Sen. Adam Schiff recently reintroduced his Incorporating National Support for Unprecedented Risks and Emergencies (INSURE) Act to create a federal...
catastrophe losses News
Prior to reporting second-quarter results later this month, Allstate said today it expects slightly lower catastrophe losses in the second...
Insurance industry financial strength rating agency AM Best said today that a decision to stop updating a National Oceanic and...
Allstate Corp. first quarter 2025 net income applicable to common shareholders fell more than 52% to $566 million primarily due...
First quarter 2025 net income at Chubb fell nearly 38% to about $1.3 billion as losses from the California wildfires...
The Travelers Cos. said first quarter 2024 fell 65% on an underwriting loss of $305 million. Travelers posted first quarter...
Insurers are betting on a suite of new AI-driven techniques to better predict surging losses from climate-driven weather catastrophes ranging...
The 2024 Atlantic hurricane season ends Nov. 30 after 18 named storms including the earliest Category 5 storm on record,...
Allstate today said it estimated pretax catastrophe losses of $286 million for the month of October. Losses during October included...
Liberty Mutual Insurance today said it expects up to $900 million in losses from hurricanes Helene and Milton. Parent Liberty...