The policy offers private residential flood-only coverage for buildings and personal property, providing homeowners with coverage for flood risks that aren’t typically covered under standard homeowners or renters policies.
As barndominium homes continue to grow in popularity, agents and clients should be aware of five key risks—and how to mitigate them—before moving forward..
As hurricane season begins, many insurance advisors are spending more time having flood conversations with homeowners living outside traditional coastal markets.
May brought news of moderating pressures in the long-suffering personal lines space, with early signs that increases in reconstruction costs and personal auto premium hikes may be beginning to slow.
Parametric insurance has been around for many years, but with increased data granularity and availability, these special policies are now widely available to fill coverage gaps under admitted policies.
While claims declined, roof losses continue to grow more severe and less predictable, driven by aging housing stock, widespread hail exposure and rising replacement costs, according to Verisk.
The 2026 hurricane season, which starts on June 1, is projected to be below average, with eight to 14 named storms expected.
The lifting of the ban on PFAS incineration expands disposal options for military and industrial waste, but it also lengthens the liability chain and adds new layers of complexity for agents and their clients.
The 75-page report presents a comprehensive set of recommendations for overhauling the federal government’s approach to disaster preparedness, response and recovery.
April delivered must-read insights for independent agents, including the retirement of the Safeco brand, hurricane season outlook and member recognition at the 2026 Big “I” Legislative Conference.
