The new federal catastrophe reinsurance bill faces scrutiny from America’s insurers, highlighting concerns over policyholder costs and insurance access.
After a lengthy legal battle, the city of Jackson, Mississippi, is set to receive $10.3 million from Zurich American Insurance for damages from a 2013 hailstorm.
Eastern Australia faces unexpected and prolonged deluge, causing extensive damage to homes and crops, challenging the typical preparations for wildfire season.
Moody’s RMS analysis predicts insured losses from the January 1 Noto Peninsula earthquake in Japan to range between $3 to $6 billion, covering various impacts.
The family of a British tourist receives a $100 million settlement for the 2018 Grand Canyon helicopter crash that resulted in five deaths, including the tourist’s.
Alaska Airlines faces critical questions about its decision to keep a Boeing 737 Max 9 flying over land, despite cabin-pressurization warnings, before a fuselage blowout.
In response to escalating climate change and storm threats, Florida introduces new bills to expand its mitigation program, offering grants for home elevation and floodproofing.
The American Property Casualty Insurance Association outlines nine key areas for 2024, including legal system reforms and catastrophe insurance challenges, aiming to enhance the property-casualty sector.
The 2024 Noto Peninsula Earthquake in Japan caused significant insured losses, with residential properties, especially older structures, bearing the brunt of the damage.
