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A report from CoreLogic shows more than 32 million U.S. residences are at risk of damage from hurricane-force winds.
McKinsey analysts suggest that insurers consider making alternative capital a core part of their capital-management strategy.
The adjuster's company had submitted claims without the consent or knowledge of homeowners.
More than $9 billion was lost to post-disaster contractor fraud in 2021, NICB reports.
Since 2012, the growth rate of skilled craftspeople entering the workforce has slowed, with certain sectors such as carpentry seeing declines.
U.S. commercial property insurers continue to voice concern about undervaluation and inflation, according to Marsh.
Evolving for the better: Agents and brokers should be well-versed in these issues to anticipate the industry's future.
Discover how location, building materials being used and other construction dynamics impact pricing for builders risk policies.
Insurance technology news from Majesco, Novo Insurance, Insurity and more.
If Swiss Re's prediction for 2023's ROE materializes, it would mark the strongest YoY improvement since 2009.