Tag Archives: insurance risk

2024 Homeowners Insurance Outlook Receives Negative Rating

21 Nov
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The insurance news for 2024 is certainly not great. Experts expect that extreme weather and increasing costs will push up insurance costs and make insurance companies more selective when deciding where they will write policies.  Recently, credit rating agency AM Best downgraded the entire home insurance industry from stable to negative. According to Richard Attanasio, […]

Florida Residents May Accept Higher Insurance Costs or Reduced Coverage

09 Dec
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Roof top view of a waterfront home in Tampa, Florida. According to several speakers at the Florida Chamber’s annual insurance summit in Tampa, homeowners in Florida can look forward to paying even more for homeowners insurance over the next decade as rate increases, non-renewals and insurers pulling out of the market entirely continue to drive […]