Hurricane Helene made landfall as a Category 4 storm, leading to widespread property damage, power outages, and disruptions. Analysts predict total costs ranging from $20 billion to $34 billion, with insurance losses still being assessed.

Alcohol and marijuana present unique challenges in life and AD&D claims. While alcohol regulations are uniform, marijuana’s state-by-state legality and unpredictable effects complicate claim decisions and risk management.

Experts urge adopting fire-resistant building practices, fuel breaks, and structure spacing to minimize damage and loss in future wildfires, following the devastating Lahaina fire in Hawaii.

Artificial intelligence is revolutionizing insurance pricing by enhancing risk assessment, personalizing premiums, and improving operational efficiency, though significant challenges remain in infrastructure, data quality, and compliance.

Hurricane Helene, a rapidly intensifying Category 2 storm, is expected to make landfall as a Category 4 hurricane in Florida, bringing 15-20 foot storm surges and affecting millions across the Gulf Coast.

As Hurricane Helene threatens Florida’s Gulf Coast, concerns rise over the stability of the state’s recovering insurance market. Despite progress, losses could still reach billions.

Hurricane Helene is intensifying as it heads toward Florida’s Gulf Coast, threatening life-threatening storm surges, widespread flooding, and strong winds that will reach far inland across the Southeast.

Hurricane Helene is forecast to intensify rapidly as it nears Florida, with major impacts expected across the Southeast, including extreme winds, flooding, and widespread storm surge.

California has faced a severe wildfire season fueled by heat and dried-out vegetation, even without the seasonal winds that typically escalate fire risks. Experts warn that conditions could worsen as fall progresses.

The 2024 KPMG CEO Outlook highlights how business leaders are tackling cybersecurity risks, generative AI implementation, and mergers and acquisitions to stay ahead in an era of compound volatility.

Generative AI is moving beyond enhancing efficiency for insurance professionals. It now holds potential for transforming risk management, customer interaction, and even product offerings.

The Casualty Actuarial Society has released four new reports that explore bias in insurance pricing models, AI usage, and regulatory concerns, aiming to guide actuaries toward fairness and compliance.

A developing Atlantic storm poses a significant hurricane risk to the US Gulf Coast, stretching from Mississippi to Florida. Forecasters predict rapid intensification as it moves north through warm Gulf waters, threatening major landfall.

COVID-era worker activity monitoring tools have evolved into sophisticated AI data generators, helping insurers tackle rising repair costs, litigation, and labor shortages while improving operational efficiency.

Workers’ compensation continues to boost the property and casualty insurance industry with an 88.7 combined ratio in 2023, driven by reduced claims frequency, workplace safety, and competitive market conditions.