In 2025, secondary perils† – among them wildfires, severe convective storms and floods – accounted for a record 92% of total global natural catastrophe insured losses of USD 107 billion Population growth, rising asset values and...
Science-based roadmap gives communities practical steps to reduce home ignition and limit neighborhood-level wildfire destruction Richburg, SC (Mar. 31, 2026) – The Insurance Institute for Business & Home Safety (IBHS) and the American Property Casualty...
Article 0 Comments Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the US-Iran ceasefire deal, according to broker McGill and Partners. With the...
Boston, MA (Mar. 23, 2026) — InnSure, a non-profit reimagining climate change-related insurance risk financing, is pleased to announce the nine companies comprising the second cohort of Creation Labs: 7Analytics, Aillium, Delos, EVSTAR, Fast...
Article 0 Comments We live in risky times. War with Iran, the ongoing conflict between Russia and Ukraine, Mexican cartels—global tensions are at an all-time high. The Department of State is advising Americans worldwide...
Article 0 Comments A federal judge dismissed a proposed class-action lawsuit accusing the maker of Stanley tumblers of concealing that the popular water bottles contained lead. In a decision on April 3, U.S. District...
New York, NY (Feb. 26, 2026) – CoverGo has deployed its Intelligent Document Processing (IDP) AI Agent for Generali Hong Kong, supporting the insurer in automating its health insurance claims operations, accelerating processing times...
Toronto, ON (Mar. 16, 2026) – As cross-border travel, seasonal residency, and property ownership in Mexico continue to rise among Canadians, brokers are seeing renewed attention on the insurance implications of operating vehicles and...
Article 0 Comments The Federal Bureau of Investigation has concluded that last month’s breach of the networks it uses to manage wiretaps and other surveillance work qualifies as a “major incident,” signaling the severity...
Article 0 Comments Reinsurance rates continued to soften during the April 1 renewals despite the unstable geopolitical landscape and uncertain economic outlook, according to major reinsurance brokers. “The orderly completion of the renewal, with...
