Exploring the tumultuous journey of the P&C industry in 2023 and its potential path towards recovery and innovation in 2024, amidst global and economic uncertainties.

Homeowners insurance affordability declines nationwide, influenced by increased natural disasters and economic factors, with significant state-to-state variations in insurance costs.

A recent study by the Insurance Research Council reveals stark differences in homeowners insurance affordability across the United States.

The National Weather Service called it 'super fog' - a combination of thick smoke from fires in marshy wetlands of south Louisiana and the fog that often hangs thick in the air on cool, windless mornings.

Portions of the South are facing the increased threat of severe weather and tornadoes this time of year. We are in the period known as the 'second tornado season' for many residents in the south. The American Property Casualty Insurance Association (APCIA) urges residents, particularly across the South and southern Plains to stay vigilant.

The exodus of some insurers from states badly affected by catastrophic climate-related events represents an opportunity for the carriers that remain, but comes with a need to understand the potential effect it has on customer perceptions, according to the J.D. Power 2023 U.S. Home Insurance Study.

Ten states -- Louisiana, Florida, Idaho, Kentucky, Mississippi, Montana, North Dakota, South Carolina, Texas, and Virginia -- as well as additional plaintiffs, are suing the Federal Emergency Management Agency (FEMA) over its new methodology for pricing flood insurance, Risk Rating 2.0.

Millions of American homeowners are confronting a growing financial dilemma as climate change-driven wildfires and floods push their home insurance rates to unprecedented levels. The situation is compounded when insurers decide to withdraw coverage.

Increases in federal flood insurance premiums that are projected to surpass 700% over the coming years are already leading people to back out of home purchases and will likely lead to an exodus of residents and businesses from southern Louisiana, officials told a federal judge Thursday in New Orleans.

Florida and other states are trying to fend off an attempt by the Biden administration to end a lawsuit challenging changes to the National Flood Insurance Program that have led to higher premiums for many property owners.

An insurance adjuster from Texas was sentenced to 20 years in prison for pocketing more than $200,000 in insurance payouts meant for St. Charles Parish residents who filed claims to repair damage to their property following Hurricane Ida, according to the St. Charles Parish District Attorney's Office.

One of the largest wildfires in Louisiana history is continuing to spread and threaten rural communities. The Tiger Island Fire, which started about five miles east of the Texas state line, doubled in size over the weekend, growing to more than 33,000 acres -- accounting for more acres of burned land than the state usually has in an entire year.

Nearly four years after the catastrophic collapse of the Hard Rock Hotel in Downtown New Orleans in October 2019, settlement negotiations begin for the families of the victims.

As the one-year anniversary of Hurricane Ida approaches, Louisiana Insurance Commissioner Jim Donelon has issued a reminder about the approaching deadline for initiating legal proceedings against insurance providers.

Federal prosecutors have secured charges against five more people in an alleged years-long scheme to crash cars into big rigs and buses on New Orleans freeways for millions in insurance money.