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Mitchell International projects that the gap will eventually narrow, but is unlikely to close completely.
Non-tornadic gusts such as straight-line winds and derechos are occurring five times more frequently.
The Biden Administration intends to buoy programs that convert offices to housing, however funding details remain hazy.
Cat bonds are rising in popularity as their returns trounce those of virtually all other debt markets.
A crane operator had a side hustle for years before he was injured. However, the COVID-19 pandemic drove away both clients and profits from the gig in the months leading up to a debilitating injury.
This potentially unsettling phenomenon is poised to rise from a confluence of factors, including skyrocketing insurance costs.
Long COVID is considered a disability under a variety of federal acts.
The U.S., China and Japan would be the hardest hit if the hypothetical, but plausible, scenario unfolded, according to the London market.
Heading into September, nearly 100 federal lawsuits were filed against property and casualty insurers, according to Law.com Radar.
Small business struggles mean many are seeking stronger insurance solutions, says the insurtech Counterpart.