Moody's RMS on Tuesday said insured losses from the wildfires Aug. 8-10 in Hawaii could exceed $4.5 billion.

Tropical Storm Hilary deluged arid parts of Mexico and then drenched Southern California from the coast to inland mountains and deserts, forcing rescuers to pull several people from swollen rivers. Millions expected more flooding and mudslides Monday, even as the storm begins to weaken.

A series of fast-moving wildfires have left a trail of destruction across eastern Washington, with two fatalities and countless individuals under mandatory evacuation orders.

Two more insurance companies will exit the California homeowners market, further narrowing options for people seeking to insure their home or to purchase a house with a mortgage.

Florida's Office of Insurance Regulation (OIR) this week granted authorization to Mainsail Insurance Company, a property and casualty insurer headquartered in Texas, to function as a domestic insurer within the state.

A prolific high-end burglar has been apprehended and is now behind bars, thanks to the diligent efforts of the Bexar County Sheriff's Office. Law enforcement officials have managed to recover a cache of stolen goods, including an array of jewelry items, some with individual values of up to $1 million.

Across the country, homeowners are facing heavier financial burdens when it comes to securing the coverage they need to protect their property and belongings. Rising homeowners insurance rates are making budgets tighter for millions of American households.

The best claim is the one that never happens. That's what the team behind the Predict & Prevent podcast believes. But to truly predict and prevent a claim requires a deviation from the traditional 'detect and repair' mentality of risk management.

A Missouri jury awarded $27.4 million in a trial last week stemming from a 2018 Birmingham apartment fire. The jury found in favor of Maxus Metropolitan, which managed the Metropolitan Apartments in Birmingham.

An explosion in a Pennsylvania neighborhood has left five people dead and three others injured, with three homes destroyed and a dozen more damaged by the blast.

Data released by the Pacific Disaster Center and the Federal Emergency Management Agency (FEMA) has painted a harrowing picture of the aftermath of the Lahaina wildfire. As of August 11th, a staggering 2,207 structures have fallen victim to the relentless blaze.

The wildfire outbreaks in Hawaii have reportedly destroyed 1,700+ buildings thus far, indicating a potential extensive loss for the re/insurance industry, while the death toll has risen to 55, with as many as 1,000 people missing.

President Joe Biden has approved a disaster declaration for Hawaii and 'ordered federal aid to supplement state and local recovery efforts in the areas affected by wildfires,' according to the White House.

Ferocious wildfires, fueled by relentless winds and bone-dry conditions, have turned Hawaii's tranquil landscapes in Maui and the Big Island into an apocalyptic scene. Many homes and businesses have been destroyed in the historic area of Lahaina, Maui.

When Hurricane Laura hit Lake Charles in August 2020, Aaron Sonnier's roof was badly damaged. He was lucky: his insurance company quickly paid for repairs. But when he started noticing more damage to the house in the following months, things got messy.