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Meteorologists are describing the flooding as a 'once-in-200-years' event.
The city cited a 1907 rule that holds municipalities in New York are not liable for damage from 'extraordinary and excessive rainfalls.'
Although private flood insurance has grown in recent years, it remains less than 1% of direct premiums written, Fitch Ratings reported.
As we move through the 2022 hurricane season, there is no better time than now for Florida employers to put emergency action plans in place for dealing with natural disasters and other emergencies.
Inland flooding is now more common and costly than coastal catastrophes. Here's advice for insurance adjusters and insureds.
In neighboring West Virginia, a state of emergency was declared in six counties.
Insurance technology news from Verisk, Kentucky Employers' Mutual Insurance Harford Mutual Insurance Group and more.
Review the current state-level legislative picture of COVID presumptions across the U.S.
News from Loadsure, CatBoost, Worldwide Broker Network and more.
Research shows that every $1 spent on disaster mitigation can save $11 in repair and recovery costs.