Supplemental Claims Don’t Need to Include Damage Estimates, Fed Appeals Court Says April 18, 2024 By William Rabb A federal appeals court has, at least for now, put an end to lingering questions about some property insurance claims...
AccuWeather: Record Warm Winter Costs Businesses Billions in Losses April 18, 2024 Unseasonably warm winter weather cost businesses and event planners in the northern Plains and upper Midwest billions of dollars in...
Wildfires Are Upending Some of the Safest Bets on Wall Street April 17, 2024 By Olivia Raimonde and Mark Chediak When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. An electric utility...
Small Businesses See Stable Business Climate; Cite Cybersecurity as Top Threat April 17, 2024 The first quarter Small Business Index, which measures small business owner confidence, is 62.3—similar to last quarter’s score of 61.3—reflecting...
CoreLogic Report Probes Evolving Severe Convective Storm Risk Landscape April 15, 2024 By Nehemiah Balaoro There were 141 days with large hail that fell on more than 10 million single and multifamily homes in the...
Europe’s Wildfires in 2023 Were Among Worst This Century: Report April 12, 2024 By Geert De Clercq The 2023 wildfire season in the Europe was among the worst this century, according to a European Commission report published...
Global Election Super-Cycle Raises Risk of Political Violence, Large Insurance Losses April 11, 2024 By Lisa Howard Almost half the world’s population will go to the polls before the end of 2024, which raises the threat of...
Inflation Contributes to Rising Loss Costs for US Commercial P/C Insurers: Fitch April 10, 2024 By Lisa Howard Inflation is bringing rising loss costs for US commercial property/casualty insurers, according to Fitch Ratings, which reviewed reports from three...
Why Near-Miss Cyberattack Put US Officials and Tech Industry on Edge April 9, 2024 By Raphael Satter German software developer Andres Freund was running some detailed performance tests last month when he noticed odd behavior in a...
Report: $2.1B Loss if Noneconomic Damage Caps Removed in Colorado April 8, 2024 A report from the Colorado Chamber of Commerce and the American Property Casualty Insurance Association estimates a proposal to remove...