California Bill Would Require Insurer Claims Handling Plans, and Double Penalties January 7, 2026 A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance...
Millions at Risk of Los Angeles-Style Wildfires in Australia January 6, 2026 By Keira Wright Millions of people living on the expanding outskirts of Australia’s major cities face an increasing risk of urban wildfires similar...
Catastrophe Bonds Linked to Wildfires Lose ‘Untouchable’ Status December 19, 2025 By Gautam Naik Alternative investment managers are starting to take a serious interest in catastrophe bonds tied to wildfires, moving into a risk...
LA Fires and US Severe Convective Storms Drive Insured Losses of $107B in 2025 December 16, 2025 By L.S. Howard Insured losses from natural catastrophes will surpass US$100 billion mark in 2025 for the sixth consecutive year – driven mainly...
Global Insured Losses From Natural Disasters Could Top $150B in 2025: Swiss Re Report August 6, 2025 By L.S. Howard Global insured losses from natural catastrophes hit US$80 billion in the first half of 2025, which is almost double the...
‘Soft Market Under Stress’ Offers Unique Window of Opportunity for Insurance Buyers August 1, 2025 A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis of second-quarter 2025 market...
H1 Natural Disasters Had Insured Price Tag of $80B – Driven by US Claims: Munich Re July 29, 2025 By L.S. Howard Natural disasters across the globe cost insurers US$80 billion during the first half of 2025, up from $64 billion in...
California Surplus Lines Take-Up Soars as Brokers Work to Find Coverage for Clients July 15, 2025 By Don Jergler The best way to tell that the California homeowners insurance market has been a bear is to see where buyers...
ICE Raids Derail Los Angeles Economy as Workers Go Into Hiding July 7, 2025 By John Gittelsohn Los Angeles was already struggling to revive its fragile economy after the most destructive wildfires in its history erupted six...
Verisk: Q1 Claims Volume Hits 5-Year Low but Severity Up on Wildfire Losses June 19, 2025 By Ezra Amacher The first three months of 2025 brought devastating wildfires to California, significant wind and hail events to Texas, and substantial...