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Policyholders react to more restrictive wording and higher premiums in response to depressed carrier profits.
Name That Storm: 'These events... had significant economic effects on the areas impacted,' NOAA reports.
Having an insurance agent or broker who works with an experienced carrier helps alleviate many complicated situations.
Insurance technology news from Swarts, Manning & Associates, Cytora, AON and more.
Geographic data and spatial analytics can create competitive advantages by helping insurers better manage losses.
Ken Davis and Bill Gordon of 1-800 WATER DAMAGE, part of BELFOR Franchise Group, explain strategies to optimize water claims efficiency without increasing costs during high-volume events.
Jennifer Wilson, head of cyber at Newfront, says these claims can take a long time.
Two different storm systems have a 40% chance of becoming a storm in the next week.
The best emergency preparedness decisions aren't rushed and are tailored to each household's needs.
Embedded insurance market was valued at $63B in 2022 and is expected to reach $482B in 2032.