Stay informed on emerging issues and trends in the insurance industry.
Historically, subsidence has been a near-universal exclusion in property insurance policies. However, there is a high likelihood that earth movement will shift the property insurance landscape.
According to the industry forecasts so far, we can expect a very active hurricane season this year. Last year’s biggest impacts were on Florida’s gulf coast and throughout Appalachia. This year, it’s predicted that a major landfall is more likely on Florida’s east coast – anywhere from Miami-Dade to Duval County – and along the Texas coast.