U.S. P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red July 3, 2024 By Chad Hemenway For the second year in a row, the U.S. property/casualty industry booked an underwriting loss of more than $20 billion...
U.S. Home Insurance Still Priced Too Low for Climate Risk, Says Swiss Re Chair July 2, 2024 By Leslie Kaufman This has been a year of insurance sticker shock in the US. But the man who provides insurance to insurers...
California Wildfire Outlook: ‘A Challenging Season for Firefighters’ July 1, 2024 By Don Jergler While the official start to California’s wildfire season is still a ways off, the best forecast of what’s ahead may...
The White House Wants $4B to Rebuild Key Bridge in Baltimore And Respond to Other Disasters July 1, 2024 By Seung Min Kim The White House is seeking roughly $4 billion in additional emergency funding from Congress for costs related to the collapse...
Record-Breaking Hurricane Beryl Is Getting Stronger on a Path to Grenada July 1, 2024 By Brian K. Sullivan Record-breaking Hurricane Beryl is intensifying as it churns through the Caribbean south of Grenada, where it’s forecast to unleash catastrophic...
The Problem(s) With Hail Claims – Part 2 June 28, 2024 By Bill Wilson Read the first part in this series, The Problem(s) With Hail Claims, Part 1: A Cautionary Tale for Insureds and...
Report: 1K-Plus Properties Damaged, Destroyed in New Mexico Wildfires Could Cost $370M June 27, 2024 More than 1,000 residential properties in New Mexico may have been damaged or destroyed by wildfires in New Mexico, according...
Floodwaters Inundate Midwest, Where Flood Insurance is Rarely in Force June 26, 2024 By Ezra Amacher Floodwaters damaged hundreds of properties this week across parts of Nebraska, Iowa, Minnesota and South Dakota as the Midwest recovers...
Hundreds of Thousands in Southeast Now in Flood Zones With New Maps June 25, 2024 By William Rabb Many more properties, including hundreds of thousands of homes across Florida and other parts of the Southeast, will be required...
Wildfire Threats Make Utilities Uninsurable in U.S. West June 24, 2024 By Mark Chediak Trinity Public Utilities District’s power lines snake through the lower reaches of the Cascade Range, a rugged, remote and densely...