News
Small Track Changes Drive $70B+ Swing in Milton Insured Loss Estimates
Insured losses from Hurricane Milton could sit anywhere within a $70-plus-billion range extending from $9 billion to $85 billion, experts from CoreLogic said yesterday afternoon, at least nine hours ...
Titan’s Former Lead Engineer Felt Pressured to Get Submersible Dive-Ready
The lead engineer for an experimental submersible that imploded en route to the wreck of the Titanic testified Monday that he felt pressured to get the vessel ready to dive and refused to pilot it ...
Federal Flood Maps Are No Match for Florida’s Double Hurricane
Even before the second megastorm in as many weeks brings devastating floodwaters to the Southeast U.S., it's already clear that federal flood-risk maps underpinning decisions by millions of American ...
Scammers Pose as Political Activists to Play on Partisan Divide
Hackers are exploiting the partisan divide in the U.S. to lure Americans into clicking on phishing emails, according to new research. An "extensive and coordinated" phishing campaign was identified ...
Verisk Estimates Up to $11B in Insured Losses From Hurricane Helene
The Extreme Event Solutions group at Verisk estimates insured losses due to wind, storm surge and flood in the U.S. for Hurricane Helene will range between $6 billion to $11 billion. This figure does ...
Experts Predict Impacts of $20-$25B+ Milton Hit to Insurers, Reinsurers
A wide cone of uncertainty surrounds insurance experts' pre-landfall predictions about the state of the industry that will prevail in the aftermath of Hurricane Milton, with most viewing it as a $20 ...
Study: E-bike and Powered Scooter Injuries Soar
Electric bike and powered scooter injuries surged between 2019 and 2022 by 293 percent and 88 percent, respectively, according to Columbia University's Mailman School of Public Health. The findings, ...
U.S. P/C Insurers’ See Slump in Shares as Hurricane Season Losses Mount
U.S. property and casualty insurance stocks tanked on Monday after Hurricane Milton intensified into a category 4 storm on its path towards Florida's western coast, marking yet another costly ...