Neptune Flood Raises Building Coverage Limits and Expands Options
Neptune increased building coverage limits to $15 million across primary and excess flood policies and added enhanced protections for residential, commercial and condo policies.
Flood
Property Claims Decline as Regional CAT Events Intensify
Local catastrophes caused intense regional volatility, according to Verisk, but overall lower claim volume contributed to the property & casualty industry’s strong first-quarter results.
New Private Flood Option From Titan and Nationwide
The policy provides flood-only coverage for homes and personal property, protecting homeowners from flood risks not covered by standard homeowners or renters insurance.
Data-Based Insurance With Rapid Payouts
If the storm track intersects the coverage radius in a policy, the insured gets a payout. No questions, adjustors or proof of loss.
