News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance. These insurance products protect individuals and families against potentially crushing financial losses caused by fire, theft, natural disasters, death, accidents, lawsuits and illness.
A new report by Karen Clark & Co. says storms capable of major losses are not as infrequent as we might assume and the U.S. can expect a $10 billion loss from a hurricane every four years.
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