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Most Losses in Destructive Eaton Fire Tied to Conflagration Hazard, Report Shows
Aug 28 2025 // When the Eaton Fire burned in Los Angeles County in early January, 75% of the structures in the fire perimeter had a low to moderate wildfire hazard, but they carried a high to very high conflagration hazard. Eighty-four...
California’s new take on wildfire loss models, and what this means for property insurers
Aug 26 2025 // The California Department of Insurance (CDI) has made some serious moves to tackle the state’s insurance crisis head on, last year launching its Sustainable Insurance Strategy (SIS). With the SIS came a set of...
Reinsurers Have Made Major Structural Changes to Improve Profits. Will Discipline Last?
Aug 22 2025 // Reinsurance underwriting remains disciplined, with terms and conditions and attachment points largely intact, despite signs of rate moderation, according to an AM Best market segment report. During the January 2023...
California’s new take on wildfire loss models, and what this means for property insurers
Aug 18 2025 // The California Department of Insurance (CDI) has made some serious moves to tackle the state’s insurance crisis head on, last year launching its Sustainable Insurance Strategy (SIS). With the SIS came a set of...
Carrier Revenue Growth Expected to Outpace Hiring in Next Year
Aug 18 2025 // Approximately 81% of insurance companies expect to increase their revenue in the next 12 months, but only about 53% expect to increase their staff in that same period, according to a new insurance labor market outlook...
New York AG Sues Zelle, Claims Lax Security Led to $1 Billion Consumer Fraud Losses
Aug 14 2025 // Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform’s refusal to adopt critical safety features enabled fraudsters to steal more than $1 billion from...
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