News

Roof repair and replacement cost value totaled nearly $31 billion in 2024, according to a report from Verisk.

Colorado State University (CSU) hurricane researchers are predicting 17 named storms during the Atlantic hurricane season.

While more than 2 in 3 (69%) say the insurance industry is a great place to work and 4 out of 5 (81%) say they are satisfied with their job, high rates of burnout are threatening to dampen job satisfaction, according to Liberty Mutual and Safeco.

Homeowners claims are taking longer to resolve than ever before with the average claim cycle time—from filing the claim to finished repairs—now 32.4 days, says J.D. Power.

As legislation to reduce wildfire risk moves through the U.S. House of Representatives, the Big “I” has created a Q&A to address questions about the California wildfires and their impact on the overall insurance market.

While 2024 saw decreased mergers and acquisition activity from the previous four years, activity was still higher than in pre-pandemic years.

Restaurants continue to experience significant challenges from increasing payroll costs, inflation and claims, according to a report from NEXT Insurance.

The disaster highlights just how alarmingly low flood insurance coverage is among Americans, particularly in areas that are farther from the coast.

The study looks at the independent agency ecosystem as it gains distance from the pandemic and navigates the obstacles presented by the hard market.

A record 6.8% of all home insurance customers are actively shopping for new policies in 2024, yet only 2.2% of homeowners switched policies as a result.