Much of North America experiences periods of severely cold weather and is susceptible to snow and ice storms—extreme conditions that can inflict considerable damage on homes and create liability risks. Standard homeowners policies will cover most disasters that result from a freeze—but when the weather outside is frightful, it's better to minimize the potential risks.
Earthquakes happen without warning and they can cause damage even in areas where tremors aren't a known issue. If you've experienced a seismic event, here's what you need to do to be safe in the aftermath. See also: Earthquake insurance for homeowners
The 2017 and 2018 wildfire seasons were a catastrophic shock to communities, legislators, and insurance companies. This paper discusses some of the ways in which insurers are educating their customers about wildfire risks, with the goal of creating resilient communities in high-risk areas and fostering the development of new tools and techniques to help build a more wildfire-resilient world.
COMMUNITY RATING LAWS- Enacted in several states on health insurance policies. Insurers are required to accept all applicants for coverage and charge all applicants the same premium for the same coverage regardless of age or health. Premiums are based on the rate determined by the geographic region’s health and demographic profile.
SUBROGATION- The legal process by which an insurance company, after paying a loss, seeks to recover the amount of the loss from another party who is legally liable for it.See Full Glossary
For immediate release New York Press Office: (212) 346-5500; firstname.lastname@example.org NEW YORK, January 24, 2020 — Reporters covering this weekend’s Progressive Insurance New York Boat Show and seeking insights on how to insure recreational watercraft can contact the Insurance Information Institute (Tri… Read More
For immediate release New York Press Office: (212) 346-5500; email@example.com NEW YORK, January 8, 2020— The Insurance Information Institute (Triple-I) has released the 2020 Insurance Fact Book, a premier “go-to” publication issued annually since the Triple-I’s inception in 1960 and an essen… Read More