News
Frozen Pipes Lead to $628M in Losses for State Farm
New analysis highlights just how costly frozen and winter water damage claims can be. From January 2024 through June 2025, State Farm received more than 20,000 claims, totaling over $628 million in ...
California Lawmakers Propose New Regulations as Insurance Battles Linger After Wildfires
Jen Egan is still dealing with the aftermath of the Palisades Fire that damaged the home of her 83-year-old father, Paul, last January. That has meant more than a year of going back and forth with ...
Accuweather: Winter Storm to Cause Up to $115B in Damage, Economic Losses
The weekend winter storm that impacted more than 200 million people from more than 24 states is expected to result in total damage and economic losses of between $105 billion and $115 billion, said ...
Shallow Tremors Could Help Forecast Major Earthquake in Northern California
New research by the University of California - Davis suggests a much more complex, hidden fault system exists beneath the Northern California coast, indicating that tiny tremors may help forecast a ...
U.S. Safety Board Probes Waymo Robotaxis Passing Stopped School Buses
The U.S. National Transportation Safety Board said on Friday it is opening an investigation into self-driving car company Waymo after its robotaxis illegally passed stopped school buses in Austin, ...
New York City Apartment Building Gas Explosion, Fire Kills 1, Injures 14
A gas explosion sent fire racing through the top floors of a high-rise apartment building in New York City early Saturday, killing one person and injuring 14 others as temperatures plunged into the ...
House Committee Advances Bill to Extend Federal Terrorism Backstop
Looking to ensure the longevity of a worthwhile federal program, the insurance industry has continued to lobby in favor of the TRIA Program Reauthorization Act of 2026. The legislation (HR ...
AI Data Center Boom Risks Roiling Global Carmaker Supply Chains
The auto sector is bracing for yet another potential supply chain disturbance, this time spurred by the rush to build data centers that train and develop artificial intelligence models. A shortage of ...