Does 15-Year Roof Age Rule Discourage More Wind-Resistant Products? January 24, 2025 By William Rabb After Hurricane Milton swept through parts of southwestern Florida in October, aerial drone images showed condominium buildings with large sections...
Moody’s Expects L.A. Wildfires to Increase Property Insurance Costs Across State January 24, 2025 Moody’s Ratings said in a report on Thursday that it expects the Los Angeles wildfires to increase property insurance costs...
Insurance Commissioner Orders Advance Payments on Claims for LA Wildfire Survivors January 24, 2025 California Insurance Commissioner Ricardo Lara is asking all California insurance companies to provide advance payments on claims for Los Angeles...
Report Shows Cargo Theft Surged to Record Levels in 2024 January 23, 2025 Last year saw record-breaking cargo theft activity across the United States and Canada, with 3,625 reported incidents representing a 27%...
KCC Estimates Losses From Palisades And Eaton Fires in LA to Be Near $28B January 23, 2025 Losses from the Palisades and Eaton fires near Los Angeles will be close to $28 billion, catastrophe modeler KCC reported...
New Wildfires Erupt in California, Forcing Thousands to Evacuate January 23, 2025 By Brian K. Sullivan Two new wildfires that erupted in Southern California are spreading quickly over dry hillsides and forcing evacuations, stoking new fears...
Growing Concerns About Wildfires in Carolina Thanks to Kindling Left by Helene January 22, 2025 By William Rabb As southern California continues to suffer from wildfires, officials in another part of the country fear their area could be...
Treasury’s FIO Releases ‘Flawed’ Homeowners Insurance Report, Industry Says January 22, 2025 By Chad Hemenway The U.S. Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in...
Wildfire-Risk Models Are Struggling to Predict LA-Style Fires January 22, 2025 By Gautam Naik Among natural disasters, wildfires are the great unknown. Even the most-sophisticated scientific models fail to capture all the risk factors...
Citigroup Must Face New York Lawsuit Over Handling of Fraud Scams January 22, 2025 By Jonathan Stempel A federal judge on Tuesday rejected Citigroup’s bid to dismiss a lawsuit by New York Attorney General Letitia James claiming...