Floods are one of the most damaging and expensive natural disasters, and they’re not covered by home insurance policies. Homeowners and business owners in flood-prone areas should be prepared for the ...
The commercial real estate industry faces an intensifying threat from flooding, which is likely to lead to billions of dollars in increasing costs, a new study says. Approximately 730,000 retail, ...
SEATTLE – Though natural disasters cycle across seasons and regions in the U.S., it’s often a shocking discovery for property owners how expansive and expensive flood and water damage can be when a ...
Floods can sink a commercial business, causing damage that can be hard to overcome and even shut them down for good. Philadelphia Insurance Companies (PHLY) is introducing a new flood insurance ...
OLDWICK, N.J.--(BUSINESS WIRE)--A new approach in determining rates for policies issued through the National Flood Insurance Program (NFIP), Risk Rating 2.0, appears to shifting more premium into the ...
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ST. PETERSBURG, FL, March 11, 2025 (EZ Newswire) -- With the longstanding flood insurance coverage gap, Flood Risk Solutions (FRS) has committed to developing an affordable, accessible solution for ...
Between escalating volatility and economic shifts, the commercial property insurance market is facing some intense pressures. As we head into 2026, brokers and clients alike are watching the coming ...
About 75% of the nation’s flood insurance maps are outdated, leaving the door open for property owners to seek their own flood mapping and appeal. When Camp Mystic wanted to build in Central Texas ...
Beginning on March 20, 2024, the new NJ law requires sellers of real property and landlords to make disclosures regarding known and potential flood risks in purchase and sale agreements and new leases ...
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