From high-limit liability to cyber protection and paparazzi risks, insuring a celebrity wedding like Swift and Kelce’s involves complex underwriting and custom coverage.
Large language models are reshaping catastrophe modeling by integrating real-time unstructured data, enabling insurers to shift from reactive assessment to proactive mitigation.
Sedgwick’s 2025 Loss Adjusting Insights Report explores the top nine trends—from tariffs and tech to legislation and climate change—reshaping property claims today.
Hurricane Erin, now a powerful Category 4 storm, is forecast to bring dangerous surf and rip currents to the eastern U.S., prompting mandatory evacuations in coastal North Carolina.
Climate Central will take over the halted NOAA database of billion-dollar disasters, expanding its scope to support insurers, researchers, and public safety planning.
The first half of 2025 brought $84 billion in insured catastrophe losses, driven by U.S. wildfires and severe convective storms, making it the costliest H1 since 2011.
Tropical Storm Erin may strengthen into a hurricane by Friday, with potential impacts including high surf and rip currents in the northern Leeward Islands, Virgin Islands, and Puerto Rico.
NOAA’s updated 2025 Atlantic hurricane forecast still calls for above-normal activity, with 13-18 named storms expected and up to five major hurricanes possible.
A new AICPA survey finds 37% of Americans impacted by natural disasters experienced fraud, with identity theft and contractor scams among the top reported schemes.
A mechanical failure caused a tractor-trailer to rupture along I-83 in Shrewsbury, Pennsylvania, spilling a load of hot dogs and briefly halting traffic in both directions.
California’s insurance commissioner accuses the FAIR Plan of violating claims laws and misleading regulators over wildfire smoke damage coverage, sparking a rare enforcement case.
Although the Atlantic hurricane season began quietly, meteorologists warn that most tropical activity typically occurs after August 1 and that conditions are ripe for storms ahead.
Allstate reversed massive losses by refining its underwriting strategy, focusing on risk selection, pricing precision, and catastrophe readiness to deliver billion-dollar gains.
As AI-fueled mega data centers multiply, insurers face mounting pressure to provide sufficient capacity and specialized coverage to meet soaring operational risks.
An 8.8 magnitude quake near Russia’s Kamchatka Peninsula triggered tsunami alerts across the Pacific, spotlighting flood insurance gaps and the unpredictability of natural disasters.