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HNW Insurance Market Notes - October 2023
LEADERS OF THE PACK
 

Farmers Insurance Group of Cos. and United Services Automobile Association (USAA) have increased homeowners insurance rates by nearly 15% each to lead all other insurers….

FLO NO MO’
 

Progressive is expected to send non-renewal notices to up to 115,000 Florida home insurance policyholders….

 
UNNATURAL DISASTER AVOIDED... FOR NOW
 

A looming government shutdown would delay hundreds of real estate transactions each day and cause a shock to the industry because some home buyers will be unable to secure flood insurance…

 

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