Risk Management

EBITDA stands for "earnings before interest, taxes, depreciation and amortization."

High-exposure claims related to hurricanes continue to stretch the industry's resources.

Policyholders react to more restrictive wording and higher premiums in response to depressed carrier profits.

Early 2024 was characterized by an uptick in non-traditional CAT activity, including numerous convective storms.

Threats to today's banking and finance organizations range from old-fashioned to futuristic.

Name That Storm: 'These events... had significant economic effects on the areas impacted,' NOAA reports.

Having an insurance agent or broker who works with an experienced carrier helps alleviate many complicated situations.

More than 419,000 properties are now covered by the FAIR plan, which is one of the state's primary insurers.