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Citizens is expected to hit 1.7M policies with $654B in total insured value by the end of this year.

Florida, Louisiana and the other states are challenging Risk Rating 2.0, which changed the methodology for determining flood insurance prices.

The average payment for a Hurricane Ian-related claim was more than $104,000, according to FEMA.

Alex Kaplan, executive vice president for alternative risk at Amwins Group, discusses how parametric insurance differs from traditional insurance and the benefits it provides to policyholders.

Insurers face pressure to offer pragmatic, risk-management solutions in response to severe-weather events.

The combined reconstruction value of the structures at risk totals more than $2 billion, according to CoreLogic.

Conditions could become dangerous in several different regions of the country.

More than 50 people were rescued near the Pajaro River, which topped its banks in Monterey County.