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In 2023, cat bond issuance reached an all-time high of $16.4 billion, according to Artemis.
Rising insurance costs have created a burden for everyone in the CRE value chain, but some existing tools can help.
Extremely cold temperatures are affecting unprotected pipes across the U.S., causing thousands of dollars in damage.
Severe hail and thunderstorms, hurricanes and wildfires all caused widespread destruction and loss during 2023.
Insurance organizations are urged to 'offer innovative products that meet clients' changing needs.'
Weather-related risks challenged wineries throughout 2023. Will 2024 hold more of the same?
When a water leak causes the house to shift, exactly what is covered under the land stabilization endorsement?
According to CRESTA, the largest international loss event was a sequence of earthquakes that hit Turkey in February.
Is it still 'surface water' if it never reaches the ground level, or the 'earth's natural surface'?
A shift to non-traditional solutions: Parametric insurance provides an increasingly compelling alternative.