Of the 27 reciprocals formed in 2017-2024, 14 are in Florida, followed by four in Texas and two in Louisiana. From 2022 through 2024, the direct premium volume of these 27 reciprocals increased by 83% ...
A reciprocal insurance exchange empowers policyholders to take charge of their coverage. Much like mutual insurance companies, reciprocals are owned by the people they protect — the policyholders. But ...
NEW YORK--(BUSINESS WIRE)--KBRA releases research noting a resurgence in reciprocal formations over the last 24 months. In Florida alone, the Florida Office of Insurance Regulation approved four newly ...
The Canadian Association of Insurance Reciprocals has recently formed to serve as the collective voice of insurance reciprocals across Canada.The not-for-profit association’s mandate includes raising ...
OLDWICK, N.J., November 10, 2025--(BUSINESS WIRE)--A hardening of traditional insurance markets and market dislocations have led to the rise in newly established reciprocal insurance exchanges, ...
A hardening of traditional insurance markets and market dislocations have led to the rise in newly established reciprocal insurance exchanges, particularly in catastrophe-exposed homeowners’ insurance ...
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