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Why Are Property & Casualty Carriers So Profitable?
Jun 22 2026 // Property and casualty carriers have made fortunes over the last two years. In fact, they have been profitable for 30 of 31 years. The exception was after the 9/11 attacks, when they threw in all the reserves they should...
Moody’s: US Faces $375B in Uninsured Flood Losses From 1-in-100-Year Event
Jun 22 2026 // The U.S. faces a widening gap between growing flood risk and the take-up of flood insurance, potentially exposing the nation to more than $375 billion in aggregated uninsured flood losses from a 1-in-100-year event,...
Ohio Man Sentenced for Causing $860K in Computer Fraud Losses
Jun 22 2026 // A 36-year-old Ohio man has been sentenced for computer fraud after causing more than $860,000 in losses, Acting U.S. Attorney John G.E. Marck announced. Maxwell Schultz, Columbus, Ohio, pleaded guilty Nov. 18, 2025. Senior...
Doing its Job: Large Majority of Cyber Losses Covered by Insurance, Says Willis
Jun 17 2026 // More than 95% of average data breach losses and 90% of average first-party losses are adequately covered by insurance, according to a recent report by Willis, a WTW business. Cyber claims in Focus – Getting value from...
Texas Beef Industry Profits Eaten Away by Threat of Screwworm
Jun 17 2026 // James Henderson was a teenager in 1971 when he had to treat animals for a type of white maggot that ate livestock from the inside out — the New World screwworm. “It’s a horrible parasite, and it will eat that...
Latent Construction Defects: Hidden Source of Disputed Losses in Fast-Built Texas
Jun 16 2026 // A nail driven through a supply line during original construction. It happens more often than most claims professionals would expect. In one North Texas home, the fastener sat embedded in the pipe wall for years, gradually...
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