Gallagher Re reports below-average insured catastrophe losses through September 2026, even as severe storms, hail and drought generate billions in claims across major insurance markets.
Moisture left behind by Hurricanes Odalys and Polo is combining with a western storm system to produce heavy rain across the Southwest and Plains, raising the risk of flash flooding, property damage and difficult travel through Friday.
Business email compromise accounted for more than $3 billion in reported losses in 2025, while Alaska recorded the highest rate of reported cybercrime incidents relative to its business population.
Utah insurers declined to renew 4.45% of homeowners policies in 2025, putting the state ahead of California as wildfire exposure and underwriting restrictions reshape property insurance availability.
A Colorado jury found a contractor intentionally interfered with an insurance contract after allegedly inflating a church hail damage claim. The verdict highlights growing insurer scrutiny of contractor involvement in appraisal disputes and claim inflation.
State regulators are accelerating enforcement on AI use in insurance, exposing carriers to fines and legal risk when decision models lack transparency.
Utilities across the West are increasingly cutting power during high-risk weather, reshaping wildfire prevention strategies and claims exposure for insurers.
As federal agencies scale back climate and weather programs, nonprofit groups are stepping in to preserve datasets critical to catastrophe modeling, insurance claims analysis, and risk mitigation.
Spears Manufacturing claims Liberty Mutual ignored defense duties in two major construction defect lawsuits, raising concerns about insurer obligations in property damage cases.
The FTC and seven states allege Live Nation and Ticketmaster enabled brokers to bypass ticket limits, reaping billions in fees while fans paid inflated resale prices.
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.
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.
