Experts Predict Active Hurricane Season in the Atlantic

Experts from Colorado State University are predicting that 19 named storms will emerge from June 1 through November 30. Of those 19 named storms, about 9 are expected to develop into hurricanes, and 4 have the potential to become Category 3, 4, or 5 ...

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Lexington Insurance Pulling Out of Florida and Other Markets for High-End Homes

On August 1, 2022, Lexington Insurance will be discontinuing its personal lines division nationwide. Many affluent homeowners in the Florida market will not be provided coverage through the AIG company. AIG plans to relocate high net worth homeowners...

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Insurers Making Waves with Wider Use of IoT Leak and Temperature Sensors

Internet of Things technology is changing the way insurers protect property from water damage. Many are beginning to add these devices to commercial, institutional, and residential properties to help prevent major losses like detecting leaks and dras...

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What the 2022 Housing Market Will Bring

The housing market may begin to stable out in 2022 due to more inventory becoming available. New housing constructions will generate more supply and more homeowners will be expected to sell due to an end of mortgage forbearances. Although more housin...

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Removing Vegetation Can Help Protect Houses During Wildfires

With wildfires having increased over the last decade, experts have taken a deeper look into structures that are more likely to be destroyed. According to the source below, buildings with large amounts of vegetation surrounding the area are more likel...

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