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Category: Insurance News

Insured losses from Hurricane Irma in Florida at nearly $2 billion

In the Tampa Bay area, Polk County had the highest number of claims, with more than 10,001, a map from insurance regulators indicated. Insurance regulators declined to provide specific numbers for each county. Hillsborough and Pinellas counties had between 5,001 and 10,000 claims each; Pasco, Manatee and Sarasota counties had between 2,501 and 5,000 claims each, and Hernando County had between 1,001 and 2,500 claims,...

HCI to Expand Flood Insurance Sales to Nine States

HCI to Expand Flood Insurance Sales to Nine States As Congress tries to figure out how to change the federal flood insurance program to encourage more private insurer involvement, one insurer isn’t waiting to wade deeper into the private flood insurance business. Florida-based HCI Group is looking to take its Florida flood insurance experience and proprietary insurance technology to nine additional states. HCI Group said...