Personal Lines

Even taking the low estimate for losses and high estimate for insurance coverage, we still face $200 billion in uninsured losses from Hurricane Helene. We need to talk. 

Hurricanes used to lose most of their power before making it as far inland as western North Carolina. But Helene wreaked havoc there. Future hurricanes may, too. 

Here are six strategic steps carriers can take to better prepare for handling auto claims following severe weather, such as the recent Hurricane Helene. 

Solar power carries risks from fire, natural hazards, and theft and vandalism. It also creates potential liabilities, including from overloaded roofs.

If an insurer is evaluating risk for properties along a Florida coastline, a discrepancy of as little as 50 to 100 feet matters during hurricane season. 

Historical data offers outdated information. Real-time data keeps you informed of changes to a policyholder’s risk profile, letting you adjust premiums. 

Emerging trends in cyber, flood, and excess and surplus lines insurance highlight the changing risk landscape for small businesses.

For four years, the P&C market has been on a wild ride. And buckle up. A lot more ups and downs are coming.