Not only did natural catastrophes in 2021 break insurance claims records, but they also highlighted the growing cost of non-modeled characteristics of disasters, which are altering the industry’s understanding of these risks, according to a report published by RMS. “Secondary …
Property insurance companies and roofers in Florida don’t often see eye-to-eye. Insurers have frequently blamed unscrupulous contractors for jacking up claims, and roofing companies have sued insurance carriers, blaming them for systematically denying roof work. So it may come as …
Georgia homeowners and roofers are urging lawmakers to take up a bill that would require insurers to provide full replacement of some types of roofs even when only a few shingles are damaged. Supporters of House Bill 1310 have used …
It came later than some had expected, but Florida’s Senate Banking and Insurance Committee on Wednesday passed a much-anticipated bill that aims to close gaps left by last year’s insurance reform legislation. Senate Bill 1728, sponsored by committee Chairman Sen. …
