Tag: homeowners

  • Florida’s TypTap Attracts $100M to Expand Nationally in Flood, Homeowners Insurance

    TypTap, a five-year old Florida-based author of personal market homeowners and flood insurance, has attracted $100 million in financing from investment firm Centerbridge Partners. The corporate plans to make use of the cash to expand nationally. TypTap said it has obtained regulatory approval to do business within the states of Recent Mexico, Utah, Nevada, South […]

  • Inflation Outpacing Premium Increases for Auto and Homeowners Lines

    US Insurers — already hammered by extraordinary losses brought on by natural disasters — are failing to lift premiums at a pace that matches the inflation rate, in line with the American Property Casualty Insurance Association. APCIA said private property/casualty insurers experienced an $11.3 billion underwriting loss within the third quarter of 2021. Incurred losses […]