Market Insights

Last year was one of the costliest years for insurers in history, with record-setting Atlantic hurricane losses amounting to $43 billion, as well as man-made catastrophic disasters culminating at $7 billion -- nearly double the annual averages from 2007.

Thieves broke into a truck parked in a hotel lot and made off with a large shipping crate.

There's an old joke that applies to our business: "If you fall off a 40-story building, 35 stories down everything's fine!"

Most research efforts that test the effects of moisture exposure on wood building products evaluate the effects of water vapor -- in other words, the relative humidity (RH) -- rather than exposure to free water.

One person's inducement is another's incentive. Terminology aside, the motivation behind the rush of home mitigation inspections is twofold: To assess a home's vulnerability to hurricane damage, and to earn insurance discounts.

Once upon a time when I was an underwriter, my manager was fond of telling me we didn't sell a product, we sold a promise. And at a high level, he was entirely correct.