Personal Lines

Hail is said to cause an average of $1 billion in damage to crops and property each year. A recent hailstorm in North Texas is quickly approaching half that amount on its own.

Claims adjusters never know what theyre going to encounter when a client has a loss.

Claims adjusters never know what theyre going to encounter when a client has a loss.

The total insured value for U.S. residential and commercial properties in coastal counties has grown to over $10 trillion, a new analysis says, but the rate of growth has slowed some since 2008 due to recession-related factors.

The total insured value for U.S. residential and commercial properties in coastal counties has grown to over $10 trillion, a new analysis says, but the rate of growth has slowed some since 2008 due to recession-related factors.

Florida has enjoyed a record run of seven years without a hurricane making landfall, but industry experts question whether Florida's state-controlled insurance system is able to cope in the long term.