Insurers dealing with claims related to March ice storm, as well as February’s severe storms and mid-winter thaw.
Thefts, skyrocketing vehicle prices and increasing repair costs drive automobile premiums higher.
Suit claims adjustments made to lower vehicle valuations are outdated, inaccurate, arbitrary and misleading.
Changes to disaster financial assistance will take effect on April 1, 2025.
Experts urge governments to strengthen partnerships with the private sector to insure against catastrophic risks.
The impact of rising premiums and non-renewal of certain policies in disaster-prone areas was discussed in a recent webi
A rating agency stresses the need to maintain a functioning property insurance market.