You’ll need a separate flood insurance policy. NFIP commercial flood insurance policies pay the actual cash value for personal property. This takes depreciation into account. A commercial flood ...

More than 1,400 claims have been lodged so far, with numbers expected to rise as floodwaters recede. The ICA has indicated ...

Aon plc, a professional services firm specialising in risk management, insurance, and reinsurance brokerage, has introduced a ...

Re/insurance broking giant Aon has announced the launch of a new parametric insurance solution that is designed to address ...

Aon, Floodbase and Swiss Re Launch Parametric Storm Surge Solution to Bolster U.S. Hurricane Insurance Protection CHICAGO, Feb. 5, 2025- Aon plc, a leading global professional services firm, today ...

During this winter of extremes in California, with tragic wildfires raging in the south and most of the season’s rain falling in the north, the insurance market has fallen only deeper into crisis. But ...

Donald Trump makes no secret of disliking state intervention in most things. But free market forces are looking increasingly untenable on an existential issue that confronts his administration. As the ...

But National Flood Insurance Program (NFIP ... communities must agree to regulate residential and commercial development in any floodplains that fall within the municipality's boundaries.

“Not enough (homes had flood insurance), by a long shot.” Officials have yet to release damage estimates, but USA TODAY has reported that insured residential and commercial property damage is ...