Insurance

Rise in Natural Disasters Leads to Insurance Deficits

Published June 24, 2019

by Nicole Nouhra Disasters Increasing in Frequency and Severity Natural disasters in the United States are increasing in both frequency and severity. Since 2009 the number of catastrophes has doubled and the claims dollars paid out has quadrupled as reported by The Insurance Information Institute. Last year, California experienced some of the deadliest and most …

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