Insurance

A member of a homeowners association explained the higher cost, lower coverage plan it now has, and supported Consumer Watchdog's advocacy.

Consumer Watchdog officials, in remarks before and during a hearing of the Assembly's Insurance Committee, stressed requiring insurers to provide standard policies to homeowners who fireproof their property, countering Commissioner Ricardo Lara's proposed deal with insurers promising more coverage in wildfire distressed areas.

Central Europe's insured flood losses will likely be €2 billion ($2.2 billion) to €3 billion, Global reinsurance broker Gallagher Re estimates.

Preparation and planning are vital to a successful sale or merger of your agency.

The Federal Housing Finance Agency has agreed to more regular checks on the government-sponsored enterprises' flood compliance, which impacts mortgage companies.

The increased use of solar energy also creates some new risks that could affect coverage according to a new report from Allianz.

In the context of quick pricing, artificial intelligence can play a key role in formulating customer segments and creating appropriate policy packages.

Insurers are adding artificial intelligence to streamline processes including claims and underwriting, while also combating fraud.

Despite shopping rates reaching a record high, clear communication strategies can mitigate carrier switches, according to the 2024 Home Insurance Study.

Panelists in Send's most recent webinar highlight the importance of high-quality data in climate risk assessment.