Global demand for data centers is driving construction growth, but rising costs, labor shortages, and climate risks are reshaping insurance pricing and underwriting strategies.
New York AG Letitia James secured $975,000 from Root Insurance after a website vulnerability allowed hackers to steal over 44,000 New Yorkers’ driver’s license numbers.
Following tornadoes and severe storms on March 15, Kentucky is allowing unlicensed emergency adjusters to temporarily register and operate in three affected counties.
New York Attorney General Letitia James has filed a lawsuit against National General and its parent company, Allstate, alleging failures in protecting consumer data, leading to two cyberattacks that exposed thousands of driver’s license numbers.
Safelite and a former employee reached a $31 million settlement in lawsuits alleging the company engaged in fraudulent billing practices for auto glass repairs and cleaning services.
A tornado touched down near Orlando, Florida, striking a TV station during a live weather broadcast. Meteorologist Brooks Garner stayed on air as the storm passed over the studio.
A motorist in Denver narrowly avoided a suspicious insurance fraud attempt when a reckless Hummer H2 driver suddenly braked and reversed toward their vehicle. Thanks to a dash cam, the incident was recorded, showing what appears to be either an attempted scam or extreme road rage.
Maryland saw 165 wildfires in 2024, burning 953.4 acres. Arson was the leading cause, while the Eastern region had the most fires and acres burned. Learn more about key trends.
A Washington, D.C. landlord was convicted of second-degree murder after two tenants died in a fire due to severe safety code violations, including blocked exits and missing smoke alarms.
A recent poll highlights the biggest obstacles to addressing the global insurance protection gap, with conflicting priorities, data gaps, and regulatory issues emerging as major challenges.
Traditional models for assessing severe convective storm risk rely on broad proxies like ZIP codes and roof age. AI-driven property-specific models offer insurers a more precise approach.
Over 33,000 insurance claims have been filed following the Los Angeles County wildfires, with insurers paying $6.9 billion to date. California’s insurance commissioner has issued orders to expedite claim payments and prevent policy cancellations.
A new Lloyd’s systemic risk scenario reveals that a hypothetical extreme solar storm could result in a global economic loss of $2.4 trillion over five years.
Thieves have stolen nearly $2 million worth of Nike sneakers from BNSF trains in California and Arizona in a series of well-coordinated heists since last March. Despite multiple arrests, including a suspected ringleader, the thefts persist.
Texas beekeepers have lost nearly two-thirds of their honey bee colonies, threatening pollination services and increasing produce costs. Experts cite multiple factors but lack a clear cause.