News
AM Best: Tariff Uncertainty Could Lead to Credit Rating Changes for Insurers
According to AM Best, the balance sheets of insurers can be pressured by the stock and bond market volatility caused by recent tariffs, resulting in financial exposure that could lead to some changes ...
Triple-I Launches Legal System Abuse Awareness Campaign in Louisiana
Triple-I has launched a comprehensive awareness campaign in Baton Rouge, La., highlighting legal system abuse and its impact on the state's economy to encourage consumers to voice their support for ...
2024 Second on Record for Most Tornadoes in the U.S. in a Year
New analysis indicates there were 1796 confirmed tornadoes in 2024, the second highest on record (1950-present), according to NOAA's Storm Prediction Center. The busy tornado season was driven by an ...
Federal Bill Reintroduced to Combat Organized Retail Theft
Bipartisan legislation aimed at cracking down on flash mob robberies and complex retail theft schemes was reintroduced last week. The Combating Organized Retail Crime Act of 2025, reintroduced by ...
White House Budget Proposal Eliminates NOAA Climate Research
The administration of President Donald Trump aims to eliminate the arm of the National Oceanic and Atmospheric Administration that oversees research on climate change, and refocus the U.S. fisheries ...
AI Weather Models Promise Super Granular, Specialist Forecasts
The weather forecasting industry has made big leaps in accuracy but has struggled with hyper-local predictions. But the proliferation of AI weather models in recent years means small, commercial ...
In Fight Over Insurance, Neighbors Crowdsource LA Fire Contamination Data
All sense of survivors' guilt was fleeting for those residents whose homes remained standing after wildfires ripped through the Los Angeles area three months ago.
Judge Rules Administration Violated Court Order by Pausing FEMA Grants
A federal judge ruled on Friday that Republican U.S. President Donald Trump's administration violated a court order by halting Federal Emergency Management Agency's disbursement of millions of ...
California’s Bill to Hold Oil Companies Liable for Natural Disaster Damage Stalls
California lawmakers have blocked a bill to make oil and gas companies liable for damage to homes from natural disasters caused by climate change, warning it could raise gas prices. Senate Bill 322 ...