Smoke, Coverage Issues Cloud Wildfire Forecast: $35-$45B Losses Insured January 17, 2025 By Susanne Sclafane CoreLogic announced a preliminary range of insured losses for the Eaton and Palisades Fires in Los Angeles of $35 billion...
Seibels Bruce, One of the South’s Oldest Insurance Companies, Closes its Doors January 17, 2025 Two decades after its subsidiaries were deemed insolvent and 155 years after it was founded, one of the oldest insurance...
Damaging Megadroughts Are Spreading Around the World January 17, 2025 By Kendra Pierre-Louis Severe drought conditions have helped fuel the Los Angeles wildfires. But a new study, released Thursday in the journal Nature...
France Steps Up Checks After Foot-and-Mouth Outbreak in Germany January 17, 2025 France has reinforced checks for foot-and-mouth disease (FMD) and issued alerts to veterinarians after an outbreak of the highly contagious...
Broker Juniper Re Enters London With Industry Veteran Hawke at Helm January 17, 2025 Juniper Re LLC, the specialist reinsurance broking arm of The Baldwin Group, announced its entry into the London market, appointing...
South Korea’s Crashed Jet Reveals Bird Feathers in Both Engines January 17, 2025 By Heejin Kim South Korean investigators found feathers in both engines of the Boeing Co. 737-800 jet involved in a crash late last...
Tanker Under US Sanctions Discharges Oil at Chinese Port: LSEG Data January 17, 2025 By Siyi Liu A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group...
Maritime Sources Expect Houthis to Halt Red Sea Attacks After Gaza Deal January 17, 2025 Maritime security officials said on Thursday they were expecting Yemen’s Houthi militia to announce a halt in attacks on ships...
Cyber Insurance Market to Expand as Risks Evolve: Gallagher January 17, 2025 While 2024 brought record-breaking data-breach costs and evolving cyber risk, all signs point to stable rates and ample capacity in...
Actuary Group Forecasts Climate Change to Have Massive GDP Hit Without Policy Action January 17, 2025 By Don Jergler Here’s stark warning in a new report from a group of actuaries: the global economy could face a 50% loss...