Are Captives the Answer for Uninsured HOAs? Utah Opens Door When actuary Greg Fears attended a Western Region Captive Insurance Conference in April, he expected to learn and share information... Read More
Fall Forecast Calls for Stubborn Heat, Increased Wildfire Risks, Severe Weather Summer heat is expected to last well into autumn across much of America, bringing an increased risk of wildfires and... Read More
Extreme Weather Sends Insured Losses 70% Above Historical Norms Natural catastrophes caused about $62 billion of insured losses in the first half of 2024 — roughly 70% above the... Read More
Wildfire in California Now State’s Fifth Largest on Record, Destroyed 277 Structures The Park Fire near Chico, California, at 609 square miles is now the fifth largest wildfire in history, destroying 277... Read More
AM Best: Migration to Cat-Prone States Fueled Record HO Underwriting Losses in 2023 The U.S. homeowners insurance segment suffered a $15.2 billion underwriting loss in 2023, more than double the loss seen in... Read More
Meta to Pay $1.4B to Settle Texas Facial Recognition Data Lawsuit Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the state’s lawsuit accusing the Facebook parent of... Read More
AccuWeather: Tropical Threat Developing in Atlantic Could be Next Named Storm Debby could be the next name most frequently out of the mouths of hurricane watchers and emergency responders. Meteorologists tracking... Read More
Cannabis Firm Fights Insurer’s Denial of Business Income Loss Claim Following Fire A Berkshire Hathaway insurer is insisting it does not owe $1.3 million in claimed business income losses to a cannabis... Read More
Bridging the Flood Insurance Gap – A Call to Action Hurricane Beryl caused destruction and loss across Texas and throughout the middle of the country, reminding us, once again, of... Read More
Allstate’s National General Sued by DOJ Over Alleged Force-Placed Insurance ‘Scheme’ Allstate’s National General auto insurance brand has been sued by the U.S. Department of Justice over allegation that National General... Read More