News
Deadly Central Europe Flooding Made Twice as Likely by Climate Change
Human-caused climate change doubled the likelihood and intensified the heavy rains that led to devastating flooding in Central Europe earlier this month, a new flash study found. Torrential rain in ...
Hurricane Helene Churns Toward Florida Coast as Large Storm
Hurricane Helene pushed deeper into the Gulf of Mexico as the system tracked toward Florida, where it's forecast to make landfall Thursday evening as a punishing Category 4 storm. Helene's winds rose ...
Ice Age Could Provide Clues on Frequency of El Niño: Study
Extensive glaciation and dramatic climate shifts marked the last ice age around 20,000 years ago. The event reshaped Earth's oceans, landscapes and ecosystems. Now, a study led by the University of ...
A Quarter of Small Businesses Report Falling Victim to AI Scams
A new survey reveals that in the past year an estimated one-quarter of small business owners (SBOs) have been targeted by a scam that used generative AI, according Nationwide Insurance. Those ...
Southeast U.S. on Hurricane Watch as Helene Surges Its Way
Hurricane watches were issued for parts of Cuba and Mexico on Monday as a cluster of storms south of the Cayman Islands was expected to strengthen into a major hurricane while moving north toward the ...
Risks Now in E&S Market May Be There to Stay: AM Best
In 2023 the U.S. surplus lines market for the first time surpassed the $100 billion mark in direct premiums written, and some of the risk that has found non-admitted insurers might stay there beyond ...
Northwest Residents Concerned About Wildfire, But About 25% Don’t Prepare
The majority of Washington and Oregon residents (82 percent) have some level of concern about growing wildfire dangers, but only about one-in-four are taking precautions to combat the impacts of ...
State Farm Posts Worst HO Loss Ratio Since 2011; Peers Recover: S&P GMI
State Farm was the only one of 10 major players in the homeowners insurance market reporting a worse second-quarter loss ratio for the line than it did in 2023, according to a new analysis. The ...