Analysis

Supply chain breakdowns are increasing costs, causing extended delays and creating a host of headaches for insurers and policyholders alike.

The second part in this series reviews how certain terms involving water losses are applied in commercial property policies.

Karen Clark & Company estimates insured property losses from the Lahaina fire will be around $3.2 billion.

Water issues are often confusing and involve multiple undefined terms. Reviews the terms and how they can be defined.

However, homeownership is still the preference of the majority.

Fraudulent claims cost insurers and their customers infinite time, money and resources.