News Releases

IBHS Thunderstorm Ready guides provide actions to prepare homes, businesses ahead of spring severe weather

Richburg, SC, Feb. 11, 2025 – Ahead of spring storms, the Insurance Institute for Business & Home Safety (IBHS) urges home and business owners to use its Thunderstorm Ready guides to prepare now to reduce avoidable damage, especially to a structure’s roof, which serves as the first line of defense against severe weather. Last year, losses from severe storms alone reached $54 billion, making it the second-highest loss year on record, driven by 17 individual billion-dollar events.

Read more
News Releases

IBHS study shows parcel, community mitigation needed to limit devastation from conflagration events like Lahaina Fire

Richburg, SC, September 4, 2024 – A new report released today by the Insurance Institute for Business & Home Safety (IBHS) reinforces the need for action at both the parcel and community levels to reduce the likelihood of catastrophic conflagration during wildfires. The 2023 Lahaina Conflagration study concludes a system of mitigation strategies, including developing communities with greater structure separation, removing combustible connective fuels and hardening properties against ember and flame exposures, is needed to mitigate the devastation seen in the Lahaina Fire.    

Read more