News
Smoke, Coverage Issues Cloud Wildfire Forecast: $35-$45B Losses Insured
CoreLogic announced a preliminary range of insured loss estimates for the Eaton and Palisades Fires in Los Angeles, Calif., of $35 to $45 billion, but there are a lot of factors that could change the ...
As Climate Drives Rising Costs, Hawaii Lawmakers Vow to Stabilize Property Insurance Market
Hawaii lawmakers began a new legislative session Wednesday with a vow to try to stabilize the state's property insurance market as hurricanes, wildfires and other climate change-influenced disasters ...
WEF Survey: Conflict, Disinformation Join Weather as Top Global Risks
War is the top worry wracking the nerves of risk experts surveyed by the World Economic Forum, despite incoming US President Donald Trump's vow to end hostilities in Ukraine. "State-based armed ...
Cyber, Business Interruption, Natural Disasters Listed as Top 3 Business Risks: Allianz
Cyber, business interruption and natural catastrophes are the top three risks that concern global businesses, according to the Allianz Risk Barometer 2025. Cyber incidents, such as ransomware ...
Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?
There has been some question about whether California's insurer of last resort – the FAIR Plan – has enough cash on hand to pay for its share of wildfire claims. As surplus is inadequate and ...
States Push Changes to Driver, Auto Insurance Requirements in 2025
The new year welcomed new driver and auto insurance-related requirements in 2025. Beginning January 1st, California's minimum insurance limits increased to $30,000 for bodily injury and $60,000 per ...
Health Risks Found in Unburned Homes After Wildfire
Residents who returned to unburned homes after a 2021 wildfire near Boulder, Colorado often reported health issues months later, a study has found. The most common symptoms reported by survey ...
Missouri Man Pleads Guilty to Staged Auto Crashes Netting More Than $100,000
Earlier this week, a St. Louis, Missouri, man admitted to staging a series of vehicle accidents and injuries to defraud insurance companies, according to the U.S. Attorney's Office, Eastern District ...