Thousands Evacuate as Wildfires Devastate Los Angeles Area
Southern California faces extreme fire conditions fueled by hurricane-force winds, forcing mass evacuations and widespread power outages, with no immediate relief in sight.
January 8, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
California
How Data Innovation Is Shaping the Insurance Industry’s Response to Climate Risks
Presenters at Triple-I’s Joint Industry Forum spotlighted how granular data, innovative insurance products, and consumer education are closing climate-related protection gaps.
January 7, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
California
California Mandates Increased Home Insurance in Wildfire Zones
California introduces new regulations requiring insurers to increase home coverage in wildfire-prone areas, aiming to stabilize the insurance market and support homeowners.
January 3, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
California
What 2025 Holds for Climate: EVs, Coal, and Green Energy Shifts
In 2025, the global green transition faces challenges and opportunities, from rising EV sales and nuclear energy interest to increased coal reliance and stricter PFAS regulations.
January 3, 2025
Legislation & Regulation
Property
Risk Management
Technology
California
New York
Rising Home Insurance Nonrenewals Reshape Housing Market Across the U.S.
As climate-driven disasters increase, nonrenewed home insurance policies are surging nationwide, impacting property values, mortgages, and economic stability in vulnerable communities.
December 30, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
California
Colorado
Connecticut
Florida
California Faces Torrential Rains, Tornado Warnings, and Fires Amid Severe Weather Events
Northern California grapples with flooding and tornadoes, while Southern California battles wildfires and heat in an unprecedented stretch of extreme weather linked to La Niña and climate change.
December 26, 2024
Catastrophe
Insurance Industry
Property
Risk Management
California
Amazon Braces for Strike Threats During Peak Holiday Season
Teamsters union members in multiple cities threaten a pre-Christmas strike, pressuring Amazon to negotiate amid labor disputes over unionization and workplace rights.
December 19, 2024
Legislation & Regulation
Litigation
Risk Management
Workers' Compensation
Alabama
California
Georgia
Illinois
New York
Senate Report Blames Climate Change for Insurance Challenges as Industry Pushes Back
The Senate Budget Committee attributes rising non-renewal rates to climate change, but insurance experts highlight other drivers like inflation, litigation, and overbuilding.
December 19, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
Hawaii
Louisiana
Massachusetts
Millions of Homeowners Risk Being Underinsured for Detached Structures
AI-based analysis reveals nearly half of U.S. properties have overlooked secondary structures, highlighting risks for homeowners and insurers alike.
December 19, 2024
Property
Risk Management
Technology
Underwriting
California
Georgia
Montana
North Carolina
Rhode Island
California Insurance Agent Faces Fraud Charges Over $900K Long-Term Care Scheme
A former insurance agent in Cupertino has been charged with fraud after allegedly claiming over $900,000 in long-term care benefits for herself and her father under false pretenses.
December 12, 2024
Fraud
Legislation & Regulation
Life & Health
Litigation
California
Global Insurance 2025: Navigating Challenges to Achieve Growth
The global insurance industry faces inflation, natural disasters, and shifting demographics but finds opportunities for innovation and expansion into emerging markets.
December 9, 2024
Catastrophe
Property
Risk Management
Technology
California
Florida
New York
Washington
Homeowners Face Triple Disaster Risks and Insurance Gaps
Over 33,000 U.S. homes face extreme risks from three natural disasters, exposing gaps in insurance coverage and highlighting the urgent need for multi-peril resilience planning.
December 3, 2024
Catastrophe
Insurance Industry
Property
Risk Management
California
Florida
Texas
Washington
New York High Court Enforces Uber’s Arbitration Clause Despite Preexisting Injury Lawsuit
New York’s highest court has upheld Uber’s arbitration requirement in a case involving a preexisting injury lawsuit, ruling the company’s clickwrap agreement is a valid contract.
November 26, 2024
Legislation & Regulation
Liability
Litigation
Technology
California
Connecticut
Illinois
Massachusetts
New York
Thanksgiving Travel Expected to Break Records, Says AAA
Thanksgiving travel this year is expected to surpass pre-pandemic levels, with nearly 80 million Americans traveling by car, air, and other modes, setting new records across the board.
November 22, 2024
Auto
Insurance Industry
Risk Management
California
Florida
Hawaii
New York
Washington
Rising Climate Risks Drive 13% of US Homebuyers to Consider Moving
Concerns about natural disasters and climate risks are influencing 13.7% of US homebuyers to relocate, with low-risk areas seeing faster home value growth for the first time since 2010.
November 22, 2024
Catastrophe
Insurance Industry
Property
Risk Management
California
Florida
Texas
