As the seasons change, so do the risks for insurance carriers and commercial property owners. While many people look forward to the spectacular fall foliage and dip in temperatures, it's important to realize that the transition to the cooler weather seasons brings a unique set of risks that result in an uptick of claims. Offering a seasonal commercial inspection will provide you with the ideal opportunity to discuss these risks with property owners as well as strengthen relationships.

Thanks to emerging technology, today's insurance carriers are able to utilize a wealth of tools and resources to more accurately evaluate risk, determine quotes, and manage claims instead of relying on guesswork. More technological enhancements are coming down the pipe to help insurance carriers and property owners be even more prepared for the unexpected: predictive analytics.

While we knew Hurricane Michael would be bad, weather forecasters did not predict how extreme the storm would be. Hurricane Michael ended up being the most powerful storm in history to hit the Florida panhandle and is considered to be the third worst hurricane on record to make landfall in the United States.

Despite advancements in sensors and smart home technology, people are more likely to die from a fire in their own home than they were a few decades ago.

2018 is rapidly coming to a close, and it's important to acknowledge how technology has disrupted the property and casualty insurance insurance industry over the past year. While the industry historically has been slow to adopt technology, the influx of Insurtech companies in recent years has caused insurance carriers to embrace digital trends in order to be competitive.

Although the fall season has just begun, some homeowners are already dreaming up their next renovation project. However, before diving into a home renovation, it's important that insureds are aware that some renovations can impact their homeowner's insurance and level of coverage.

Since we're currently in the height of hurricane season and dealing with the aftermath of Hurricane Florence, many property owners are thinking about how they would deal with water damage in the event that disaster strikes.

We're currently in the height of hurricane season, which has many property owners wondering if they have proper or sufficient flood insurance in place. Considering that hurricanes can wreak havoc on personal residences and commercial properties within a matter of hours, it's imperative that property owners are aware of what their insurance covers and what the limitations are.

There's a lot of buzz about how advancements in inspection technology can allow property and casualty insurance carriers to more accurately underwrite risk. With a downward profitability trend, insurance carriers are under pressure to protect margins. Making a property inspection part of the underwriting process can help insurance carriers best determine which risks are worth taking.

We've talked about how climate change is impacting the risk of flooding, particularly with coastal properties. Currently, more than 300,000 homes are at risk of flooding more than 26 times in one calendar year. As our climate continues to change, we can expect the rising sea levels to impact significantly more properties.