premiums could rise as more extreme storms hit coastal markets

Insurance premiums could rise as more extreme storms hit coastal markets

It’s no secret that coastal homes are becoming more vulnerable to extreme weather and other effects of climate change....

Insurance premiums could rise as more extreme storms hit coastal markets
Rental insurance startup Jetty raises $25M in Series B

Rental insurance startup Jetty raises $25M in Series B

The rental insurance startup Jetty has raised $25 million in a Series B funding round led by Khosla Ventures’...

Rental insurance startup Jetty raises $25M in Series B
Reinsurers want rates raised after natural disasters tally billions in real estate damage

Reinsurers want rates raised after natural disasters tally billions in real estate damage

Miami has been hit with hurricanes and Los Angeles has endured devastating wildfires. Those are just two cities that...

Reinsurers want rates raised after natural disasters tally billions in real estate damage
Scott requests to freeze property insurance rates following Hurricane Michael

Scott requests to freeze property insurance rates following Hurricane Michael

Florida Gov. Rick Scott is seeking to keep insurance property rates steady in the wake of the damages caused...

Scott requests to freeze property insurance rates following Hurricane Michael
As more property insurers turn to AI and drones, flaws emerge

As more property insurers turn to AI and drones, flaws emerge

As South Florida braces for hurricane season and as wildfires devastate California, property insurers are increasingly using aerial technology...

As more property insurers turn to AI and drones, flaws emerge
Palm Beach condo loses hurricane insurance fight

Palm Beach condo loses hurricane insurance fight

A Palm Beach County condominium association lost a court battle over a $5 million insurance payout for hurricane damage. Boca...

Palm Beach condo loses hurricane insurance fight
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