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Is it still 'surface water' if it never reaches the ground level, or the 'earth's natural surface'?
A shift to non-traditional solutions: Parametric insurance provides an increasingly compelling alternative.
Winter weather caused $64.1 million in property damage in the United States in 2022, according to ValuePenguin.
The number of victims of cyber extortion in the first three quarters of 2023 is already 33% higher than all of last year.
This storm comes just two years – almost to the day – after an EF-4 tornado swept a 165-mile path through the same region.
A rise in ground-handling incidents has been one of the key challenges with post-pandemic recovery and growth.
Inflation, climate and catastrophic losses, and reinsurance costs could all disrupt this slightly optimistic forecast.
The traditional methods of assessing hail risk are no longer sufficient.
The same risks that are making insurance more important are also making it harder to get.
The federal maps are static and only periodically updated by the Federal Emergency Management Agency.
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