Reconstruction Costs Up 60% Since 2014
The significant increases were driven by inflation, labor shortages and supply-chain disruptions, according to a Verisk report.

The significant increases were driven by inflation, labor shortages and supply-chain disruptions, according to a Verisk report.
Business are most concerned about cyber, business interruption and natural catastrophes, according to the “Allianz Risk Barometer 2025.”
For the seventh year in a row, the Big “I” and J.D. Power teamed up to measure property & casualty independent insurance agent perceptions of their carriers.
Restaurants continue to experience significant challenges from increasing payroll costs, inflation and claims, according to a report from NEXT Insurance.
As the cyber threat landscape becomes more complex, preparedness against cyber risks is declining with only 73% of U.S. business leaders feeling resilient against the cyber risk.
Following a brief lull in tropical activity in the wake of Hurricane Ernesto, the conditions are now primed for a series of back-to-back storms over the next few weeks in the Atlantic.
Both residential and commercial property saw total reconstruction costs increase from July 2023 to July 2024.
The global tech outage highlights vulnerabilities in business continuity planning, cyber liability insurance and technology partners.
As many as 50% of small business owners said they have made a workplace injury claim in the past five years. Here are some of the most uncommon accidents experienced.
The guidance was set to take effect on June 1 and would have required mortgagors to acquire replacement cost value coverage for their property, including roofs, deeming actual cash value unacceptable.