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Researchers determined that two out of five homeowners in the U.S. worry they will soon fall victim to a weather event.
Just 2% of policyholders that have faced extreme weather think their homes will never see weather damages again.
U.S. commercial property insurers continue to voice concern about undervaluation and inflation, according to Marsh.
The average payment for a Hurricane Ian-related claim was more than $104,000, according to FEMA.
Insurance leaders often advise policyholders to beware of anyone who shows up unannounced right after a storm.
Making matters worse, home replacement costs have escalated more than 55% since 2019, according to Triple-I.
Discover how location, building materials being used and other construction dynamics impact pricing for builders risk policies.
Here are six steps property owners can take to get ready for a disastrous twister.
If Swiss Re's prediction for 2023's ROE materializes, it would mark the strongest YoY improvement since 2009.
Devastating earthquakes in Turkey and Syria were the leading driver behind global catastrophe losses to start 2023.