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This market is experiencing high capacity along with favorable rates, terms and conditions.
Reports from Karen Clark & Company delve into initial estimates of the damage caused by Hurricanes Hilary and Idalia.
Only 18% of Floridians have flood insurance, according to the Insurance Information Institute.
The E&S marketplace continues to present fantastic growth opportunities, but the winds of change are blowing.
According to Moody's, 44% of the state's homeowners business belongs to the top 10 Florida-only insurers.
Insurers, restoration companies and other vendors are heading to the island to assess damage and begin the rebuilding process.
Environmental Impairment Liability (EIL) coverage is becoming integral to a risk manager's insurance strategy.
Carriers are doing what they need to do this year to put themselves in a healthy position.
Although lawsuits are being filed, no wrong doing by Hawaii Electric has been found at this time.
The NICB reports that as much as $10 billion in disaster insurance payments was lost to contractor fraud in 2022.