A devastating tornado tore through southeastern Missouri on Wednesday morning, killing at least five people and leaving widespread destruction as authorities warned of more twisters.

Catastrophe losses were the driving force behind the 17 impairments of US property & casualty insurers in 2021, according to a new report by AM Best.

Hurricane forecasting and warning systems have greatly improved in recent years, providing residents with valuable time to plan, but preparedness remains paramount in south Louisiana as another tropical storm season approaches, federal and state officials said at the start of a national conference in New Orleans on Monday.

Michigan’s no-fault system reform law, effective in 2020, has led to personal auto insurers paying out fewer claims and many drivers paying less in premiums, according to recent research by two Triple-I nonresident scholars.

Artificial intelligence, all the rage in popular culture, is not a new fad in the insurance market, where it quietly powers operations that make businesses run more efficiently, at lower costs and with fewer errors.

The non-bank sector now accounts for half of the assets of the entire world financial system and should be more closely regulated to protect its stability, staff economists from the International Monetary Fund said on Tuesday.

California Commissioner Ricardo Lara has announced that Kemper Independent Insurance Company overcharged its policyholders for their wildfire insurance coverage. As a result, that insurer has issued $1.5 million in refunds to thousands of homeowners.

Louisiana Insurance Commissioner Jim Donelon on Tuesday (April 4) unveiled a package of proposed new laws he wants the legislature to approve during the upcoming legislative session.

Drones have been deployed by insurers and risk managers for several years to better assess risks, respond to catastrophes and improve claims efficiency.

The storms of life exist to teach valuable lessons -- literally and figuratively. In the world of insurance, post-catastrophe analysis is crucial for making effective changes in a response plan to continue improving year over year.

Distracted driving has become a deadly epidemic on our roads. Cell phone use -- specifically, texting, talking, and social media use -- has become the most common distraction.

The United States is Earth’s punching bag for nasty weather. Blame geography for the U.S. getting hit by stronger, costlier, more varied and frequent extreme weather than anywhere on the planet, several experts said.

There were 1,778 ‘supply-chain risk events’ across the United States and Canada in 2022, an increase of 15% from 2021, according to CargoNet, a commercial theft-prevention and recovery service.

A new report shows that Illinois is a top state for so-called ‘thermonuclear verdicts.’

Parts of the Midwest and South devastated by catastrophic tornadoes will have almost no time to recover before another round of dangerous storms takes aim at hard-hit areas.