The number of US homes destroyed by wildfires has more than doubled since the 1990s. In just the first half of 2024, Texas has already experienced the largest fire in its history. While there are fewer fires today, they are far worse than in previous decades. Why has there been such an increase in the […]
Today’s senior citizens are looking for new opportunities to meet new people, travel, and stay active. This mentality to connect and stay active has led to many seniors choosing to live in communities rather than isolated retirement locations. In senior communities, homes, condos, and apartments are often built with seniors in mind, but technically they’re […]
With all the great things spring brings us, it delivers that nobody likes — hail and hail damage. Hail visits us every spring due to the cold air from the north clashing with the warm, humid Gulf of Mexico air and sets the stage for intense thunderstorms. These storms cause weather events from strong winds and […]
With an expanding population and more emerging businesses, property exposure to wind and hail-exposed areas is increasing. As a result of an aggregation of values and increases in losses from natural disasters, we’re seeing more property carriers adding high wind and hail deductibles on their commercial line policies. Many insureds decide to “buy down” deductibles […]
The annual cost of hail damage in the U.S. has surpassed $22 billion a year. Hail inflicts serious damage to homes, cars, crops, and people. It’s common for storms to produce hail the size of baseballs. At impact, these baseball-sized chunks of ice are moving at anywhere from 80 to 110 mph. When you imagine […]