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Lenders often require borrowers who make a down payment of less than 20% to purchase mortgage insurance.
The consequences of higher premiums may include lower net operating income, failed deals and declining valuations.
Insurify: The average annual cost of full coverage is more than $3,000 in six U.S. states.
The number of people impacted by the data breach is unknown, but American Water reportedly serves more than 14 million.
WCRI report: Hospital payments jumped 4% during the study period.
Insurance technology news from Pivix Specialty Insurance Services Inc., ZestyAI, Send Technology Solutions Ltd and more.
The challenges of building an insurance package around a business illustrate the value of specialized agents and brokers.
Catastrophe bond holders may be looking at returns of as much as 12%.
The Trusted Choice Relief Fund is supporting agents and brokers impacted by catastrophes, thanks to recent support from Progressive.
The agency used its periodic Business Trends and Outlook Survey to look at weather-related business losses.