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Many insurance professionals are weathering today's unprecedented market hardening for the first time.
Verisk reports that insured losses from the storm that socked Europe in early November could reach $1.39 billion.
Non-tornadic gusts such as straight-line winds and derechos are occurring five times more frequently.
Cat bonds are rising in popularity as their returns trounce those of virtually all other debt markets.
Tornadoes have been reported in all 50 states. Here's what insurance professionals can expect going forward.
Annual insurance reviews are integral to avoiding coverage gaps.
According to the NOAA, as of September, 23 billion-dollar-plus climate disasters have struck the United States in 2023.
The first round will award 500 grants to Citizens homeowner policyholders.
Verisk reports that severe thunderstorms have accounted for more than 70% of insured losses in 2023 so far.
Insurance industry news from Capacity, Beazley, Deep Customer Connections and more.
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