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The U.S. surplus lines market has seen double-digit growth in recent years for a reason: It's a reliable solution.

Residents are blaming antiquated infrastructure in Miami-Dade and Broward Counties, compounded by rising sea levels, king tide, and stormwater flooding.

New FEMA maps drawn in 2012 included many more homes in flood zones that required flood insurance than previous maps.

Private carriers now account for slightly more than 32% of the overall flood insurance market.

The first auto insurance policy was sold a little over a decade after Karl Benz applied for the first patent for a gas-powered vehicle.

The outlook is driven by a host of factors, including rising loss cost severity and increased losses from secondary perils.

The committee asked whether Citizens has contemplated requesting a federal bailout in the event of being unable to cover its claims.

The bond protects Axis and its subsidiaries against systemic cyber shocks over a two-year period starting in January.