Markets

Coral reefs, mangroves, salt marshes and seagrass meadows can significantly reduce flood losses in coastal areas, according to a Swiss Re Institute analysis of data.

Key highlights include flexible policy options and a multitude of deductible and coverage options, many of which are unique to boaters.

As insurers increase their underwriting restrictions to limit storm exposures, risk mitigation is becoming more important than ever for commercial insureds.

Cannabis operators are facing increasing operational costs and liability risks and are looking to cut costs wherever they can.

The guidelines for the federally funded program include maintaining properties in compliance with local housing codes, passing periodic inspections by housing authorities and following strict eviction and lease termination procedures.

Challenges persist for the cannabis industry due to changes in the regulatory landscape, an increase in product recalls, increasing premiums and industry consolidation.

The coverage features a data-driven trigger, which removes the need to prove a covered loss or damage.

The uncertainty surrounding tariffs on key trade partners like Canada, Mexico and China have created immediate challenges for U.S. farmers.

With regulatory gaps and safety concerns surrounding hemp-derived THC beverages, manufacturers, distributors and retailers need to protect themselves with the right insurance coverage.

As severe weather becomes more frequent, it’s critical for agents to help clients understand what flood insurance does and doesn’t cover.