3. Incentivizing Policyholder Risk Mitigation

9. Policyholders Become Their Own Risk Managers

The insurance industry is increasingly communicating with policyholders and the public about non-peak perils as more severe events and losses occur.

7. Reinsurance Market Adapts by Focusing on Resilience and Stability

The reinsurance market plays a crucial role in managing and mitigating risks in the insurance industry.

4. Beyond Models: The Importance of Underwriting in Non-Peak Perils

Underwriting is no longer as simple as relying on tools or models to generate an adequate number.

2. Neighboritis: The Social Phenomenon Driving Up Insurance Costs

Non-peak peril trends include inflation, exposure growth, suburban sprawl, deferred maintenance, building in the Wildland-Urban Interface, increased precipitation, extreme heat waves, and social phenomena like "neighboritis" and legal system abuse.