Weather Risk

Extreme weather damage has consistently been the costliest category of homeowners insurance claims.

Regulations, material availability and cost have made for a gradual process in bringing the area's housing back to life.

Federal hazard mitigation money was used for flood buyouts of homes and constructing tornado-safe rooms.

At least four storms are expected to become major hurricanes this year.

Two lawsuits claim the insurers spent years profiting from coverage misrepresentations.

Parametric insurance would provide more robust and holistic coverage options for the city's business owners.