As billion-dollar weather disasters escalate, combining parametric and traditional insurance offers a faster, more adaptive recovery solution for policyholders across the U.S.

States across the U.S. are advancing bills to increase transparency in third-party litigation funding as concerns grow over rising insurance costs and legal system abuse.

Despite regulatory efforts to improve conditions, California’s insurance market continues to face challenges from increasing catastrophe risk, outdated pricing rules, and growing FAIR plan reliance.

Insured losses from January’s Southern California wildfires are now projected to exceed $30 billion, with insurers facing wide-ranging impacts based on exposure and reinsurance strategies.

California has more than doubled commercial coverage limits under its FAIR Plan, offering relief to property owners amid insurer withdrawals and increasing wildfire threats.

A Pennsylvania federal judge ruled that State Farm did not breach policy terms or act in bad faith by using its preferred loss estimation method, dismissing the homeowners’ lawsuit.

A major recall of Segway e-scooters due to a faulty folding mechanism poses significant injury risks to riders. Learn how this impacts potential liability and claims.

Lithium-ion batteries pose increasing fire and environmental risks during natural disasters, prompting insurers, governments, and consumers to rethink safety and response strategies.

Global demand for data centers is driving construction growth, but rising costs, labor shortages, and climate risks are reshaping insurance pricing and underwriting strategies.

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 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.

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.

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.

As extreme weather events grow in frequency and severity, insurers must adapt through innovation, risk modeling, and new risk transfer strategies to remain viable.

A former police officer and current attorney is accused of orchestrating an insurance fraud scheme involving inflated art valuations and false police reports.