The Jones Road Wildfire near Toms River has burned 8,500 acres with less than 10% containment, prompting evacuations and threatening over 1,000 structures in Ocean County, New Jersey.
With La Niña officially over and El Niño unlikely, the Atlantic may face an active hurricane season as neutral Pacific conditions remove key storm barriers.
After insurers refused to pay for contamination testing, Eaton Fire survivors shared private test results online, exposing widespread toxic exposure and coverage gaps.
Agentic AI agents are reshaping property claims handling by helping adjusters automate routine tasks, reduce cycle times, and focus on customer-centric problem-solving.
As natural catastrophe and extreme weather losses escalate globally, insurers, developers, and financiers must rethink risk management to keep renewable energy projects insurable and bankable.
Buffalo Trace Distillery in Kentucky is cleaning up and inspecting barrels after severe flooding, with plans to resume bottling and reopen its visitor center soon.
As billion-dollar weather disasters escalate, combining parametric and traditional insurance offers a faster, more adaptive recovery solution for policyholders across the U.S.
As climate risks intensify and supply chain uncertainty grows, insurers and businesses are rethinking business interruption coverage and the risks of underreporting exposures.
With protests surging worldwide, civil unrest, terrorism, cyber-attacks, and state-sponsored sabotage are key threats businesses face, according to an Allianz report.
Despite regulatory efforts to improve conditions, California’s insurance market continues to face challenges from increasing catastrophe risk, outdated pricing rules, and growing FAIR plan reliance.
As extreme weather drives up insurance rates nationwide, a few Midwestern states still offer annual home insurance premiums under $1,200 thanks to lower risk and better mitigation.
Insured losses from January’s Southern California wildfires are now projected to exceed $30 billion, with insurers facing wide-ranging impacts based on exposure and reinsurance strategies.
One year after the Baltimore Bridge collapse, Howden highlights the marine insurance sector’s need for adaptability amid complex claims and a competitive market environment.
The European Commission is exploring whether to count international carbon credits toward its 2040 climate goals, a shift that could ease pressure on EU-based industries.