A bright spot for small business insurers: Customer trust is on the rise. Fifty percent of small business owners trust their carriers more than they did pre-pandemic. That number jumps to 80% when the business owner has filed a claim

On July 26, Brandon Jones’s St. Louis home was hit by major flooding for the second time since 2008, when he moved in. Cars were barely visible under several feet of turgid storm water, as record rainfall fell on the city.

A convergence of global factors will cause above-average levels of claims inflation for the foreseeable future.

The pandemic and political turmoil are causing widespread and long-term economic volatility after many years of positive trends. But covered commercial property losses continue, whether caused by fire, wind, or other causes independent of the underlying bases for the current market turmoil.

Florida is one of 50 states and experiences 9% of all homeowner’s insurance claims, not unreasonable given our weather and geography. However, Florida has 79% of all homeowner’s property insurance litigation.

Severe storms and tornadoes ripped through parts of the South from Tuesday into Wednesday morning, killing at least two people in Alabama and damaging homes and other buildings in at least three states, officials said.

Since the double-punch of Hurricanes Laura and Delta in 2020, 11 residential property insurance companies doing business in Louisiana have been declared financially insolvent and 12 can longer conduct business in the state.

An insurance company filed a document Monday asking the D.C. Court of Appeals not to consider the question of whether the presence of COVID-19 droplets cause ‘physical loss and damage’ in the next stage of GW’s lawsuit against the company.

A Minnesota federal district court has held that a software company is entitled to coverage for losses related to diverted billing emails under its business interruption coverage, rejecting the insurer’s argument that the phrase ‘business operations’ in the insuring clause referred only to income-generating activities.

With Florida property insurers trying to curb lawsuits, a Leon County circuit judge has refused to block a decision by Insurance Commissioner David Altmaier that could steer at least some disputes away from courtrooms.

New York Gov. Kathy Hochul has requested the state’s Department of Financial Services (DFS) issue temporary permits to qualified, out-of-state insurance adjusters to help speed the claims process along for those who were impacted by the November 2022 storm.

Roofs began to creak and collapse under the weight as another storm brought the Buffalo area’s three-day snowfall total Thursday to an epic 6 feet or more, with more still coming down.

The Los Angeles Lakers got a procedural win in their fight to secure insurance coverage for the losses the team experienced during the Covid-19 pandemic’s business shutdowns -- a development that some believe could set a precedent for similar cases.

Football fans are being warned not to score an own goal while they celebrate or commiserate over games, as a major insurer says home insurance claims spiked during the last World Cup.

As Nicole threatens the Carolinas and Virginia on Friday with tornadoes and flooding, Floridians -- many still recovering from Hurricane Ian -- are picking up the pieces after this week’s storm killed at least four people and ripped apart buildings with its dangerous storm surge and powerful winds.