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CoreLogic's final Hurricane Ian estimate projects $41B-$70B in damages
Steve Hallo | October 07, 2022
National Flood Insurance Program and private insurance losses are expected to range from $8B-$18B, according to CoreLogic.
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How Hurricane Ian compares with the costliest U.S. hurricanes
Steve Hallo | October 04, 2022
S&P Global Ratings reported that the insurance industry should be able to manage insured losses.
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Avoid these 3 potential pitfalls when handling Hurricane Ian claims
Kathleen M. Bonczyk, Esq. | October 03, 2022
Determining too soon if wind or flooding caused damages is just the first step into the potential legal minefield trailing in Hurricane Ian's wake.
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U.S. economy dodges harsher hit on inflation from Hurricane Ian
Katia Dmitrieva, Augusta Saraiva and Michael Sasso | October 03, 2022
Hurricane Ian, one of the costliest storms in U.S. history, is expected to result in $70B-$120B in economic damages.
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Hurricane Ian could cause $20B-$47B in damages, early estimates suggest
Steve Hallo | September 30, 2022
The early estimates come as Ian is expected to move into the Carolinas and cause further havoc up the east coast.
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Insurers temporarily blocked from dropping policies
Jim Saunders and Mike Exline | September 30, 2022
Wednesday’s order came amid widespread concerns about how the Category 4 Hurricane Ian will affect an already-troubled Florida insurance market.
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Hurricane Ian upgraded to Category 4 ahead of Florida landfall
Brittney Meredith-Miller | September 28, 2022
If the hurricane continues to intensify, CoreLogic warns over 1 million Floridian homes could be at risk.
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Hurricane preparation step-by-step: What to do as a storm approaches
Jayleen R. Heft | September 27, 2022
Review what to do 48 hours before a hurricane arrives and the steps to take after the storm has passed.
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10 things you should know about adjusting flood claims
Patricia Harman | September 26, 2022
These recommendations for catastrophe adjusters can ensure critical facets of an insured's inspection aren’t missed.
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5 Steps to prepare for hurricane CAT claims
Dan Turpin | September 23, 2022
Preparing for the unexpected, identifying vendors and having a good storm protocol will help expedite the claims and recovery process.
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Hurricane Ian forms into Category 1 as it heads toward Florida
Brian K. Sullivan | September 26, 2022
The National Hurricane Center anticipates Ian to become a major hurricane as it nears western Cuba later tonight.
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Hurricane insurance bad faith lawsuits see dramatic surge
Hannah Smith JD | August 29, 2022
The bad faith hurricane insurance lawsuits have primarily been targeting major property insurance carriers.
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Business interruption will determine size of Hurricane Fiona losses
Steve Hallo | September 22, 2022
AM Best anticipates carriers will be able to manage losses in Puerto Rico and the Dominican Republic stemming from Fiona.
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Floods & wildfires ravaged areas are fertile ground for insurance fraud
Steve Hallo | August 24, 2022
The NICB and Mercury Insurance offer tips to help spot and stop insurance fraudsters looking to strike following a disaster.
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2022 E&S insurance update: Preparing to weather any storm
Anna Maria Trusky | September 11, 2022
E&S professionals are in an ideal position to provide insurance coverage where it is most desperately needed.
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Key takeaways from 2022 Florida Association of Insurance Agents convention
Jim Bone | September 19, 2022
The backdrop to this year's confab: Florida's insurance industry is in crisis.