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The property insurance market is at an inflection point, from which the sector's future leaders will emerge.
More than 60% of U.S. policyholders said 'I have no idea what my home insurance fully covers.'
Society needs a new approach to protecting against, preparing for and responding to floods and other natural disasters.
Emerging technologies will no doubt be expensive in their first iterations, ultimately pushing up claim costs.
Review the potential claims brokers could face from ESG issues as well as steps to reduce those professional risks.
Global warming will demand accurate data sharing among MGAs, carriers and reinsurers.
Complicating the matter is the fact that climate-fueled extreme weather can be hard to predict.
Meteorologists are describing the flooding as a 'once-in-200-years' event.
Natural disasters caused global losses of $65 billion in the first half of 2022, says a new mid-year report from Munich Re.
Around 45% of all adult homeowners believe extreme weather will damage their homes in the next 30 years.