Allstate expects $1.17B in catastrophe losses for first two months of 2025

Predecessor switched into group deputy CEO role earlier in the year Source link

At the time of initial funding, there were 313 Fortified-certified roofs in the state, according to the auditor’s report. As of Feb. 1, 2025, that number had increased to 5,413, representing a 17-fold growth over two years. The report noted that 64% of these certifications were not funded by the LFHP. Source link

Regressive actions worsening the nat-cat protection gap While governments, companies, and individuals are taking action on the protection gap, risk management has been inconsistent, Mantero said. He cited high population growth rates in catastrophe-prone areas in the United States, such as Florida, where Hurricane Ian dealt significant inland flooding and damage to communities in 2022….

As cyber threats escalate, cyber insurance is emerging as a critical safeguard for businesses, particularly small and midsize enterprises (SMBs) with limited cybersecurity resources. Coalition’s Cyber Threat Index 2025 underscored the growing role of insurance in mitigating financial and operational fallout from cyberattacks, highlighting ransomware as a leading driver of claims. Source link

Regular inspection: Check for droppings, chewed wires or nesting materials. [2] 2. Clean the RV exterior Routine cleaning can prevent the accumulation of dust, mud, and other harmful substances that could lead to potentially costly repairs. This is particularly important for the roof of your RV, which should be inspected and cleaned before storing. Also,…

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