A new study predicts that climate change will lead to larger hailstones by mid-to-late century, resulting in increased damage risks to aircraft, vehicles, and buildings due to stronger thunderstorm updrafts.

The North Carolina Supreme Court upheld a ruling that a mailed cancellation notice met state requirements, effectively voiding a homeowner’s insurance policy weeks before a fire destroyed the property.

Understanding restoration best practices is essential for insurance professionals to minimize losses, protect policyholders’ belongings, and make informed decisions when engaging recovery experts after incidents like floods, fires, or natural disasters.

The iconic 97-year-old Coney Island Cyclone roller coaster in Brooklyn, NY, has been closed indefinitely after a mid-ride halt caused by a damaged chain sprocket. No injuries were reported.

Meteorologists predict an active September in the Atlantic, with up to 10 named storms potentially forming as reduced wind shear and dry air create favorable conditions for hurricane development.

Integrating Environmental, Social, and Governance (ESG) principles with robust risk management strategies is key to fostering sustainable business practices, improving compliance, and enhancing long-term resilience in a volatile market.

A recent analysis by Colorado’s largest workers’ comp insurer highlights a 52% rise in workplace injuries when temperatures exceed 90 degrees (F), emphasizing the importance of heat safety measures for indoor and outdoor workers.

The insurance industry is ripe with innovation, but the overuse of vague buzzwords like "transformation" and "disruption" dilutes meaningful progress. A call for precise and straightforward communication can better serve clients, investors, and the industry itself.

Conflicting federal policies hinder communities from accessing vital dam failure data, potentially raising flood insurance costs and leaving residents unaware of flood risks.

Resilience’s midyear 2024 report reveals ransomware as the leading cause of cyber losses, with a sharp increase in the severity of claims, largely driven by third-party risks and vendor failures.

As vessels grow in size and complexity, the global marine insurance market faces heightened risks, leading to increased volatility and the need for long-term strategies to manage major losses.

The Carmack Amendment has long served as a legal foundation for freight claims in the U.S., but evolving logistics and e-commerce trends challenge its relevance, necessitating fresh strategies for claims professionals.

A DeepSky Research report predicts a 300% rise in extreme hurricane rainfall frequency and a 33% increase in severity, highlighting the urgent need for preparedness as hurricane impacts are expected to worsen rapidly.

AI is transforming agricultural insurance by enhancing risk management, improving claims processing, and optimizing resource use, benefiting both insurers and growers in an increasingly volatile climate.

Nationwide’s 16th annual Hambone Award highlights bizarre pet incidents like a puzzle-eating pup and a toenail-tangled parrot, with voting open through August 22, 2024, to determine the most unusual pet insurance claim.