News
As Wisconsin Streets Flood, Midwest Braces for New Storms
Floodwaters from record rainfall in Wisconsin inundated streets on Wednesday, trapping drivers and forcing officials to close sections of a highway, as other Midwestern states worked to rebuild after ...
100-Year Hurricane in NYC Could Cost Insurers More Than $100B: KCC
A 1-in-100-year hurricane event in New York City could cost insurers more than $100 billion, according to an analysis by Karen Clark & Co (KCC). And a 1-in-250-year hurricane could cost insurers ...
Analysis: California’s Surplus Lines HO Market Driven by Access, Not Wildfire Risk
It's been more than two years since I wrote an analysis based on Surplus Line Association of California insight and data for an Insurance Journal article that the state's homeowners insurance market ...
U.S. Sustained Storm-Related Insured Losses Over $50B Three Years in a Row: Triple-I
Tornadoes, hail, straight-line winds, and severe thunderstorms caused $51 billion in U.S. insured losses in 2025, marking the third straight year losses have exceeded $50 billion, according to a new ...
Britain Considers Expanding Ban on NDAs That Silence Workplace Abuse Complaints
Britain may widen a planned ban on non-disclosure agreements that silence victims of workplace harassment, discrimination, and abuse to include agency workers and the self-employed, as well as ...
House Approves Aviation Safety Bill Based on Deadly Midair Collision
An aviation safety bill seeking to address lessons learned from last year's midair collision of a jet with an Army helicopter near the nation's capital was approved by the House on Tuesday, but key ...
Weather Prediction Markets Are Booming, but Can They Improve Forecasts?
A few days before Christmas, Howard Qin was scrutinizing weather forecasts on two laptops at home in Shanghai when he noticed prices of contracts for New York City snowfall creeping higher on the ...
Progressive Q1 2026 Income Up Nearly 10%
Progressive reported nearly double-digit growth in net income for first-quarter 2026, recording a bottom-line jump similar to the one recorded in last year's first quarter, even as top-line growth ...