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The U.S. has experienced a record-high 25 disasters this year that have generated at least $1 billion in damages each.
Many policyholders would find even a short ALE extension meaningful, the state insurance commissioner said.
Many insurance professionals are weathering today's unprecedented market hardening for the first time.
The latest insurance industry personnel news from Satellite Agency Network Group, Marsh, NFP and more.
Insurance technology news from Heffernan Insurance Brokers, ManyPets, MAPFRE Insurance and more.
Country Financial Agent Heidi Moore, an expert in wine, beer and cider, talks about that industry's risks and coverages.
Cat bonds are rising in popularity as their returns trounce those of virtually all other debt markets.
Drought conditions and windy weather have shifted wildfires to a year-round risk.
Insurers under a new plan have agreed to write at least 85% of their California market share in high-risk zones.
Having accurate, up-to-date geolocation data is more critical than ever as property risk shifts to reflect a changing climate.
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