Relation
JUNE 13, 2023
The home insurance rate increase is stemming from the perfect storm of market trends that have driven up the cost of building homes — and with it the cost of insuring them for repair and replacement. More severe weather There have been 18 weather/climate disaster events in the U.S. in 2021 with losses exceeding $1 […] The post What is causing the home insurance rate increase?
Risk Management Monitor
JUNE 13, 2023
Atlantic hurricane season officially began recently, kicking off a disaster season that will run from June 1 through November 30. According to predictions from the National Oceanic and Atmospheric Administration (NOAA), the 2023 hurricane season will consist of 12 to 17 named storms, five to nine hurricanes and one to four major hurricanes. This falls into a fairly average range, but “average” is a bit unusual under the conditions currently emerging around the season. “The upco
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