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Small business survival rates range between 88% and 94%, depending on the area.

Customers now receive an average of 3.5 quotes when they're shopping, the highest level in the study's history.

Large premium increases approved during 2023 and 2024 were largely a response to rising claim frequency and severity.

Private residential flood policies grew at a 20% annual rate between 2020 and 2024, with more than 140 carriers now offering flood coverage.

Umbrella policies have become more necessary as litigation costs and liability risks continue to rise.

One proposal includes the creation of a centralized marketplace that would function as a clearinghouse for private flood coverage.