As catastrophic events become more frequent and severe, the property insurance industry faces unprecedented challenges necessitating significant adjustments to traditional strategies. Hurricanes, wildfires, and unexpected weather phenomena are increasingly impacting property risks, forcing insurers
Since 2022, the commercial property insurance sector has experienced significant changes, primarily driven by environmental, economic, and reinsurance challenges. This evolution has led to the adoption of risk-based pricing, a method that uses specific building risk profiles to calculate premiums
In a rapidly evolving commercial property market, the recent legal judgment involving Picturehouse Cinemas and London Trocadero LLP has captured the sector's attention. Industry expert Simon Glairy provides valuable insights into the case and its broader implications for landlords and tenants.
Amidst a sharp 50% hike in building insurance bills for former council homeowners, West Dunbartonshire Labour Councillors are calling for a reassessment of the Sold Block Building Insurance scheme. These residents, who had previously acquired their properties from the local authority, find
As climate change continues to assert its influence on ecosystems, regions, and global weather patterns, the property insurance sector finds itself amidst a compelling paradigm shift requiring adaptation and strategic evolution. Catastrophic events, once considered rare anomalies, are now
The landscape of homeowners insurance in the United States is undergoing a significant transformation as skyrocketing premiums leave millions of homes uninsured. In recent years, the affordability crisis in the insurance sector has worsened, impacting households across economic and ethnic
