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Incorrect roof age data is a significant concern for P&C insurers, costing $1.3 billion per year in premium leakage, according to CBIZ.
High winds from these storms reportedly cut power to more than 250,000 customers across the south on Wednesday.
One in five ultra-wealthy individuals plan to invest in real estate during 2024, according to Knight Frank.
The average cost of insuring a U.S. home last year was $1,905 — 50% higher than 2019.
Eight property and casualty insurers have recently been approved to enter the Florida market.
There is a 62% chance that a major hurricane will make landfall along the U.S. coastline.
In the first half of 2023, drivers in the United States struck and killed 3,373 pedestrians, according to data from the GHSA.
A worker fell and hit his head on scaffolding erected on a trailer attached to a covered vehicle.
The effects of climate change are putting some states that have historically had lower premiums in the line of fire for more frequent and severe weather events.
Unscrupulous towing operators have charged as much as $10,000 for a routine tow, the NICB reports.