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FEMA has updated its policy in order to fill the home insurance gap and aid disaster victims faster.
More than 20% of these properties are outside of designated flood zones, according to the Natural Resources Defense Council.
Insurance industry news from Alta Signa, Kennedys, AgencyBloc and more.
Restitution would be easier for consumers without the need to go to court and engage in litigation with a contractor.
In 2023, cat bond issuance reached an all-time high of $16.4 billion, according to Artemis.
Rising insurance costs have created a burden for everyone in the CRE value chain, but some existing tools can help.
Crime has big costs for individuals and government. It also can lead to insurance rate increases.
When the insured's away and the water leaks, is there coverage?
Examine the prominent obstacles and emerging advancements anticipated to influence workers' compensation and the wider P&C market in the year ahead.
These rate increases will be driven by more frequent severe weather events and elevated repair costs.