Underwriting Profit Triples for U.S. Property/Casualty Insurers in Early 2025 Despite Mixed Income
The U.S. P/C insurance industry posted a $11.5B underwriting gain in H1 2025, aided by fewer Q2 catastrophes, despite a sharp decline in investment-driven net income.
September 4, 2025
Catastrophe
Insurance Industry
Property
Underwriting
California
Georgia
Texas
Insurers Seek to Void Marine Policy After Yacht Crash Off California Coast
Specialty insurers are asking a California court to void a yacht policy after a collision, alleging the insured failed to meet critical warranty and disclosure terms.
September 2, 2025
Excess & Surplus Lines
Insurance Industry
Litigation
Marine
California
Texas
Smarter Repair Strategies Help Insurers Tackle Rising Commercial Property Claim Costs
Rising repair costs and labor shortages are reshaping commercial property claims, but managed repair models and pre-loss agreements offer faster, smarter solutions.
August 29, 2025
Catastrophe
Insurance Industry
Property
Risk Management
California
How Large Language Models Are Transforming Catastrophe Risk Modeling
Large language models are reshaping catastrophe modeling by integrating real-time unstructured data, enabling insurers to shift from reactive assessment to proactive mitigation.
August 26, 2025
Catastrophe
Property
Risk Management
Technology
California
Key Loss Adjusting Trends Shaping Property Claims in 2025
Sedgwick’s 2025 Loss Adjusting Insights Report explores the top nine trends—from tariffs and tech to legislation and climate change—reshaping property claims today.
August 25, 2025
Catastrophe
Legislation & Regulation
Property
Technology
California
Florida
Hawaii
Illinois
Iowa
Camaro ZL1 Becomes Top Target for Thieves as Muscle Car Thefts Surge
Chevrolet Camaro ZL1 tops latest HLDI rankings for whole-vehicle thefts, with theft rates nearly 40 times the average; Hyundai and Kia see results from anti-theft software.
August 20, 2025
Auto
Property
Risk Management
Technology
California
Maryland
Mississippi
Tennessee
Texas
JPMorgan Must Defend Elder Fraud Arbitration Claim from Widow
A federal judge ruled that JPMorgan must face arbitration over claims it failed to prevent a widow’s son from stealing $8.4 million from her bank accounts after her husband’s death.
August 20, 2025
Fraud
Legislation & Regulation
Litigation
Risk Management
California
Florida
Massachusetts
New York
Record-Breaking Insured Losses in 2025 Highlight Growing Impact of U.S. Wildfires and Storms
The first half of 2025 brought $84 billion in insured catastrophe losses, driven by U.S. wildfires and severe convective storms, making it the costliest H1 since 2011.
August 14, 2025
Catastrophe
Insurance Industry
Property
Risk Management
California
Florida
New Jersey
New York
North Carolina
Columbia University Data Breach Impacts 870,000 People With Personal, Academic, and Financial Details Exposed
Columbia University reports a cyberattack compromising personal, academic, and financial data of nearly 870,000 individuals, with investigations and notifications ongoing.
August 11, 2025
Education & Training
Insurance Industry
Risk Management
Technology
California
Maine
California Defense Firm and Investor Settle Cybersecurity Violations for $1.75 Million
Aero Turbine and Gallant Capital will pay $1.75 million to resolve False Claims Act allegations tied to cybersecurity failures in an Air Force contract from 2018 to 2020.
August 5, 2025
Insurance Industry
Litigation
Risk Management
Technology
California
What Golden Retrievers Are Teaching Us About Wildfire Smoke Exposure
A new study on golden retrievers reveals how wildfire smoke impacts pet and human health, with implications for insurance costs, coverage, and long-term risk management.
August 5, 2025
Insurance Industry
Life & Health
Property
Risk Management
California
Colorado
Oregon
California FAIR Plan Faces Legal Action Over Alleged Smoke Damage Claim Denials
California’s insurance commissioner accuses the FAIR Plan of violating claims laws and misleading regulators over wildfire smoke damage coverage, sparking a rare enforcement case.
August 4, 2025
Catastrophe
Legislation & Regulation
Litigation
Property
California
Colorado
Former Insurance Agent Accused of Defrauding Clients in Fake Marijuana Investment Scheme
A former insurance agent in California has been charged with stealing over $1.8 million from clients in a fraudulent cannabis investment scheme called ‘House of Green.’
August 1, 2025
Fraud
Insurance Industry
Legislation & Regulation
Litigation
California
Rising Litigation Costs and Tort Reform Momentum Shape Liability Claims in 2025
Tort reform efforts in states like Georgia and Florida are reshaping the liability claims landscape in 2025, as litigation costs soar and attorney involvement rises rapidly.
August 1, 2025
Insurance Industry
Legislation & Regulation
Liability
Litigation
California
Delaware
Florida
Georgia
Louisiana
US Natural Disasters Push Insured Losses to $80 Billion in First Half of 2025
Munich Re reports $80B in insured losses globally for H1 2025, largely due to record-setting wildfires in Los Angeles and widespread US storm activity earlier this year.
July 29, 2025
Catastrophe
Insurance Industry
Property
Risk Management
California
