New York has issued guidance to commercial insurers that they are prohibited from inquiring about or making coverage decisions based on a property’s status as an affordable housing development or a tenant’s source of income. The guidance is in a …
(Reuters) – Hurricane Idalia is expected to increase insurance costs for Florida commercial real estate, particularly owners of apartments and other multifamily properties already grappling with soaring premiums driven by climate change, industry executives and analysts said. Idalia on Wednesday …
Shirley Howard’s feet splashed into nearly a foot of water when she stepped out of bed on a summer morning last July amid a torrential rainfall. A devastating flood swallowing up Kentucky’s Appalachian region had reached her bedroom in the …
