Company Updates

PB: Many Homeowners in Tornado-Hit States Are Without Coverage

Data analyzed by the Associated Press reveals that many of the states hammered by what’s already the deadliest year for tornadoes in more than half a century have among the nation’s highest rates of homes without hazard insurance despite being among the most twister-prone.

That means the regions that most need the insurance are often the exact places that don’t have much of it. It also means many tornado victims may have a hard time getting compensated for their losses, putting more pressure on the federal government to help even though its assistance is limited by law. Read More at Program Business.