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Home insurance cost hikes slowed at the end of 2023 Some say the crisis may be nearing its end

Home insurance rates in Florida far outpaced inflation over the 18 months that ended on Dec. 31, but the rate of increase slowed in the fourth quarter of 2023 to its lowest point of the period. And many insurance insiders are optimistic that rates will continue to stabilize this year and next, barring a big costly you-know-what. According to an analysis by the South Florida Sun Sentinel of .

Asia Pacific Losses US$65 Billion In Economy Due To Natural Disasters

Natural disasters cost the Asia-Pacific region an economic loss of US$65 billion. Read more here. A recent study said natural disasters cost the Asia-Pacific region an estimated US$65 billion in economic damages last year, primarily from China's disastrous floods and India's drought.

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