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Only 18% of Floridians have flood insurance, according to the Insurance Information Institute.
Is collecting, storing and securing vast troves of data still the prudent move as cyberthreats abound, or is 'overcollecting' resulting in overexposure?
Marcus & Millichap report the latest dramatic spikes as providers pull out of key markets.
Managing nuclear verdicts is a complex issue that requires a multi-faceted approach.
In addition, SafePoint Insurance and an affiliate are taking on nearly 20K policies from Louisiana Citizens Insurance.
Reinsurance, which is essentially insurance for insurers, helps drive the catastrophe-prone Florida insurance system.
Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million of bonds.
Researchers determined that two out of five homeowners in the U.S. worry they will soon fall victim to a weather event.
The challenging insurance market means that companies should understand the factors affecting property and business rates.
AIG is curbing home insurance sales in around 200 ZIP codes across the U.S.