Explore how calendar year incurred losses impact insurance companies through claims, reevaluations, and reserve changes, ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of ...

The recent fires in California had a devastating impact on various communities, with many homeowners losing or facing severe damage to their properties. As residents begin the challenging process of ...

The main role of a Loss Adjuster is to determine the cause of the loss, whether the event that triggered the claim is covered under the policy; the extent of the damage or loss, indicating how much ...

"Experiencing a total loss goes beyond the financial impact, it is often a very emotional and overwhelming time for a homeowner," says Diane Delaney, executive director at Private Risk Management ...