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Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses

Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses

by Phil Hall | Dec 18, 2024 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Insurance Bureau of Canada (IBC), the national industry association representing Canadian private home, auto and business insurers, has blamed Prime Minister Justin Trudeau’s for failing to protect property owners from climate-related disasters during 2024....
New Florida Law Requires Home Sellers to Disclose Property’s Flood Risk

New Florida Law Requires Home Sellers to Disclose Property’s Flood Risk

by Phil Hall | Oct 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new law went into effect today in Florida that requires home sellers to disclose their property’s flood risk to buyers. Central Florida Public Radio reported HB-1049 mandates that sellers inform buyers if insurance claims for flood damage had been filed on their...
FloodFlash Debuts Flood Business Interruption Coverage

FloodFlash Debuts Flood Business Interruption Coverage

by Phil Hall | Apr 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The insurtech FloodFlash has rolled out U.S. business interruption (BI) coverage ahead of this year’s hurricane season. According to the company, the new Flood BI coverage was created because many businesses and public entities are unable to get BI cover – the...
Guest Opinion: The Heavy Regulatory Burden Placed on Home Builders

Guest Opinion: The Heavy Regulatory Burden Placed on Home Builders

by Alicia Huey | Jul 20, 2023 | Guest Opinion, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

This is article is adapted from recent written testimony presented before the U.S. House Financial Services Committee Subcommittee on Housing and Insurance by Alicia Huey, 2023 Chairman of the Board of Directors of the National Association of Home Builders and a...
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