FEMA Partners with 27 Reinsurers to Transfer $758M in Flood Insurance Risk

FEMA has expanded its flood insurance reinsurance program for 2025, transferring $758 million in risk to 27 private reinsurers and covering portions of losses from catastrophic flood events.
January 21 Catastrophe Insurance Industry Property Risk Management

Consumers Weigh in on AI Use in Severe Weather Insurance

A new report reveals mixed consumer opinions on insurers using AI for severe weather predictions, highlighting the need for transparency and education to build trust in these tools.
January 21 Insurance Industry Property Risk Management Technology Connecticut

Efforts Intensify to Combat Fraud Targeting Wildfire Survivors in Southern California

California authorities, including Insurance Commissioner Ricardo Lara, are addressing rising fraud cases after wildfires, deploying resources to protect survivors and prosecute scammers.
January 21 Catastrophe Fraud Litigation Risk Management California

Florida and Alabama Declare Emergencies as Rare Snowstorm Approaches

Florida and Alabama declared states of emergency as a rare snowstorm approached the region, prompting closures, emergency measures, and National Guard activation.
January 21 Catastrophe Insurance Industry Legislation & Regulation Risk Management Alabama Florida

Cyber Insurance Growth Set to Continue Amid Evolving Threat Landscape

As cyber risks grow more complex, the insurance market is evolving with higher limits, new coverage options, and reinsurance strategies to meet increasing demand.
January 20 Insurance Industry Risk Management Technology

General Motors Agrees to FTC Settlement Over Driver Data Privacy Issues

General Motors will be restricted from collecting and sharing driver data for five years following an FTC settlement addressing claims of undisclosed data sales to third parties.
January 20 Legislation & Regulation Litigation Risk Management Technology Texas

LA Wildfires Cause $1.9M Average Insured Loss Per Structure, Over 17,000 Properties Impacted

The Palisades and Eaton wildfires in Los Angeles have damaged or destroyed 17,027 structures, with estimated insured losses reaching $32.5 billion, making this one of the costliest wildfire events in U.S. history.
January 20 Catastrophe Excess & Surplus Lines Property Risk Management California

What the Basquiat Forgeries Teach About Art Insurance for Homeowners

The $19.7 million Basquiat forgery case highlights the importance of proper appraisals and tailored insurance coverage for art and collectibles, even for homeowners.
January 20 Insurance Industry Litigation Property Risk Management Florida

Cyber Risks Dominate Global Business Concerns as Climate Change Climbs Rankings

Cyber incidents, including ransomware and IT disruptions, top the global risk list for the fourth consecutive year, while climate change rises to its highest position ever in the Allianz Risk Barometer.
January 20 Insurance Industry Risk Management Maryland

Transforming Change Management for the AI Era

Traditional change management strategies no longer work in today’s fast-paced, AI-driven world. Amy Radin outlines a revolutionary, people-focused approach to organizational transformation.
January 17 Education & Training Insurance Industry Risk Management Technology

Insurance Challenges and Strategies in the Growing Space Debris Crisis

The rising threat of space debris poses significant challenges to insurers, necessitating innovative solutions for risk assessment, liability management, and global collaboration.
January 17 Insurance Industry Liability Risk Management Technology

Property & Casualty Insurance Market Sustains Underwriting Profit Growth into 2025

The U.S. property and casualty insurance industry is poised for continued profitability, fueled by improving personal auto results, economic growth, and challenges in commercial lines.
January 17 Auto Property Underwriting Workers' Compensation

AI Tools Drive Workplace Mental Health Support Innovation

Workplace mental health strategies are transforming as AI-powered tools rise in popularity, traditional EAPs face challenges, and employee needs evolve, per Unmind’s 2025 survey.
January 17 Insurance Industry Risk Management Technology

Texas Accuses Allstate of Illegally Using Driver Data to Raise Insurance Rates

Texas has sued Allstate, claiming it illegally gathered sensitive driver data without consent, used it for underwriting, and sold it to third parties, violating state privacy laws.
January 14 Auto Legislation & Regulation Litigation Technology Texas

Most Homeowners Feel Ready for Severe Weather Despite Rising Risks

A recent IRC survey reveals that while most homeowners feel prepared for severe weather, awareness of mitigation strategies, premium savings, and legal system impacts remains limited.
January 14 Catastrophe Litigation Property Risk Management

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