Insurance industry sees auto physical damage profitability recover, while casualty sectors grapple with increased medical inflation and social verdicts.
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.
New research shows insurance protects against climate disasters, but millions of flood-prone homes remain uninsured as premiums climb beyond affordability.
In response to rising traffic deaths, several U.S. states are advancing legislation requiring speed-limiting devices in vehicles driven by repeat offenders or high-risk drivers.
Following an antitrust ruling, the U.S. Justice Department is pushing for Google to sell its ad exchange and publisher ad server to break up its ad tech dominance.
A federal appeals court panel expressed skepticism over Google’s argument that competition with Apple justifies overturning a jury’s ruling that declared its Android app policies an illegal monopoly.
The 2025 Climate and Catastrophe Insight Report by Aon highlights how hurricanes, severe storms, and global flooding pushed disaster losses to $368 billion in 2024, exposing critical insurance gaps.
An Austin-based small group health insurer settles allegations of fraudulent billing practices, emphasizing the need for transparency and ethical standards in health insurance claims.
The Virginia Workers’ Compensation Commission denied benefits to a school bus driver, emphasizing that injuries caused by simple acts like walking are not automatically compensable.
A Virginia worker’s knee injury, sustained while salvaging chocolates from his employer’s delivery truck, was deemed outside the scope of employment by the Workers’ Compensation Commission.
Modernized building codes can significantly cut disaster recovery costs, but inconsistent adoption across states remains a major challenge as climate risks grow.
A one-meter rise in sea levels by 2100 may expose over 14 million people and $1 trillion worth of property to flooding, erosion, and subsidence along the Southeast Atlantic coast.
The Insurance Information Institute’s latest report highlights the increasing flood risks faced by inland areas due to shifting weather patterns. Hurricanes, tropical storms, and thunderstorms are pushing the boundaries of flood-prone regions, underscoring the need for better insurance coverage, flood resilience, and mitigation strategies to bridge the protection gap in non-coastal communities.
The devastation from Hurricane Helene reveals a significant inland flood-protection gap, particularly in flood-prone communities without sufficient insurance coverage, where misinformation and funding challenges further slow recovery efforts.