Swiss Re: Global Insured Catastrophe Losses Hit $80B in First Half August 6, 2025 By Manya Saini Global insured losses from natural catastrophes hit $80 billion in the first half of 2025, driven by the L.A. wildfires...
Munich Re Reports Insured Losses Hit $80B in First Half of Year, Driven by US Claims July 29, 2025 Natural disasters across the globe cost insurers $80 billion during the first half of 2025, up from $64 billion in...
California Department of Insurance Completes Final Review of Wildfire Model July 24, 2025 The California Department of Insurance completed a review of the state’s first wildfire catastrophe model, marking a dramatic change in...
Edison Sets Up Compensation Program for Victims of LA’s Eaton Fire July 24, 2025 By Mark Chediak Southern California Edison will set up a program to compensate victims of a deadly Los Angeles wildfire that it has...
First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by US Events July 16, 2025 By L.S. Howard Global insured losses during the first half of this year were at least $100 billion, and more than 90% of...
Insurance Group Calls for Collaboration to Cover Disaster Losses July 16, 2025 By Erica Yokoyama Public/private collaboration, beyond just insurance, is essential to narrowing the protection gap, as losses from natural disasters rise, the head...
California Surplus Lines Take-up Soars as Property Owners Eye Coverage Alternatives July 15, 2025 By Don Jergler The best way to tell that the California homeowners insurance market has been a bear is to see where buyers...
Opinion: State Farm’s Wildfire Claims Response a Test of Trust and Operational Preparedness July 8, 2025 By Chip Merlin State Farm has long positioned itself as the dependable “good neighbor” ready to help when disaster strikes. Through carefully crafted...
Deadly Floods Reinforce Texas’ Challenge as Crisis Epicenter July 7, 2025 By Brian K. Sullivan, María Paula Mijares Torres, Joe Lovinger and Mary Hui Before dawn Friday morning, city manager Dalton Rice went for a jog along the Guadalupe River in Kerrville, Texas. He...
Highway Robberies, Cargo Theft Now Just Part of Doing Business in Mexico July 2, 2025 By Andrea Navarro and Maya Averbuch Late one Friday night, a truck carrying sound equipment for legendary cumbia band Los Angeles Azules was pulled over along...