Risk
Edison Utility Sued Over Role of Equipment in Los Angeles Fire
Edison International Inc.'s southern California utility was hit with a lawsuit blaming the energy provider's equipment for igniting one of the wildfires still raging in the second-largest US ...
IIHS Finds That Reflective Clothing Confuses Pedestrian Crash Prevention Sensors
Reflective clothing designed to make pedestrians stand out to human drivers may make them invisible to automated crash prevention systems, according to a new study by the Insurance Institute for ...
Recently we explored how specialty insurance markets emerge and the signals that help MGAs distinguish a lasting opportunity from temporary...
First 2025 Atlantic Hurricane Season Forecasts 7 Named Storms
An early prediction of the 2025 Atlantic hurricane season suggests there will be 15 tropical storms, with 7 named storms, according to Tropical Storm Risk (TSR). In a forecast summary released last ...
Business Groups, Trial Lawyers at Odds Over Georgia’s Latest Push to Curb Lawsuits
After years of stalled efforts to limit civil lawsuits, Georgia Gov. Brian Kemp and Republican lawmakers are doubling down with a new push. Supporters, most prominently business groups, call the ...
Las Vegas Cybertruck Driver Used ChatGPT to Plan Attack, Find Targets
The highly decorated soldier who exploded a Tesla Cybertruck outside the Trump hotel in Las Vegas used generative AI including ChatGPT to help plan the attack, Las Vegas police said Tuesday. Nearly a ...
Mercury General Wildfire Losses Will Hit Reinsurance Cover. One Event?
Mercury General Corporation said it expects losses from wildfires burning in California since Jan. 7 to exceed its $150 million reinsurance retention, without providing a specific dollar estimate of ...
The Most Important 2025 Los Angeles Wildfire Stories; Latest Loss Estimates
As firefighters gain more control over what have become the most destructive wildfires in U.S. history in a matter of days, the scale of the destruction and losses is becoming clearer. Despite the ...
Significant But ‘Manageable’ Insurance Losses Expected From LA Fires: S&P
Insurers are facing significant losses from the catastrophic Los Angeles wildfires—given the high value of homes and businesses in the affected communities. However, those losses are likely to be ...