According to a risk-modeling firm, Hurricane Ian will cost private US insurers $63 billion in claims and result in the largest storm-related losses in Florida history. Karen Clark & Co. said in a report Friday that the forecast includes losses to residential, commercial, and industrial properties, as well as automobiles. Previous estimates cited by industry… Continue reading Insured Loss Estimates from Ian Keep Rising
Tag: coasta property insurance
SageSure and SURE Prevent Coverage Interruption for 14K+ South Carolina Homeowners
SageSure, the insurance first, tech-forward managing general underwriter for coastal property, announced today the completed transfer of more than 14,000 South Carolina homeowners insurance policies from FedNat Insurance Company to its carrier partner SURE. The member-owned property insurance company SURE entered the South Carolina homeowners insurance market in June 2022, and will assume these policies.… Continue reading SageSure and SURE Prevent Coverage Interruption for 14K+ South Carolina Homeowners