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The tropical system is forecast to reach the Lesser Antilles and Puerto Rico later this week.
Researchers determined that two out of five homeowners in the U.S. worry they will soon fall victim to a weather event.
The challenging insurance market means that companies should understand the factors affecting property and business rates.
Even coastal properties with appealing risk profiles still face rate increase increases between 15%-50%.
Insurance industry news from Coalition, NFP, BRP Group and more.
Anywhere it can rain, it can flood. But these burgs are especially at risk.
AIG is curbing home insurance sales in around 200 ZIP codes across the U.S.
These were the ten most damaging hurricanes to hit the U.S. based on the 2023 Consumer Price Index adjusted cost, according to the NOAA.
State Farm is expected to maintain its leading market share in California even without writing new business, according to Fitch Ratings.
A report from CoreLogic shows more than 32 million U.S. residences are at risk of damage from hurricane-force winds.