Hurricane Isaias struck Florida’s western Panhandle on Friday evening as a Category 2 storm, bringing destructive winds and dangerous coastal flooding to a region where a Moody’s analysis identified $71.8 billion in potentially wind-exposed commercial real...
Florida’s Citizens Property Insurance Corporation has stopped agents from binding new coverage or increasing existing coverage anywhere in the state as Hurricane Isaias approaches the northern Gulf Coast. The restriction began at 11:05 a.m. Eastern on Wednesday. On...
Avalon Risk Management, a provider of commercial property insurance, is now offering a hurricane insurance product for multifamily and commercial property owners in most Tier 1 wind zones. The Scottsdale, Arizona-based company stated the new product can provide...