Florida OIR Fines Carriers for Adjuster Appointments, Lack of Disclosure Statements September 3, 2025 By William Rabb Florida Insurance Comissioner Michael Yaworsky this year has levied more than $2 million in fines against eight property insurance companies...
Frequency Perils Helping to Boost Global Insured Losses to $152B, Verisk Report Says September 2, 2025 The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up...
Tesla Asks Court to Throw Out $243M Award; Says Comments About Musk Misled Jury September 2, 2025 By Bernard Condon The car company run by Elon Musk asked a federal court Friday to dismiss massive damages awarded to victims of...
Most Trump Tariffs Are Not Legal, US Appeals Court Rules September 2, 2025 By Dietrich Knauth, Nate Raymond and Tom Hals A divided U.S. appeals court ruled on Friday that most of Donald Trump’s tariffs are illegal, undercutting the Republican president’s...
Husband and Wife Insurance Agents Charged With $700K Fraud Scheme August 29, 2025 A Massachusetts couple was arrested this week for their alleged involvement in a scheme that defrauded at least 50 individuals...
20 Years Later, Hurricane Katrina’s Impact Echoes in Models, Mitigation and Reforms August 27, 2025 By William Rabb and Ezra Amacher Twenty years after Hurricane Katrina swamped parts of Louisiana and Mississippi, the property insurance sector is better prepared for another...
Sompo to Acquire Aspen for $3.5 Billion to Expand Global Access August 27, 2025 Sompo Holdings said a wholly owned subsidiary of Sompo International Holdings has an agreement in place to acquire Aspen Insurance...
When Luck Runs Out: Where $100B Hurricanes Might Happen August 27, 2025 Lists published every hurricane season, adjusting the amounts of insurance losses for past events for inflation to current-dollar levels, give...
Maryland Screwworm Patient Recovered; Ranchers Criticize CDC Secrecy August 26, 2025 By Tom Polansek and Leah Douglas The patient with the first human infestation of travel-associated New World screwworm in the United States has recovered from the...
‘Big Four’ Reinsurers Maintain Property-Cat Appetite, Despite Signs of Rate Softening August 26, 2025 By L.S. Howard Europe’s four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR – are maintaining their appetite for property-catastrophe...