S&P Global Ratings said potential losses from Hurricane Milton could fully deplete the 2024 natural catastrophe budgets for rated U.S....
National News
The insurance industry faces significant challenges in covering catastrophic risks, especially as climate change drives more extreme weather events. With...
The global economy could be exposed to losses of US$14.5 trillion over a five-year period from the threat of a...
GSK has agreed to pay up to $2.2 billion to settle most lawsuits in U.S. state courts claiming that a...
Marriott International has agreed to settle with the Federal Trade Commission and 50 state attorneys general over a series of...
The US is in the early stages of an investigation into potential Chinese hacking of American telecommunications companies, according to...
Catastrophe modeler Verisk predicted wind, storm surge and flooding from last month’s Hurricane Helene will cause insured losses of between...
A wide cone of uncertainty surrounds insurance experts’ pre-landfall predictions about the state of the industry that will prevail in...
Even before the second megastorm in as many weeks brings devastating floodwaters to the Southeast US, it’s already clear that...
Home security firm ADT Inc said on Monday an unauthorized actor had illegally accessed its network using credentials obtained through...