Florida’s Home Insurance Industry May Be Worse Than Anyone Realizes April 24, 2024 By Leslie Kaufman Seven property insurers in Florida went bankrupt in 2021 and 2022. The bankruptcies left thousands of homeowners scrambling to get...
South Carolina Allows Out-of-State Adjusters After Massive Hail Storm April 23, 2024 In the wake of last week’s widespread hail storm that damaged homes and automobiles, the South Carolina director of insurance...
What Is Volt Typhoon, the Hacking Group the FBI Warns Could Deal a ‘Devastating Blow’? April 22, 2024 By Raphael Satter and James Pearson China is developing the “ability to physically wreak havoc” on U.S. critical infrastructure and its hackers are waiting “for just...
Report Using Aerial Imagery Keys in on Hailstorm Risks to Colorado Homes April 22, 2024 A report looking at 1.2 million homes in Colorado shows risks in the one of the top states for hail-related...
Gallagher: Global Insured Natural Disaster Claims Again Dominated by Severe U.S. Storms April 19, 2024 By Lisa Howard Global insured losses from natural catastrophes in the first quarter were estimated at $20 billion, with U.S. claims accounting for...
The Cars of The Future Are Arriving. How Can Auto Insurance Adapt? It’s Complicated. April 19, 2024 By Tanguy Catlin and Doug McElhaney When cars began to hit American roads in great numbers a little more than a century ago, they did more...
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...