Resiliency, reinsurance key to hurricane season preparations
Homeowners should view resilience upgrades as long-term investments in safety and affordability.
Tag: reinsurance
Americans face an insurability crisis as climate change worsens disasters – a look at how insurance companies set rates and coverage
Home insurance averages $2,377 a year nationally and $11,000 per year in Florida.
How Florida’s home insurance market became so dysfunctional, so fast
As natural disasters become more common, Florida’s litigation-friendly environment and reinsurance costs compound the problem.
Why insurance companies are pulling out of California and Florida, and how to fix some of the underlying problems
Insurers have been retreating from high-risk, high-loss markets for years after catastrophic events.