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Current FEMA flood maps only reflect historic conditions, not future flooding, misleading insurance brokers and insureds about actual risks.
The system is expected to make landfall in N.J. Friday afternoon before heading north with heavy rain and thrashing winds.
The main dispute is whether the insured can demonstrate that the loss resulted from physical loss or damage to property.
This isn't the first suit alleging a firearms manufacturer negligently marketed its products, and it won't be the last, says industry attorney.
Of the costliest flood disasters in the last four decades, the top 10 occurred within the past 18 years.
'Modern' agencies are advancing past 'old school' operations in the COVID-19 era.
The insurance industry should take changing climate risks into consideration when making financial decisions and seizing opportunities.
Insurers may need to reconsider the product's design, pricing and marketing strategy to get their distribution force more enthusiastically on board.
Major to moderate flooding is projected in 23 states this year, impacting 128 million people.
The Third District Court of Appeal posed a direct question to the Florida Supreme Court to resolve "a matter of great importance" involving State Farm.
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