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Neptune Flood, an online flood insurance company, has entered into strategic underwriting partnerships that double its capacity at Lloyd's. Neptune, a Lloyd's Coverholder since 2017, is now working ...
Insurers are gun-shy about writing flood policies, and who can blame them? With faulty prediction models, seemingly ever-changing target flood zones and a track record of unpredictable claims, many ...
Only a year after losing their homes to floods in parts of Australia's north eastern coast of Queensland, people are moving into new houses built on or near the same plots. But while banks have been ...
Japanese companies have contingency plans for the floods that increasingly drench this island nation, but most have done little to fortify facilities, relying instead on insurance and securing ...
President Trump signed two government funding measures into law last week that included two provisions of interest to the property/casualty insurers: a reauthorization of the National Flood Insurance ...
Neptune Flood's two top leaders are switching their positions, a move designed to help prepare the InsurTech startup for its next phase of growth. Founder and CEO Jim Albert will become chairman, and ...
A nudge into the market by carriers offering private flood insurance is becoming more of a shove, which might bring new opportunities for claims adjusters and maybe create a more efficient claims ...
As the climate crisis worsens, more Americans will be forced from their homes. Many won't be able to afford it, and the U.S. isn't prepared for a massive, government-subsidized migration away from ...
Florida personal lines insurer Florida Specialty Insurance Co. (FSIC) has been ordered into receivership and will be liquidated after state regulators determined the company is insolvent and unable ...
Millennials — those born between 1981 and 1996— are nearly three times more likely to have purchased flood insurance than their older Baby Boomer counterparts born between 1944 and 1964, a new ...
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