Severe weather warnings multiplying as spring gets underway
During the first week of April, forecasts put about 40 million Americans—more than 10 percent of the country’s population—at risk of experiencing severe weather.
Read MoreMonthly Archives: April 2014
Landslides pose a major risk to residential properties
The U.S. Geological Survey estimates that landslides cause more than $1 billion in damages in the United States each year.
Read MoreM&A activity expected to rise in North American insurance sector
Insurance executives are anticipating an uptick in the number of mergers and acquisitions (M&A) in their sector, according to the results of a recent survey administered by Towers Watson.
Read MoreInsurers look ahead to start of hurricane season
With just a few months to go until the 2014 hurricane season gets underway, property owners and insurers need to take a serious approach to preparing for the impact of strong winds, heavy rainfall and tidal surges that can be generated by spring and summer storms.
Read MoreJ.D. Power finds homeowners more satisfied with insurers’ handling of property claims
J.D. Power’s 2014 Property Claims Satisfaction Study found that homeowners who have recently filed a property claim were more satisfied with their experience, relative to last year.
Read MoreTexas Department of Insurance: Properties at risk as spring blooms
The heavy snowfall of the winter is hopefully behind us at this point, but with the advent of spring upon them, property owners and insurers may soon realize that the new season comes with new risks.
Read MoreHigh value homes comprising a greater share of new construction as economy improves
The average size and value of U.S. residential properties is rising, which may make it more challenging for insurance carriers to accurately calculate replacement costs for insured structures.
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