Latest updates for Condominium Insurance Market
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Recent items include:
- U.S. E&S Insurance Market Report: Niche To Necessity For Homeowners
- Kin Expands Launches Condo and Flood Insurance Options in California
- Condominium Associations Confront Rising Costs, Insurance Pressures and New Lending Standards
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Kin Expands Launches Condo and Flood Insurance Options in California
Kin launched two new coverages for California homeowners — condo (HO6) insurance and a flood insurance add-on to Kin home insurance policies. The condo policies are designed to acc...
Condominium Associations Confront Rising Costs, Insurance Pressures and New Lending Standards
To keep federally backed financing available for their unit owners, condominium associations are attempting to adjust to the recent changes in the Fannie Mae and Freddie Mac underw...
Coliving rentals are outpacing the insurance market's ability to write them
Rent-by-the-room arrangements - multiple unrelated tenants, separate leases, shared kitchens and bathrooms - are a different risk profile that most admitted carriers decline to tou...
The $23B Inflection Point: How America’s Fire Insurance Market Rewrote the Rules
Direct premiums surged 73.9% in five years — reaching $23.2B in 2024 — as catastrophe losses, carrier retreats, and climate-driven repricing reshaped the market. With the national...
Understanding California's HOA Insurance Crisis: Why Insurance Premiums Keep Rising
For more than 60 years, Lordon Management has helped California community associations navigate changing markets, laws, natural disasters, and economic challenges. Today, one of th...
Florida homebuyers can breathe easier as insurance market rebounds
Nearly 20 insurers entered or reentered Florida after 2022 and 2023 reforms, easing quoting and closing challenges.
E&S growth exposes widening split in US homeowners market
E&S homeowners premiums rose 29.5% nationally last year and more than tripled in some inland states - for brokers managing personal lines clients, the question is no longer jus...
America's fire insurance market surged past $23 billion. Here's what's driving it
A new report traces five years of rapid growth in US fire insurance, showing how repricing, catastrophe losses and shifting carrier strategy have reshaped the market since 2019
Introducing Rent-by-the-Room Insurance—Property & Liability for Coliving Rentals
FOR IMMEDIATE RELEASE Established program manager, REInsurePro, expands insurance offering to increasingly popular rental strategy Kansas City, MO, September 1, 2026 – REInsurePro,...
Homeowners Insurance Market Reaches ‘Fragmented Phase,’ Says S&P GMI
New research from S&P Global Market Intelligence looks to suggest that homeowners insurers are reaching rate adequacy, but certain marketplace factors are creating what it call...
Florida's property market has shifted - what brokers need to know
Twenty new carriers, falling litigation, and moderating rates are reshaping where Florida property risks can be placed
TrueNorth Launches Property Program for Aging Community Associations and Apartments
TrueNorth Companies announced a new property program designed to help community associations and apartments owners, including affordable housing and student housing properties, sec...
Homeowners Insurance Market Reaches ‘Fragmented Phase,’ Says S&P GMI
By Chad Hemenway New research from S&P Global Market Intelligence looks to suggest that homeowners insurers are reaching rate adequacy, but certain marketplace factors are crea...
Wildfire risk now covers $1.4 trillion in western US property value, Cotality finds
A modeling factor called conflagration is extending meaningful risk into neighborhoods legacy maps once classified as safe - and state disclosure laws mean brokers need to understa...
How Brokers Help Multifamily Clients Get Ahead of Renter’s Insurance Risk
Upon move-in, a resident signed a lease requiring renter’s insurance. But after two years in the apartment, no one has verified the policy is still active. In fact, it lapsed three...
California is now America's largest fire insurance market. The reasons are complicated
Aggressive rate increases have pushed California to the top of the fire insurance market, even as major carriers pull back and regulators weigh new reforms to attract capacity
2,900 Required Condo Inspections Were Never Completed, Florida Report Finds
Four years after Florida lawmakers ordered condominium buildings to be inspected regularly in the wake of the deadly Surfside collapse, a state report shows that more than 8,700 bu...
Orion180 Launches Customizable Private Flood Insurance in California
Orion180 Insurance has rolled out a residential private flood insurance offering in California. The product provides up to $1 million in building coverage, waiting periods as short...
Orion180 Files for IPO, Eyeing Home and Flood Insurance Market
Orion180 Insurance Group Inc. filed for a US initial public offering, as the company looks to carve out a bigger share of the fast-growing specialty homeowners and flood insurance...
Some insurers are thriving in the fire insurance market. Others are pulling back
A new report examines which carriers are posting the strongest underwriting results in fire insurance, and which are scaling down as loss ratios shift across the industry
Hail drives E&S homeowners surge into inland states
Colorado, Texas and Minnesota are among the fastest-growing E&S homeowners markets, as admitted carriers pull back
Human services insurance market faces “toughest conditions in decades”
Capacity tightens as standard carriers reduce appetite and limits – here’s what retailers should know
Corgi hires broker veteran to lead community association push
91% of associations saw premiums rise
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