The seemingly unstoppable rise of catastrophe bonds may now be eroding the market share of reinsurers. After years of raising...
insured losses News
Gallagher Re estimates global insured losses from natural catastrophes during the first nine months of 2025 will hit $105 billion,...
Earth’s nastiest and costliest wildfires are blazing four times more often now than they did in the 1980s because of...
Federal authorities arrested a 29-year-old man on charges that he intentionally started the blaze that days later became the Palisades...
Edison International expects to begin accepting applications “well before” Thanksgiving to compensate victims of the deadly Eaton Fire that destroyed...
Two years ago, extreme rainfall inundated Hong Kong, submerging cars and flooding malls. When another round of record rains drenched...
At a church parking lot near Los Angeles, two hazmat-suit-clad workers vacuumed and wiped most of the contents of Elle...
The cost of property insurance in the U.S. rose to an all time-high in the first half of the year,...
Insured losses exceeded $47.2 billion in Texas last year—a 4.2% increase over 2023, according to a new property/casualty market report...
The manager of the cargo ship that caused the collapse of Baltimore’s Key Bridge in March 2024 should be denied...