News
Ian Insured Loss Estimates Rise: New High Over $60B
Between the time Tropical Storm Ian moved from Florida on Thursday evening and the time it centered as a post-tropical cyclone near Myrtle Beach, S.C., early on Friday night, damage estimates from ...
Judge Dismisses Mexico Lawsuit Against Gun Manufacturers
A U.S. federal judge on Friday dismissed a lawsuit brought by the Mexican government against U.S. gun manufacturers arguing their commercial practices have led to bloodshed in Mexico. Judge F. Dennis ...
How Climate Change Impacted Hurricane Ian: More Rain
Climate change added at least 10 percent more rain to Hurricane Ian, a study prepared immediately after the storm shows. Thursday's research, which is not peer-reviewed, compared peak rainfall rates ...
Former PG&E Execs Agree to $117M Settlement for Wildfires
Former executives and directors of Pacific Gas & Electric have agreed to pay $117 million to settle a lawsuit over devastating 2017 and 2018 California wildfires sparked by the utility's ...
Vermont High Court: COVID Virus, Like Cat Urine, Can Cause Physical Loss
Citing decisions that found insurance coverage was owed for contamination caused by cat urine and gasoline vapors, the Vermont Supreme Court broke from courts across the nation and found that ...
Nearly 84,000 Florida Properties Flooded by Ian: ICEYE First Estimate
ICEYE, a provider of SAR (synthetic aperture radar) satellite data, revealed on Friday morning that a total of 83,879 Florida properties have been impacted by flooding from Hurricane Ian, based on ...
Citizens’ Early Ian Loss Estimate $3.8B; Florida OIR Suspends Use and File
Hurricane Ian continued to churn through central Florida Thursday morning, leaving widespread flooding and wind damage in its wake. It was too early to know the extent of property insurance claims ...
Underwrite or Autowrite? How Machines Help (or Hurt) the Underwriting Profession
The person who invented autocorrect should burn in hello. We've probably all seen some form of this joke and thought about a situation where a word we wanted to type was replaced by one we definitely ...