Flooding remains a major natural disaster risk in the United States. Statistics show that in 2019, floods caused a total of 3.75 billion dollars’ worth of damage to property and crops across the country. A nonprofit research and technology group recently released a report with flood risk data for more than 142 million homes and properties across the United States. In contrast to FEMA’s classification of 8.7 million properties having substantial risk (or within Special Flood Hazard Areas), the report identified 14.6 million total properties with the same level of risk.

After two decades of vacation rental growth spurred by technology, it may be fair to say rental property exposures are all grown up. Insurers are no longer shunning the market, technology is no longer seen as a mystery, and even more governments are embracing the economic benefits of vacation rentals.

Planning a big remodel? It’s important to consider what can go wrong when updating or renovating your home and hiring professionals to complete your home projects. This article discusses some best practices for hiring contractors and some potential pitfalls to avoid.

Fraud is everywhere, and if you’re not careful, your family or business could become the next victim. International Fraud Awareness Week runs from November 15 to 21, and this is a great time to make sure you know how to protect yourself.

September is National Preparedness Month. This is a great time to review your personal emergency preparedness and confirm the adequacy of the insurance coverage protecting you and your assets.

Insurance is not a one-size-fits-all product. The assets you need to protect and the exposures you need to protect against are unique. In many cases, the traditional bundle of home, auto and umbrella coverage is not enough.  

When you plan your holiday events this year, don’t forget to consider your liability risks. Every time you welcome guests to your home, you take on some responsibility for their well-being. If a guest is injured on your property, you could be held legally liable. You may even face legal liability for what happens to guests after they leave a party you’ve hosted. Take precautions to keep your guests safe and your exposures under control.

The pictures and tragic stories from the Bahamas following Hurricane Dorian have been heart wrenching. A tropical island paradise was turned to rubble in a matter of hours. Damage was estimated at over $7 billion, there were at least 50 deaths, and at least 70,000 people were left homeless.

According to Statista.com, more than 312 million people in the U.S. regularly used the internet in 2018. Seventy-nine percent of the population had a social media presence. And with the explosive growth of smart devices and mobile connectivity in recent years, most of us are online every day. In a recent Pew Research Center survey, 28 percent of adults in the U.S. even report they go online “almost constantly.”

Sometimes you get more than you bargain for. When you agree to volunteer on a board, for example, you might expect to contribute to your community while proving your leadership skills and increasing your professional network. You’ll get all of that and a heavy dose of risk.