April 8, 2024
Executive Summary: Specialty insurance has experienced significant growth in recent years. Greg Gaydos, senior business development executive at Zywave, looks at the reasons and advises how to best take advantage of its wealth of opportunities. The excess and surplus lines …
March 19, 2024
In the wake of a record-shattering 28 billion-dollar extreme weather and natural disaster season in 2023, the U.S. finds itself at the mercy of an increasingly volatile climate. As hurricanes grow fiercer, sea levels rise and rainfall patterns shift, one …
March 12, 2024
CHARLESTON, S.C. (AP) — A record-setting rainstorm flooded parts of Charleston, South Carolina, on Saturday, requiring emergency responders to help some people get out of high waters. The National Weather Service in Charleston reported that 3.63 inches (9.22 centimeters) of …
February 7, 2024
Wisconsin Governor Tony Evers has proclaimed February 4-10, 2024, Flood Insurance Awareness Week in Wisconsin to recognize the state’s increasing flood risk and the importance of having appropriate insurance coverage. “Now is the time to prepare for spring flooding and …
February 5, 2024
ST. PETERSBURG, Fla. (AP) — The “cone of uncertainty” produced by the National Hurricane Center to forecast the location and ferocity of a tropical storm is getting an update this year to include predictions for inland areas, where wind and …
January 26, 2024
JACKSON, Miss. (AP) — Opening a spillway as a flood-control measure in 2019 sent polluted fresh water from the Mississippi River into the Gulf of Mexico and killed bottlenose dolphins that live in saltwater, according to a new lawsuit. Several …
January 8, 2024
Florida’s wind-mitigation grant program for homeowners has proven to be so popular that the governor has proposed another $107 million for it this year, and some experts have called home fortification the only way to significantly reduce insurance losses from …
January 3, 2024
The U.S. Army Corps of Engineers has given approval to a $32 million plan to renourish much of the critically eroded beaches near Jacksonville, a project that could throw a lifeline to tourism and insured properties in the area. The …
January 2, 2024
New Jersey officials have introduced measures to implement flood risk disclosure legislation signed into law by Governor Phil Murphy last June. The measures include new property disclosure forms notifying buyers and tenants of a property’s known flood history and potential …
December 22, 2023
Do “surface waters” covered by property flood insurance include rainwater that accumulated on an enclosed roof one or more stories above the ground? The landlord and operator of a suburban Massachusetts hospital disagree with their insurers on the answer to …