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The traditional methods of assessing hail risk are no longer sufficient.
The same risks that are making insurance more important are also making it harder to get.
The federal maps are static and only periodically updated by the Federal Emergency Management Agency.
The U.S. has experienced a record-high 25 disasters this year that have generated at least $1 billion in damages each.
Many policyholders would find even a short ALE extension meaningful, the state insurance commissioner said.
As an industry, insurers have to ask themselves some tough questions now in order to navigate the future they all face.
Here's what job seekers and those looking to get ahead in the P&C insurance business can expect in the new year.
Many insurance professionals are weathering today's unprecedented market hardening for the first time.
Verisk reports that insured losses from the storm that socked Europe in early November could reach $1.39 billion.
The My Safe Florida Home program includes matching grants up to $10,000 to help pay for such things as reinforcing roof-to-wall connections, upgrading roof coverings and upgrading doors and windows, according to the program's website.