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Moody's: Estimates take into account wind, storm surge and precipitation-induced flooding.
Rising commercial auto rates are just one symptom of deeper issues in the transportation market.
Insurers and repairers should see themselves as part of a value chain ecosystem working toward a shared outcome.
The way insurance pros handle customer interactions heavily impacts satisfaction and retention.
Risk management solutions include insurance, regular property inspections and communicating openly with tenants.
Property owners with "significant exposures and sustained losses" can expect rates to climb by 50% to 100%.
After assessing property damage and mitigating further loss, insureds should quickly contact their insurance provider.
Officials are cautiously optimistic that damage won't be as extreme as initial forecasts predicted.
Travel insurance claims have risen 21% from last year, according to data from Squaremouth.
Navigating insurance can be more difficult given the increase in frequency and severity of natural disasters.