The Gallagher Re report highlights Q1 2024’s below-average economic losses from natural catastrophes, totaling $43B globally, 17% below the previous decade’s Q1 average.

A judge has mandated that a Chiefs superfan, who committed multiple bank robberies, pay over $10 million for the distress caused during a 2022 robbery.

The Oklahoma Insurance Department has issued a cease-and-desist order to First Premier Home Warranty Corp. for selling unauthorized home warranties in the state.

A significant storm system brings widespread damage, power outages, and severe weather threats to millions across the central and eastern United States.

Over 660,000 properties were hit by significant hail during early March, surpassing 2023 records and signaling a potentially challenging year for insurers.

With a rich background in claims and education, Tiara Wallace brings a fresh perspective to risk management, emphasizing diversity and innovation.

With rising concerns over data privacy, the unauthorized use of personal information in auto insurance claims and repairs presents significant risks and implications for millions.

A federal safety board investigation finds Chesapeake Energy and its contractors failed to implement crucial well control measures in a 2020 Texas oil well fire that resulted in three fatalities.

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.

Federal officials have charged four Minnesota men in a multi- million-dollar scheme to transport stolen catalytic converters to buyers in several states.

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.

Severe thunderstorm activity from June 11-15 caused $7 billion to $10 billion in insured losses, according to a report Monday from data and analytics company CoreLogic Inc. This loss estimate includes damage to residential, commercial, and industrial property, as well as automobiles, but excludes damage to infrastructure such as roads, utilities and governmental facilities.

Oklahoma City police released more information on Tuesday about a deadly shooting inside a business on the northwest side of the city. Police confirmed a Midwest City man was enraged over a denied claim and shot a woman inside an insurance agency before Robert Arnest, 65, turned the gun on himself.

New videos show scenes of devastation in the aftermath of powerful tornadoes that touched down in Texas, Oklahoma and Arkansas on Friday. At least eight tornadoes were confirmed by survey teams from the National Weather Service, and two of those have been rated an EF-3 with winds near 160 mph.