News
Neptune Flood: 77% of At-Risk Homes Outside FEMA Zones Have No Flood Insurance
Many homeowners underestimate their flood risk, leaving millions uninsured or underinsured in the face of a rising tide of flood events. A 2025 study from the Federal Reserve Bank of Philadelphia ...
Homeowners Insurers Still Boosting Rates; Top Carriers Ranked: AM Best
Last year's sub-100 combined ratio for the homeowners line broke a five-year string of 100-plus figures for the U.S. insurance industry in aggregate—and homeowners insurers are sticking to rate ...
Mercury Insurance and Safeco Insurance to Transition California Customers and Agents
Mercury Insurance is partnering with Liberty Mutual Insurance on a plan to provide coverage for thousands of California Safeco Insurance customers impacted by a shift in Liberty Mutual's California ...
InsurTech Investment Hits $60B Milestone But Pales AI Figures
Artificial intelligence is quickly reshaping the insurance landscape, and Gallagher Re's global head of InsurTech, Andrew Johnston, warned in the company's latest Global InsurTech Report that this ...
CSU Maintains Above-Average Atlantic Hurricane Season Expected
Researchers at Colorado State University continue to expect an above-average 2025 Atlantic hurricane season. Along with the four named storms that have already occurred (Andrea, Barry, Chantal, and ...
Nearly 45,000 Vehicles Damaged By Floods in Mid-Year Storms
Used car buyers are being warned to watch for signs of flood-damaged cars, as new CARFAX data estimates that nearly 45,000 vehicles have already been damaged by mid-year storms.Elon Musk and Tesla were sued by shareholders who accused them of securities fraud for concealing the significant risk that the company's self-driving vehicles, including the ...
Titan Submersible Disaster CEO Could Have Been Charged Criminally Had He Survived: Report
The Titan submersible disaster could have been prevented, the U.S. Coast Guard said in a report released Tuesday, holding OceanGate CEO Stockton Rush responsible for ignoring safety warnings, design ...
Global Insured Losses From Natural Disasters Could Top $150B in 2025: Swiss Re Report
Global insured losses from natural catastrophes hit $80 billion in the first half of 2025, which is almost double the 10-year average between 2015 and 2024 and marks the fifth year in succession when ...
Tesla, Musk Sued by Shareholders Over Robotaxi Claims