United Natural Foods, a key supplier for Whole Foods, took systems offline after unauthorized network activity, causing temporary disruptions in order fulfillment and distribution.
Lawsuits filed in Los Angeles County accuse USAA and AAA-affiliated insurers of underinsuring homes damaged in the January 7 wildfires, leaving policyholders unable to rebuild.
Researchers are diving into hailstorms across Texas, Oklahoma, and Kansas to better understand one of the U.S.’s costliest but most overlooked weather risks.
Starting July 2026, Colorado will let insurers use advanced risk models for wildfire coverage, aiming to price policies more accurately amid rising climate threats.
Georgia homeowners face surging premiums after back-to-back hurricanes. Lawmakers and insurers are exploring solutions to stabilize the market and protect consumers.
Severe storms across the US and Europe from late May to early June caused extensive hail, flood, and wind damage, with insured losses reaching into the billions.
A fire at a SEPTA bus lot in Philadelphia destroyed 40 decommissioned vehicles but caused no injuries or disruptions to commuter service, officials said.
Following legislative reforms and shifting market dynamics, Florida’s personal property insurers posted underwriting profits in 2024 for the first time in nearly a decade.
Victoria’s Secret shut down its website and systems on May 26 following a cyber incident, restoring services by May 29. Some in-store functions were also briefly disrupted.
New research shows AI tools can flag potentially fraudulent property and casualty claims just two weeks after filing, outperforming traditional investigation methods.
Forecasters anticipate a slightly above-average 2025 hurricane season in the Atlantic, though key uncertainties in ENSO and sea temperatures complicate predictions.
With 70-90% of storm-related claims involving roof damage, the FORTIFIED Roof standard offers a proven, cost-effective way to reduce risk and protect property.
Over 6.4 million homes in coastal U.S. states face moderate or greater storm surge risk, with $2.2 trillion in potential reconstruction costs, according to 2025 Cotality data.
Modernization of core systems is crucial for P&C insurers to reduce costs, improve customer experience, and keep pace with digital innovation—but success demands a strategic, business-led approach.