Fitch Ratings expects Hurricane Milton to cause between $30 billion and $50 billion in insured losses to push total industry...
National News
Bayer must pay $78 million to a Pennsylvania man who said he got cancer from using the company’s Roundup weedkiller,...
Zurich N.A. Hires AIG’s Hattauer to Head Financial Lines Zurich North America hired Nora Hattauer as head of financial lines...
Ransomware claims severity spiked by 68% to an average loss of $353,000, according to a new report by a cyber...
Climate change was a key driver of the devastating impacts of Hurricane Helene, a group of scientists said this week....
A cyberattack continues to affect the largest regulated water and wastewater utility company in the United States, renewing a focus...
After fearing the worst from Hurricane Milton, investors in catastrophe bonds appear to have sustained losses well below those predicted...
WTW characterized commercial insurance rates as balances and stable but, as Hurricane Milton approached, the broker warned of upcoming disruption....
S&P Global Ratings said potential losses from Hurricane Milton could fully deplete the 2024 natural catastrophe budgets for rated U.S....
The insurance industry faces significant challenges in covering catastrophic risks, especially as climate change drives more extreme weather events. With...