by Admin | Jul 31, 2015 | Insurance
For the longest time, the Federal Emergency Management Agency's (FEMA) National Flood Insurance Program (NFIP) has been the only way homeowners could secure protection from floods and other rain related damage. While this was all well and dandy for...
by Admin | Jul 31, 2015 | Insurance
The Massachusetts State Senate has just launched an inquiry into what local leaders are calling a troubling hike in local home insurance rates. The rate hikes are being planned by several of the largest insurance providers in the state in an attempt to recoup losses...
by Admin | Jul 31, 2015 | Natural Disasters
The rapid growth of hydraulic fracturing (“fracking”) exploration has created new questions for insurance professionals. This is foremost uncertainty about whether a man-made earthquake, one triggered by the stimulation of natural resources deep beneath...
by Admin | Jul 27, 2015 | Natural Disasters
Recent data from the Insurance Information Institute (III) shows that the number of lightning-related homeowners insurance claims dropped in 2014, although the average severity of storms rose. This is due in large part to efforts to lightning-proof homes, a step many...
by Admin | Jul 22, 2015 | Natural Disasters
Insurance professionals deal in probabilities and the likelihood that something catastrophic will happen to the people, property, vehicles and finances they insure. A worst-case-scenario for property insurers has made the rounds this week, highlighting an...
