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Insurance company puts staggering price tag on impacts of recent disasters: '2025 is not off to an encouraging start'
Insurance broker Aon assessed that there were $217.8 billion in total economic losses due to natural disasters in the United States in 2024, Insurance Journal reported. This U.S. figure exceeded the ...
Natural disasters such as floods, droughts, earthquakes, and extreme heat have become more frequent, with higher economic costs, due to climate change, urbanization, population growth and growing ...
Disasters such as wildfires are becoming increasingly frequent occurrences, leaving homeowners scrambling for ways to proactively protect themselves and recover financially. Traditional insurance ...
The severity of natural disasters in the United States has reached an overwhelming level recently, sparking unrest throughout the country. From the devastating wildfires in California and Hawaii to ...
Last year, the insurance industry saw 27 weather events that resulted in at least a billion dollars in insured losses, including hurricanes, floods, wildfires, and tornadoes. Overall, last year, ...
Many renters assume disasters are rare and believe landlords will take care of any serious damage. However, unexpected events such as fires, floods, or severe storms can happen at any time. When they ...
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