Catastrophe & Restoration

More than 50% of the U.S. population is living in an area that is now twice as likely to experience a severe flood, First Street reports.

Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million of bonds.

The growing availability of external data and advances in risk modeling can make a difference in assessing and mitigating these losses.

When the seepage isn't behind a wall but is behind a moveable object, does the exception apply?

The state of Texas saw the most damage from the storm system, followed by Arkansas, Oklahoma, Mississippi, Louisiana and Alabama.

The average cost per lightning-related claim in 2022 decreased by nearly 30% compared with 2021, according to Triple-I.

Researchers determined that two out of five homeowners in the U.S. worry they will soon fall victim to a weather event.

The challenging insurance market means that companies should understand the factors affecting property and business rates.