Verisk estimates U.S. natural catastrophes account for $117 billion of the industry’s modeled annual insured losses, while extreme scenarios could push global losses well beyond $400 billion.
Federal prosecutors say Kevin Kolenda collected premiums for prize coverage but used aliases, a nonexistent claims department and other tactics to avoid paying claims when contestants won insured prizes.
Bring structure to complex commercial claims. Improve cycle time, control indemnity and deliver consistent outcomes at scale.
Recent surf damage in Southern California exposed significant flood insurance gaps as forecasters warn that El Niño could push coastal water levels higher this fall and winter.
Utah insurers declined to renew 4.45% of homeowners policies in 2025, putting the state ahead of California as wildfire exposure and underwriting restrictions reshape property insurance availability.
The EPA has repealed most Biden-era greenhouse gas requirements for coal- and gas-fired power plants and proposed eliminating the remaining federal standards, setting up another round of regulatory and legal disputes over power-sector emissions.
Prosecutors allege a Suffolk County asbestos removal company understated its workforce, payroll and job hazards when obtaining workers’ compensation insurance, resulting in more than $163,000 in unpaid premiums.
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Tracking 1215 alerts across 874 counties in 34 states Updated 9/16 7:18 PM EST
Severe storms, floods, fires, and freezes are landing in places with no loss history, and the models, codes, and instincts built on that history are falling behind. What an adjuster deployed to unfamiliar territory should expect and how to prepare.
Extreme rainfall is flooding communities that never bought flood coverage, and adjusters are the ones explaining the exclusion. Using Helene and other inland floods, this article covers the coverage determinations, NFIP coordination, and the hardest conversation in property claims.
Wildfire now burns suburbs in winter and destroys thousands of structures in a night. A field guide to total losses, smoke and ash claims in standing homes, split FAIR Plan policies, and the long displacement that follows.
