Authored by Sara Weathers Due to the current levels of risk, flood risk management is under strain, according to a recent Insurance Business Magazine article. The global flood risk is expected to continue to increase in the future. There are multiple factors that are creating a heightened risk of flooding, with climate change being one of the main ones. A...

Read More About Flood Risk Management Under Strain

Authored by Sara Weathers According to a recent Insurance Journal article, U.S. commercial insurance rates grew during the fourth quarter of 2022 by 4.8%. This was down from 5.2% in quarter 3 of 2022. While rates still showed an increase, the director of Insurance Consulting and Technology, Yi Jing, said the market is starting to show a stabilization tren...

Read More About US Commercial Insurance Rates Increasing at Slower Pace

Authored by Sara Weathers La Nina was stationary over the southeastern part of the United States over the past three years and has finally moved from over the region, according to a recent Insurance Journal article. While La Nina is not the sole reason for the severe weather that has hit the southeast recently, it tends to bring more frequent hurricanes a...

Read More About La Nina is Gone After Causing Billions in Damages

Authored by Sara Weathers The White House has released a new strategy for cybersecurity to help reduce the risks for both people and businesses. The National Security Strategy released a document that outlines a plan to find “a careful balance between defending ourselves against urgent threats today and simultaneously strategically planning for and invest...

Read More About New National Cybersecurity Strategies Released by White House