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Higher insurance settlements can lead to higher insurance premiums, as demonstrated in Florida's property market.
Asphalt shingles can only withstand 110 mph winds, while older and degraded shingles may be impacted by 50 mph winds.
From enhancing communications to fighting fraud, unlock the power of data following extreme weather perils.
A $2B reinsurance program shows commitment from the state, but fails to address capacity challenges, AM Best reports.
Hurricane season is a good time to review coverages and disaster plans with your commercial insureds.
An active hurricane season will affect insurers, property owners and businesses, and some say proving damage could be harder for residents.
Research shows that every $1 spent on disaster mitigation can save $11 in repair and recovery costs.
Munich Re recently released their hurricane predictions for 2022; joining a growing chorus warning of an active season.
If the forecast comes to fruition, it would mark the seventh consecutive overactive Atlantic hurricane season.
The latest P&C industry personnel news from Alera Group, Mosaic Insurance, FM Global and more.
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