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Burglary Ring Targets Homeowners, Swiping $4 Million in Jewels Over 6 Years

Burglary Ring Targets Homeowners, Swiping $4 Million in Jewels Over 6 Years

Police in Massachusetts recently broke up a “sophisticated” burglary ring that stole jewelry worth over $4 million from homes in 25 communities in the state over the past six years. According to the Massachusetts State Police Division of Homeland Security, the criminals allegedly targeted households they believed would have more jewelry, ABC News reported on April 27. [lgc_column grid=\"50\" tablet_grid=\"50\"…

Video: Modeling for Flood Insurance

Video: Modeling for Flood Insurance

During this webinar, our own Jacob Martin broke down the different types of modeling utilized in the Flood Insurance Market. Watch a highlight from the discussion below. https://vimeo.com/944130158/461a0a7f4a

Video: The Value of Flood Insurance

Video: The Value of Flood Insurance

During this webinar, our own Justin Pressly provided insights regarding the value of Flood Insurance. Watch a highlight from the discussion below. https://vimeo.com/944130593/cc7305f930

Video: Opportunities in the Flood Insurance Market

Video: Opportunities in the Flood Insurance Market

During this webinar, our own Sylvia Ornelas provided updates on opportunities within the Flood Insurance Industry. Watch a highlight from the discussion below. https://vimeo.com/944128988/506cc88005

Webinar: State of the Flood Market

Webinar: State of the Flood Market

During this webinar, we joined our award-winning Flood Practice Group and expert panel for a look into the current state of the flood market along with strategies for success as brokers navigate the current environment. Watch now below. https://vimeo.com/942127721/48a12ed6c8  

P&C Report: 2024 Q2 Outlook

P&C Report: 2024 Q2 Outlook

Following several years of double-digit rate increases and restrictive adjustments to Terms and Conditions (T&C), the Property Insurance sector has reached a point of relative stability. Rates are largely modest as insurers secure the required premium, now applying rates against a proper exposure basis—Insurance to Value (ITV). With few exceptions of traditional CAT-prone perils in specific geographies, most carriers are…

Homeowners Insurance Crisis: Rates Soar as More Carriers Leave Market

Homeowners Insurance Crisis: Rates Soar as More Carriers Leave Market

Soaring premiums, fewer carriers and worsening weather trends are contributing to an insurance crisis for homeowners in many areas of the U.S. In New Orleans, Louisiana, the market for Homeowners Insurance is \"crumbling,\" CNN reported March 29, with one resident telling the news outlet that his premiums increased from $1,600 per year in 2022 to $4,930 after his previous carrier…

Video: Personal Insurance Market Outlook

Video: Personal Insurance Market Outlook

During this webinar, our own Kate Wright provided updates on the Personal Insurance Market in Q2 2024. Watch a highlight from the discussion below. https://vimeo.com/932662022/25b2d4e237?share=copy

Webinar: P&C Market Outlook – Q2 2024

Webinar: P&C Market Outlook – Q2 2024

During this webinar, our expert panel reviewed valuable insights into Q2 2024 and discussed the personal and commercial insurance markets, brokerage and contract binding, and other key topics. Watch now below. https://vimeo.com/930799431/68b9519cb2?  

Report: Increasing Number of Homes Face Severe, Repetitive Flood Losses

Report: Increasing Number of Homes Face Severe, Repetitive Flood Losses

A growing number of homes covered by the National Flood Insurance Program are experiencing severe and repetitive flood losses, according to data from the Natural Resources Defense Council. The number of homes categorized as severe repetitive loss properties — meaning they have either had four or more separate building or contents claims of over $5,000, or two or more separate…

Valentine’s Day Jewelry Sales to Reach $6.4 Billion, Experts Warn of Uninsured Losses

Valentine’s Day Jewelry Sales to Reach $6.4 Billion, Experts Warn of Uninsured Losses

Consumers will spend a record-breaking $6.4 billion on Valentine\'s Day jewelry purchases this year, according to a recent survey from the National Retail Federation. The annual survey shows that total Valentine\'s Day spending in the U.S. will reach $14.2 billion, another record, INSTORE Magazine reported Jan. 30. Although consumers expected to spend an average of $185.51…

Ask the Expert Q&A: Residential Property Insurance

Ask the Expert Q&A: Residential Property Insurance

As today’s homeowners face the mounting pressures of inflation, worsening weather events and more, it is increasingly important for them to protect their assets with Residential Property Insurance policies such as Homeowners Insurance, Flood Insurance and Personal Articles Floaters. To learn more, Crain’s Content Studio spoke with Brandon​​​​ McCarty, Regional Practice Group Leader, Burns & Wilcox, Philadelphia, Pennsylvania. What are…

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