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Around 7% of all homeowners in the U.S. are uninsured, according to the Consumer Federation.
In 2023, global insured catastrophe losses exceed $100B for the fourth consecutive year, according to Swiss Re Institute.
Some insurers incentivize policyholders with discounts to use water monitoring devices, decreasing losses from water damage claims.
With the average premium around $6,000, some Floridians are foregoing homeowners insurance in favor of self-insurance with their investments.
Each state has an insurance department, but what does it do?
New SEC rules are designed to standardize climate-related disclosures about GHG emissions and weather-related risks by public companies and offerings.
New graduates moving away for school or work often need renters insurance to cover losses from theft or property damage.
The proposal is part of California Insurance Commissioner Ricardo Lara's goal to enact insurance reform during 2024.
The state forest service reported power lines sparked the Smokehouse Creek and Windy Deuce fires.
Inland marine insurance professionals now use cutting-edge tech to navigate the modern risk landscape across industries.