Insurance News

California workers’ compensation written premium in 2023 was slightly above 2022, while written premium for the first six months of 2024 is 2% lower than the first six months of

Citigroup Inc. said US banks will be forced into a “dramatic shift” in how electronic payments are processed if New York state wins a lawsuit claiming the company doesn’t do

President urges leadership amid "crisis of trust" Hurricanes Helene and Milton and the US presidential election loomed large over an annual meeting of property and casualty insurers and reinsurers. Members

Incident has triggered a web of legal and insurance disputes The March 2024 Baltimore bridge collapse, involving the cargo ship Dali, has triggered a tangled web of legal and insurance

Trend raises concerns for Helene and Milton victims Weiss Ratings, an independent rating agency, has warned that Florida homeowners filing legitimate claims for damage from Hurricanes Helene or Milton may

Category 5 storm hitting Gulf Coast with destructive winds Florida residents are being urged to finalize preparations for Hurricane Milton, which is expected to make landfall along the west-central Gulf

Program's sustainability remains in question As Hurricane Milton nears landfall and in the wake of Hurricane Helene, the long-term sustainability of the National Flood Insurance Program (NFIP) remains in question,

Wind, storm surge, and flooding drive losses, with NFIP claims reaching billions Moody's RMS Event Response has estimated that total US private market insured losses from Hurricane Helene will range

Dealmaking saw a new low in H1 2024 Insurance companies in the US and Canada slowed their pace of mergers and acquisitions this year, deterred by elevated interest rates, economic

How to help brokers get more comfortable talking about risk Earlier this month, the catastrophe data service PERILS announced the expansion of its US Cyber Industry Loss Index to include