
Embracing Adaptation and Resilience for a Sustainable Future
A new report highlights the insurance industry’s critical role in combating climate change, with a focus on adaptation, resilience, and a $71 billion revenue opportunity.
December 11, 2023
Catastrophe
Legislation & Regulation
Risk Management
Technology

Inaugural Innovation Summit Steers Climate Resilience from Ideation to Action
To foster better collaboration and transparency, the Catastrophe Resiliency Council proposes an Open Industry Exposure Database for climate risk research.
December 4, 2023
Catastrophe
Education & Training
Risk Management
Technology
Alabama
Pennsylvania

DuPont and Affiliates Settle Ohio Lawsuit for $110 Million Over Toxic Chemical Releases
DuPont, Chemours, and Corteva agree to pay $110 million to Ohio for environmental damage from PFAS chemicals used in a West Virginia facility, marking a significant legal resolution.
December 1, 2023
Catastrophe
Legislation & Regulation
Litigation
Property
Delaware
Ohio
West Virginia

Scrutiny on Florida’s Citizens Property Insurance Amid Climate Change Concerns
U.S. Senate Budget Committee investigates Florida’s Citizens Property Insurance Corp’s preparedness for underwriting losses due to extreme weather, highlighting the challenges of climate change on insurance.
December 1, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management

Tragic Floorboard Collapse in South Carolina Reveals Hidden Well, Leading to Elderly Woman’s Death
In a bizarre and tragic accident, an elderly woman falls through deteriorating floorboards into an unknown well shaft in a century-old South Carolina home.
November 30, 2023
Catastrophe
Insurance Industry
Property
Risk Management
South Carolina

US Issues Caution for Maritime Shipping in Red Sea Amid Rising Attack Risks
The US warns of increased dangers for ships in the Red Sea and Gulf of Aden, with recent attacks and suspicious activities heightening risks and insurance concerns.
November 28, 2023
Catastrophe
Insurance Industry
Marine
Risk Management

Commercial Underwriting: Risk Factors That Matter
Understanding the complex landscape requires both foresight into identifying the right risk variables and a modern technology stack.
November 28, 2023
Catastrophe
Risk Management
Technology
Underwriting

Glimmers of Good News on Climate (Finally)
Stunning declines in the cost of solar and wind power are rapidly adding renewables to the world’s energy mix.
November 28, 2023
Auto
Catastrophe
Risk Management
Technology
Georgia
New Jersey

Understanding the Nuances of ’Falling Objects’ in Insurance Coverage
A condominium’s claim for damage caused by unstable excavation material highlights the intricate interpretations of ’falling objects’ in insurance policies.
November 27, 2023
Catastrophe
Litigation
Property
Risk Management
Minnesota

Chubb Report Reveals Misconceptions Among US Mid-Market Companies Regarding Flood Risks
Chubb’s new report highlights a significant gap in understanding among US mid-market companies about the extent of flood risk and insurance coverage.
November 21, 2023
Catastrophe
Insurance Industry
Property
Risk Management

Rising Natural Disasters and Economic Factors Lead to Increasing Homeowners Insurance Costs
Homeowners insurance affordability declines nationwide, influenced by increased natural disasters and economic factors, with significant state-to-state variations in insurance costs.
November 20, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Louisiana
Mississippi
New Hampshire
Oklahoma

Homeowners Insurance Affordability Study Reveals Significant Variations Across States
A recent study by the Insurance Research Council reveals stark differences in homeowners insurance affordability across the United States.
November 14, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Florida
Louisiana
Mississippi
New Hampshire

Adapting to Wildfire Realities: Insurance Sector’s Evolving Role in Risk Management
Wildfires continue to threaten communities, ecosystems, and economies worldwide. With the increased risk and frequency of catastrophic weather events, the continuous need to reassess and update models has challenged insurance professionals.
November 10, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Colorado
Hawaii
Oregon

Revolutionizing Water Leak Prevention: AI’s Role in Reducing Insurance Claims
WINT’s innovative AI technology is transforming water leak detection and prevention, significantly reducing related insurance claims in commercial and residential properties.
November 10, 2023
Catastrophe
Property
Risk Management
Technology

2023 P&C Industry Outlook: Net Combined Ratio Hits 103.8% Amid Rising Replacement Costs and Market Challenges
The property/casualty insurance sector anticipates a challenging 2023, marked by unprofitability and rising replacement costs, despite strong premium growth.
November 10, 2023
Catastrophe
Property
Risk Management
Underwriting



