florida-shutterstock_201410225

25 September 2023 Insurance

Florida-focused insurers deepen H1 loss as rivals head into black

Florida home-grown and locally-focused homeowner insurers suffered $456.1 million in net underwriting losses in the first half, up 52% year on year, even as the rest of the market managed a hearty improvement in earnings.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Florida claims homeowner rebuild on new entrants, Citizens take-outs

15 August 2023 A massive 280,000 Citizen’s take-outs in 2023 won’t stop a run-up to 1.7m policies.

Climate change litigation may bear down on D&O, but present few bills

27 September 2023 Insurers face fewer headline payouts, more threat of ‘death by a million cuts’.

Gallagher bolsters leadership to drive growth in Midlands & marine P&I

28 September 2023 The broker sees ‘strong opportunities’ in Midlands, and substantial growth in P&I practice.

More articles

Living up to promises made at recruitment: keeping talent in the insurance market

Aviation market heating up as insurer appetite soars, prices soften: Gallagher

Mapfre Re goes big in Chinese market

Sompo signals growth plans outside the London market

Howden Re snags Gallagher Re leader to expand global legacy, structured business

Schroders and Hannover Re launch blockchain ILS pilot

Beazley bolsters French market leadership with new role

PIB Group expands European presence with Polish broker buy