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Early estimates point to $5-$10 billion total insured losses, with majority borne by reinsurers, according to Morgan Stanley.
The damage and total losses caused by hurricane winds can cripple a business.
Data and analytics help insurers assess the value of flood-damaged vehicles after Florence.
Rescuers are struggling to extricate people buried under buildings that collapsed due to soil liquefaction.
Kelley Blue Book estimates that 20,000 to 40,000 vehicles will be total losses.
The storm is expected to make landfall Thursday evening or early Friday morning.
The key to minimizing flood damage is adequate preparation before the event.
Allianz Global Corporate & Specialty issues new report, Safety & Shipping Review 2018, highlighting trends and developments in the shipping industry.
Predictions are in for the 2018 hurricane season. Here's what you need to know to protect your property.
Sunday's massive flash flood left one dead and for the second time in two years, devastated the downtown of Ellicott City, Md.